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Word: blackstrapâ (lookup in dictionary) (lookup stats)
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Blackstrap. The close interrelation of Industry and Husbandry is clearly set up in the case of blackstrap???a by-product of molasses and cane sugar, used chiefly for making industrial alcohol. The present duty on blackstrap is about ¼¢ per gallon. The new duty would average between 1¼¢ and 2¢ per gallon, depending upon the sugar content. Farm groups forced this increase on the Ways & Means Committee by the argument that a higher levy on this imported article would turn the alcohol manufacturers to domestic corn as a base for their product...

Author: /time Magazine | Title: THE TARIFF: Bill Out | 5/20/1929 | See Source »

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