Newspaper Page Text
Excursion Fares
Via
Grt al Gh® Raiiu
To
PENSACOLA. FLORIDA.
Account
• MARDI GRAS
Tickets wilkbe on sale February 7to 11, 1918, inclusive. Fi
nal return limit February 22, 1918.
Final limit may be extended to March 11, 1918 by depositing
ticket with Special Agent and paying SIOO. fee
For any Information as to fares, schedules, sleeping car
reservations, etc. ~
Ask The Ticket Agent
Central of Georgia Railway
/‘The Right Way”
* g?**—"inn ■wnm aw - i— k.i.. uriiL—iit.- li.jiuliu l-W—U—l-—-_-x———UJl—L-u
Bring Your Cotton To
JEFFERS ORVILLE
MM-
' D.S. FAULK
Commission Merchant
and Cot’ on Factor
s>*.
_ Jefferson 1 dlie, Georgia.
B. A Hooks.
Dealer in Bug gies, Wagons,
Horses and Mules
DUBIJN, GA.
The Hardest T ime of The
Year to Keep Straight
A trip to the drug store in
time may save a doctor a trip
to you. Get what you want
when you need it- Everybody
is getting sick now!
We have a good restaurant, also buy your
CHICKENS, BUTTER and EGGS.
F. C. BALCOM
Jeffersonville, - Georgia
Money To Loan
On Improved Farm Lands, by one the/best Loan
Companies in the South.
Long Time
Payments and
Low Rate
of Interest.
Flemming Bloodworth
Irwinton, - Georgia
THE BULLETIN, IRWINTON, GEORGIA.
AMERICAN SUGAR
SENT ITERANCE
American Price Rigidly Regulated
by United States Food
Administration.
CONSUMERS HERE PAY 9c.
Sugar Cost 35 Cents a Pound During
Civil War—Refiners' Profits
Now Curtailed.
Sugar is selling today throughout
America at from 8% to 9 cents a
pound to the consumer, even though
there is a world shortage which has
reduced this nation's sugar allotment
to 70 per cent, of normal.
Through the efforts of the United
States food administration the sugar
market has been regulated as far as
the producer, refiner and wholesaler
is concerned. The food administration
lias no power to regulate retail prices
except by public opinion. Even though
more than 85,000 tons of sugar have
been shipped to France in the last
four months the retail grocer's sugar
price is around 8 to 8% cents. He
should sell this sugar at 8^ to 9
cents, the food administration believes,
and asks the American housewife to
pay no more than this amount.
Last August when the food admin
istration was organized the price of
sugar rose suddenly to 11 cents a
pound. During the Civil War sugar
cost the consumer 35 cents a pound.
By regulation of the sugar market and
reducing the price to 8% and 9 cents
and keeping it from advancing to 20
cents the food administration has sav
ed the American public at least SIBO,-
000,000 in four months, according to
a statement made by Herb.ert Hoover
the other day.
“It is our stern duty to feed the al
lies, to maintain their health and
strength at any cost to ourselves,”
Mr. Hoover declared. “There has not
been, nor will be as we see it, enough
sugar for even their present meagre
and depressing ration unless they send
ships to remote markets for it. If we
in our greed and gluttony force them
either to further reduce their ration
or to send these ships we will have
done damage to our abilities to win
this war.
“If we send the ships to Java
for 250,000 tons of sugar next year
we will have necessitated the em
ployment of eleven extra ships for
one year. These ships—if used in'
transporting treops—would take
150,000 to 200,000 men to France.”
Reason for World Shortage.
As Mr. Hoover pointed out, the
United States, Canada and England
were sugar importing countries before
the war, while France and Italy were
very nearly self supporting. The main
sources of the world's sugar , supply
was Germany and neighboring powers,
the West Indies and the East Indies.
German sugar is no longer available,
as It is used entirely in Germany,
which also absorbs sugar of surround
ing countries.
England can no longer buy 1,400,000
long tons of sugar each year from
Germany. The French sugar produc
tion has dropped from 750,000 to 210,-
000 tons. The Italian production has
fallen from 210,000 tons to 75,000 tons.
Thus three countries were thrown
upon East and West Indian sources
for 1,925,000 tons annually to maintain
their normal consumption.
