Mixed with either potash or Congressmen, sugar is a potent explosive. This week the annual Congressional blowoff made all Good Neighbobs wince and hold their ears.
Good Neighbobs want to continue the quotas of the 1937 Sugar Act—which permits Cuba to supply 29% of U.S. demand, domestic beet growers 23%, the Philippines 15%, Hawaii 14%, Puerto Rico 12%, domestic cane growers 6%.
Instead the House this week rushed through a bill which is a sugar lobbyist's dreamboat. Often the various U.S. interests (beet growers, cane growers, Eastern refiners) snipe at each other as well as the public weal...
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