Democratic Sentinel, Volume 18, Number 36, Rensselaer, Jasper County, 21 September 1894 — SUGAR TRUST PROFITS. [ARTICLE]
SUGAR TRUST PROFITS.
Combine Estimated to Have Cleared S2B,' 000,000 During the La'it Year.
A Treasury expert estimates that the profits of the sugar trust for the last year amounted to 851 per cent, of the amount of money actually invested in the trust. The profit amounts in dollars, according to this expert, to over $28,<)0l),000. In view of this immense profit, the story that a certain United States Senator received in cash $1,00'.),000 on condition of protecting the trust doo< not seem so absurd. It is not known that tho story is true, but it is pretty well known that just before the sugar legislation began this Senator was extremely hard up, and that when the passage" of the Senate schedule became certain ho was in greater a'nuence than ever before. Apropos of the trust’s profits, it is interesting to learn that no working capital was ever paid into the combine, but that $10,000,001) had been borrowed for running the The first dividend was paid in 1801 and amounted to 74 per cont. The 1802 dividend was e jual to 150 per cent. Tho 1803 dividend was ISS per cent.
Jean Sebastian Bach was called Father of Modern Piano Music,because his writings were largely for the Diano, and he vas the first to use the thumb in fingering.
Speaker Crisp and Secretary Smith addressed a mass meeting at Atlanta, Ga, the former devoting himself to the tariff, the latter to finance.