Because of the world’s shippings
shortage the allied nations started
drawing on the West Indies for sugar;
East Indian sugar took three times
the number of ships, since the dis
tance was three times as great. Sud
denly the west was called on to fur
nish and did furnish 1,420,000 tons of
sugar to Europe when 300,000 tons a
year was the pre-war demand. The
allies had drawn from Java 400,000
tons before the shipping situation be
came acute.
“In spite of these shipments,” Mr.
Hoover stated the other day, “the
English government in August reduced
the household sugar ration to a basis
of 21 pounds per annum per capita.
And in September the French govern
ment reduced their household ration
to 13 2-10 pounds a year, or a bit over
1 pound of sugar a month. Even this
meagre ration could not be filled by
the French government it was found
early in the fall. America was then
asked for 100,000 tons of sugar and
succeeded In sending 85,000 tons by
December 1. The French request was
granted because the American house
hold consumption was then at least 55
pounds per person, and it was consid
ered the duty of maintaining the
French morale made our course clear.”
Today the sugar situation may
be summarized by stating that if
America will reduce its sugar con
sumption 10 to 15 per cent, this
nation will be able to send 200,000
more soldiers to France.
Sugar today sells at seaboard ro-
Iluerles at $7.25 a hunta-ed pounds.
The wholesale grocer has agreed to
limit his profit to 25 cents a hundred
plus freight, and the retail grocer is
supposed to take no more than 50 cents
a hundred pounds profit. This regu
lation was made by the food adminis
tration, which now asks the housewife
to reduce sugar consumption ns much
as possible, using other sweeteners,
and also reminds her that she should
■pay no more than 9 cents a pound for
sugar.
Control of Cane Refiners' Profits.
“Immediately upon the establish
ment of the food administration,” Mr.
Hoover said, "an examination was
made of the costs and profits of refin
ing and it was finally determined that
the spread between the- cost of raw
and the sale of refined cane sugar
should be limited to $1.30 per hundred I
pounds. The pre-war differential had
averaged about 85 cents and increased '
costs were found to have been impos
ed by the war in Increased cost of re
flnkig, losses, cost of bags, labor, Insur
ance, interest ahd other tilings, rather
more than cover the difference. After
prolonged negotiations the refiners
were plifced under agreement estab
lishing these limits on October 1, and
anything over this amount to be agreed
extortionate under the law.
“In the course of these Investiga
tions it was found by canvass of the
Cuban producers that their sugar had,
during the first nine months of the
past year, sold for an average of about
$4.24 per hundred f. o. b. Cuba, to
which duty and freight added to the
refiners’ cost amount to about $5.66
per hundred. The average sale price
of granulated by various refineries, ac
cording to our investigation, was about
$7.50 per hundred, or a differential of
$1.84.
“In reducing the differential to $1.30
there was a saving to the public of 54
cents per hundred. Hud such a dif
ferential been In use from the Ist of
January, 1917. the public would have
saved in the first nine months of the
year about $24,800,000.”
Next Year.
With a view to more efficient organ
ization of tlie trade in imported sugars
next year two committees have been
formed by the food administration:
1. A committee comprising repre
sentatives of all of the elements of
American cane refining groups. The
principal duty of this committee is to
divide Jhe sugar imports pro rata to
their various capacities and see that
absolute justice is done to every re
finer. .
2. A committee comprising three rep
resentatives of the English, French
and Italian governments; two repre
sentatives of the American refiners,
with a member of the food administra
tion. Only two of the committee have
; arrived from Europe, but they repre
sent the allied governments. The du
ties of tills committee are to determine
tlie most economical sources from a
transport point of view of all the al
lies to arrange transport at uniform
rates, to distribute the foreign sugar
between the United States and allies,
subject to the approval of tlie Ameri
can, English, french and Italian gov
ernments.
This committee, while holding strong ;
views as to tlie price to be paid for :
Cuban sugar, has not bad the final
voice. Tills voice has rested in the
governments concerned, together with
the Cuban government, and I wish to
state emphatically that all of the gen- I
tiemen concerned as good commercial '
men have endeavored with the utmost !
patience and skill to secure a lower ■
price, and their persistence has re
duced Cuban demands by 15 cents per '
hundred. The price agreed upon is i
about $-1.60 per hundred pounds, f. o. b.
