Sugar: 6¢ per lb.
Sugar last week became food for Republican thought as the Senate Finance Committee returned to this bitter-sweet subject of tariff-writing. Full committee hearings were held on a plan for a sliding scale of sugar duties proposed by Chairman Reed Smoot as a substitute for the flat rate in the House tariff bill. Senator Smoot spent the weekend with President Hoover at the latter's Shenandoah National Park camp site, returned convinced that the President will approve the bill if his sliding scale is inserted, pondered sugar solemnly with the...
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