People's Pilot, Volume 4, Number 47, Rensselaer, Jasper County, 16 May 1895 — Greateat Trait on Earth. [ARTICLE]
Greateat Trait on Earth.
Congressman DeWttt Warner’s Reform club pamphlet on the sugar trust Is one of the best pieces of political writing seen in many years. He sums up the situation of the trust and the people thus: “With' the Sprockets in control of Hawaii and the Havemeyers extending their plantations In Cuba, the trust dicates to every branch of sugar production and distribution in the United States, taking under its wing every one concerned —except those who consume sugar. From its office at 118 Wall street, cable messages fly dally to its agents In Cuba, fixing the price of raw sugar there; to San Francisco announcing Cuba’s parity, at which arriving In Hawaii sugars are to be valued, telling her planters what —ln view of Cuban and Hawaiian prices—the price condescends to ofTer for American sugar; and to its representatives all over the world, giving the limit —based on Cuban parity—at which they can pick up Austrian, Japan, Phillipine, Brazilian and other sugars, when these are temporarily depressed in prices. In an adjoining room the quotations at or above which the subservient dealers throughout the country are permitted to sell sugars are daily settled, and through the four great sugar brokers who stand nearest the throne these are passed to forty others who wait the sugar trust’s nod at New York and telegraphed to the waiting hundreds in other cities in the land. These in turn so promptly notify their patrons, the thousands of wholesale grocers of the country, that before their doors are opened all danger of any purchaser getting his sugar below trust prices is over for the day 1 . By discount from his bill or periodical remittance, as the case may be, each faithful wholesaler is promptly and liberally paid for his loyalty, and whenever in the crisis of legislation one hears the bugle call of the trust he Instantly steps into line, ready to bombard his congressman with telegrams or fight him with ballots at short range until tho sugar trust cause is triumphant. “Such is the grandest trade organization the world has ever seen. “The sugar trust dictates the tribute that shall be rendered It by the American people. "The wholesale grocer is rewarded by whatever largess the trust thinks necessary to insure their loyalty. “And the public? ‘The public be damned’—and it is.”
