Last year proved a profitable one for sugar producers, but not for refiners, who were hit hard in many instances by the wild fluctuations of raw sugar.
In industry, as in government, the old motto "In union there is strength" is popular and sometimes true. American Sugar Refining became interested in acquiring the National Sugar Refining Co. of New Jersey. Unfortunately, politicians had previously made a mare's nest out of the alleged "Sugar Trust," and by a decree in United States vs. American Sugar Refining Co., the matter of future merges of this...
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