Democratic Sentinel, Volume 21, Number 8, Rensselaer, Jasper County, 26 February 1897 — Page 4 Advertisements Column 2 [ADVERTISEMENT]
undcring the People. A Bainp|a the Kmlof i iib’'cr\ Folight by tlie lie in o - t ic laity During the i.’residendal ( ampaigu. Ollicml Fioures lb ' V e 1 hit tb Public Ila- been Ptobbed o. ,oxo,ooo by the i Sugar Trust Dai i g the List 'i n I'ears T rough the 11) '*rt ; ,-p oi the .VI argi *of Profit. At •" itill’d iy s s-r-ion fth > committee of the New Vick l.egi la-tire t»”d is investigating firsts, s afistics }"<>[) i .‘tt ho Nvii-et cc (f ay, w| on: the .-u r.r magnates mhmt ar, ‘ ,u ' f attlimnti son f ;( . ar market 1 . 1 ! I' veil, ■ .1, m been a numb «. lv,,te ;; •>• >■' twi , ,av r.,n 1 lelinod sn-nr ™ n(! V" ' ! r l!o ' *’ ' ■ ■ h ii there whs lief re. ' ■ i ■ a iincjaib ; ; 1 • art, a. followsh,i' ‘ ‘' - ■- i’ a. 's org tn. ~ (bait,.. I''''' t 1 1 00772 1 i 'ad 05819 lv! ij r i : • ~1.1 00858 ’' '*' 't - ’-I •’ u -11 i,-at to tee trusts or "a ii ie - lion. Pi ,eoi i oii ued Hi!;.-.. r p j ou'n.l .05971 -Iri-’e of raw sugar per p q Mnrg n of profit per poun 01010 1 1’ cieased iniugm . ? pmlit per p .anil o: ’icti’ned' ugar since I: fm a was (onned 00157 V O ," I .' ( ]\ H»vemcy--r, tli > president of the saga* trust, and John K Seni !* .■ its secretary m d treasurer, ten!itied uuder path hi this 1 vestig.ti.Vn that 1,500,000 tons of retired svig-r rre iiuu:i ill y c. msuined in the United States and Ihtti tue sug-i t. m;t control i about 1,200,000 lons of that output. 1,200,000 tons, tin*;-1111 ua 1 admitted output of ibe su<'ar trust, u equal to 2.400,00 a ’OO pounds. With an increased margin of profit «-f .00157 of cento., each pound the sugai trust then lore made > eh vein over a-,d above the old-time, normal profit of sugar idiners, 2,400,000,000 pounds output per year. , .00157 of - cent extra profit. 16. 500,000,000 12,00*0,000,000 2.400,000 000 8 ! iOS, OOO evtrn pmfic per year. For tb - five ' ears covered by Wulet & Gray’s static ics the extra profit earned by the trust was, th reforp five times §8.7(58,00(), r 5i5,840,000. The sugar trust has been in existence for ten ye.rs howeve -, ami i‘ is an esia l'sh d faci that the profit between tfie raw and the refined sugar has b“eu even greater during the past five years than it was dnriim tfie five years covered by Willet & Gray’s figures. In t e ten years of its life, consequently, the sm-ar trust has taken fit m the people, U) the shape of profits over and above what used o be made ou resin d su<oir before Die trust were formed, not less thau ten times 88 768,000, or §37,680,000.- N. Y. 'Vond. “ V
Dissolution of Partnership. The fi m of Thompson <fe Bro. is mutually dissolve <l. The debts and credits of the firm will be paid by and to David J. Thompson. Simon P. Thompson. Siabion L. Spitier. ! David J. Thompson. i)s
