Sugar is primarily a food or a preserving agent and is no longer considered to be a luxury. as thousands of housewives will testify by gleaming rows of home canned food. The extension and changes in this bill are but the continuance of an equitable system for the control of sugar production and consumption which began back in 1934 with the JonesCostigan Act. The major premise of this legislation. a quota system with an excise equalizer in terms of production costs as between domestic and foreign producers. has stood since that time. Some modifications were necessary to meet the exigencies of the war. but we have been able to avoid the great surge in price which occurred in 1920 by smoothing out the production in various areas damaged by the war or areas called upon for great increases to meet increased demand. This bill reestablishes the quotas in force prior to the disruption of the war. with some gain to Puerto Rico and the Barbados Islands and a negligible cut for Cuba which will probably be wiped ouL by the increase in total consumption.
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quota system