Cuba, or equal to about $6 duty paid ;
New York.
“This price should eventuate," ;
Mr. Hoover said, “to about $7.30
per hundred for refined sugar from
the refiners at seaboard points or
should place sugar in the hands of
the consumer at from 8^ to 9
cents per pound, depending upon
locality and conditions of trade, or
at from 1 to 2 cents below the
prices of August last and from one.
half to a cent per pound cheaper
than today.
“There is now an elimination of
speculation, extortionate profits, and
in the refining alone the American
people will save over $25,000,000 of
, the refining charges last year. A part
of these savings goes to the Cuban,
Hawaiian, Porto Rican and Lousianian
producer and part to the consumer.
“Appeals to prejudice against the
food administration have been made
because the Cuban price is 34 cents
above that of 1917. It is said in effect
that the Cubans are at our mercy;
that we could get sugar a cent lower.
We made exhaustive study of the cost
of producing sugar in Cuba last year
through our own agents in Cuba, and
we find it averages $3.39, while many
producers nre at a higher level. We
found that an average profit of at
least a cent per pound was necessary
in order to maintain and stimulate
production or that a minimum price. of
$4.37 was necessary, and even this
would Stille some producers.
"The price ultimately agreed was 23
cents above these figures,.or about op.e- ;
fifth of a cent per pound to tlie Ameri- I
can consumer, and more than this i
amount has been saved by our reduc-|
tion in reflnhrs' profits. If we wis|i to
stifle production in Cuba we. could
take that course just at the tinie of till
times in our history when, we want
production for ourselVes and the al
lies. Further than that, the state de
partment will assure you that such a
course would produce disturbances In
Cuba and destroy even our present
supplies, but beyond all these material
reasons is one of human justice. This
great country has no right by the
might of its position to strangle Cuba.
“Therefore there is no imposition
upon the American public. Charges
have been made before this commit
tee that Mr. Rolph endeavored to ben- '
eflt the California refinery of which he |
was manager by this 34 cent increase
in Cuban price. Mr. Rolph did not fix
the price. It does raise the price to
the Hawaiian farmer about that
amount. It does not raise the profit of
the. California refinery, because their
charge for refining is, like all other re
flners, limited tn $1.30 per hundred
pounds, plus the freight differential on
the established custom of the trade.
"Mr. Rolph has not one penny of ia
terest in that refinery."
Bank of Danville
Danville, Ga.
Statement at the close of business Jan, Bth 1918.
RESCOURCFS LIABILITIES
Bills Receivable ^86,140.16 Capital $15,000.00
House, Fixtures 2,000.00 Fronts: 17,733.92
Stocksand 80nd5.21,000.00 Deposits 316,352.95
Cash& Exchange 239,946.00
Total $349,086.87 Total $349,086.87
We beg to call your attention to the above statement
and we believe this statement indicates the confidence that
the depositing public places in this Bank.
On the strength of this statement we solicit your Bank- .
ing business -guaranteeing prompt and efficient service.
H. L. D. HUGHES, Pres. G. E. CHAPMAN, Vice-P. *
C. R. FAULK, Cashier.
Money to Loan
On improved Farm
Lands.
Long time loans. For rate of interest, write to
E.GL DEAN,
Milledgeville, Ga.
Ford ;
Gasoline Filling Station open at all hours.
I TOOMSBORO AUTO CO.
S . '
Agent Ford Motor Company
Toomsboro, - Georgia.
Come in and tell us a bit of news.
Cotton Seed For Sale
Dixie Wilt Resistant, Lewis 63 Wilt
Resistant/and Half and Half, at $1.75
per bushel,
C. H. RICHARDSON
IVEY, GEORGIA
g m "days^
S. W. Hunter
Toomsboro, , Ga.
Gin will be in operation the following
days of each week till further notice:
Tuesday, Thursday, Saturday.
Will buy all remnant cotton.
Metropolitan Case
: DUBLIN, GA.
When in Dublin EAT-
atthe place of Satisfac——-
lion.
The Cleanest and Best Place in the City
Gus. H. Carrott and Chris Balanis
PROPRIETORS
