Business: Sugar Fever

Buyers scrambling for the rich, mucky land along the shores of Lake Okeechobee in Florida's Everglades last week were paying as high as $1,000 an acre for land worth only $300 just six months ago. They were not Northerners planning vacation homes; they were Florida sugar-men looking for good cane-growing land so they can cash in on the sweet prosperity they see ahead for the domestic sugar industry, now that Cuban supplies are cut off.

"What happened in Cuba points up the necessity for a strong, healthy domestic production," said President Harry T. Vaughn* of Florida's biggest producer, United States Sugar Corp....

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