Democratic Sentinel, Volume 16, Number 21, Rensselaer, Jasper County, 10 June 1892 — The Sugar Trust. [ARTICLE]

The Sugar Trust.

There is much food for thought in Representative Scott’s recent motion to place all sugars on the free list, and there are thousands who agree with him that the sugar trust “has succeeded in completely stifling and destroying competition by its unholy, unjust, and cruel exactions.” This is a bold statement, but the Representative backs it up by showing that the trust has lately added $25,000,000 to its capital stock and has thus absorbed'all outstanding competitive refiners of sugar. The trust would receive a crushing blow if all sugars were placed on the free list; and since the interests of legitimate competition can be served thereby, we sincerely hope that they will be placed on the free list. Where an article of food is concerned no trust should be allowed to control the price and defy competition. —National Provisioned May 14, 1892.

The Iron Age of May 19 says; “The export trade in cotton goods is practically at a standstill. The demand from China is dead. Trade with South America is very quiet, and there is but little doing with Africa.” Hasn’t the Iron Age heard of reciprocity, that friend of the farmer whicli was to open up new markets for his products in these tea, coffee, sugar and hide producing regions of the earth? Is it possible that. this “new comer stone of protection” is misbehaving so extensively and betraying the trust of its ardent supporters?