Review of reviews and world's work . Cuban crop alonewould have exactly the same effect as the admis-sion, free of duty, of one-fifth of the Cubansugar crop, while charging full duty rates uponthe other four-fifths. And this admission, freeof duty, of one-fifth of the Cuban sugar cropwould affect the beet-sugar producers of theUnited States neither more nor less unfavorablythan the addition to our home sugar crop of anequivalent quantity. In other words, the effectof a 20 per cent, reduction upon the Cuban tariffwould be simply that of the addition of, say,100,000 tons to the domestic sugar cr
Review of reviews and world's work . Cuban crop alonewould have exactly the same effect as the admis-sion, free of duty, of one-fifth of the Cubansugar crop, while charging full duty rates uponthe other four-fifths. And this admission, freeof duty, of one-fifth of the Cuban sugar cropwould affect the beet-sugar producers of theUnited States neither more nor less unfavorablythan the addition to our home sugar crop of anequivalent quantity. In other words, the effectof a 20 per cent, reduction upon the Cuban tariffwould be simply that of the addition of, say,100,000 tons to the domestic sugar crop, out ofa total consumption of considerably more than2,000,000 tons. The merest schoolboy knows that the^A^eHxVd -^iiierican price is fixed by the deficit that we have to import at the full dutyrate. Even if we admitted the whole of the Cu-ban crop free of duty, instead of only one-fifth ofit, as is proposed, the American beet-sugar pro-ducer would not be affected at all, because weshould still have to import from other countries. SENATOR BURROWS, OF MICHIGAN. (Who led the Republican group of Senators that opposedthe policy of Cuban reciprocity.) about 1,000,000 tons, or half our total consump-tion, at full tariff rates, and this, of course, wouldmaintain the price. The average American citi-zen, from his standpoint as a sugar consumer, hasnothing at stake whatever in the controversy thathas been pending. He will continue to pay forthe sugar he uses the price prevailing in theworld markets,—as in England, for instance,—plus some charge for transportation, and plus tliefull rate of the Dingley tariff. It might, how-ever, make some difference to a man engaged intlie sugar-refining business where his factoriesare located. The Western farmer had been socarefully hoodwinked that he did not for a timesee that the extra profit due to the tariff does notgo into his pocket, but into that of the owner ofthe beet-sugar factory. But his eyes are opening. The present economic position
Size: 1452px × 1721px
Photo credit: © The Reading Room / Alamy / Afripics
License: Licensed
Model Released: No
Keywords: ., bookcentury1800, bookdecade1890, bookidreviewofrevi, bookyear1890
