Speech #770056451

I merely wish to interrupt the Senator to say that the argument which he is now making seems to me to overlook the fundamental fact that the 2cent sugar of which he speaks is possible only because of the very distressed condition in the entire sugar industry throughout the world. to correct which the administration in 1933 joined forces with those who represented the sugarproducing areas of the United States and those who represented the refining interests of the United States to stabilize the industry. No proper comparison can be made between the distress world price and the price which the Senator has quoted in the United States. The correct comparison. as I see it. is between the prices to the domestic consumers existing under the Sugar Control Act and the prices which were charged before that act went into effect. Under the tariff system. before the quota system was adopted. and under the conditions that existed in the last World War. the prices which were paid by the conFumer were uniformly higher than under the present act.