Business & Finance: Sugar Crusade

When the tariff on Cuban sugar was raised this year from 1.76¢ to 2¢ per lb., pros and antis agreed on the probable result. Said the pros (mostly U. S. sugar-beet growers): sugar imports will drop, a young U. S. industry will thrive lustily. Said the antis (led by potent Manhattan bankers with investments in Cuba): in competition with duty-free Hawaii, Porto Rico, the Philippines, Virgin Islands, Cuba will be ruined.

Last week the antis banded together. Current figures were heartbreaking for many a Cuban sugarman. Since the first of the year, Cuban raw sugar...

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