. Something about sugar; its history, growth, manufacture and distribution . ARGENTINA 273 An arbitrary amount was fixed as the total production of thefactories in operation, and this tonnage was prorated amongthem according to their capacity. Upon every 100 kilograms( lbs.) produced in excess of the allotment, a tax equiva-lent to 48% cents^ was levied, and factories where operationswere not started until after the passage of the law were taxedat this rate upon 25 per cent of their output. The fund raised inthis way furnished the compensation for the growers who de-stroyed their cane cr
. Something about sugar; its history, growth, manufacture and distribution . ARGENTINA 273 An arbitrary amount was fixed as the total production of thefactories in operation, and this tonnage was prorated amongthem according to their capacity. Upon every 100 kilograms( lbs.) produced in excess of the allotment, a tax equiva-lent to 48% cents^ was levied, and factories where operationswere not started until after the passage of the law were taxedat this rate upon 25 per cent of their output. The fund raised inthis way furnished the compensation for the growers who de-stroyed their cane crops or left them unharvested. A certainsum was applied to the payment of export bounty* and the re-mainder went into the national treasury. The Brussels convention, by its provision for countervailingduties, nullified the effect of the export bounty and in 1905 theexport privileges were withdrawn. In 1912 the import duty was established at cents gold perpound for 96-degree sugars and P^^ pound for sugarstesting under 96 degrees. A yearly reduction of about
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Keywords: ., bookcentury1900, bookdecade1910, booksubjectsugar, bookyear1917
