Word: raws
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Sugar. Around sugar revolved a bitter controversy. Western beet sugar producers, representing themselves as infant-industrialists, had demanded higher tariff rates aimed at Cuban cane, and a limitation on the free importation of Philippine sugar. The House bill raised the world raw sugar duty from $2.20 to $3 per 100 Ib. which would make Cuba, which already enjoys a 20% differential, pay a tariff of $2.40 per 100 Ib. instead of the present $1.76. Swayed by the protest of Secretary of State Stimson as a onetime Governor-General of the Philippines, the House committee placed no limitation on free sugar...
...alcohol manufacturers say they have no intention, if raw molasses becomes more costly, of making more alcohol from corn than they now make. Blackstrap is far cheaper than corn. Manufacturers predict they will continue the use of blackstrap, meeting the tariff boost by adding about 5¢ per gallon to the cost of their product. The farmers will pay these additional pennies (which they forced upon themselves) when they paint their barns, buy medicine, put anti-freeze in their cars...
...Manufacturers. Chairman Hawley explained that, when the base rates on raw materials were revised upwards, it was necessary to give a higher "compensatory" rate to manufacturers using the raw material in their production to keep the proper balance of protection. The rate on high-grade raw wool was jacked up from 31¢ per Ib. to 34¢ with corresponding increases on finished woollen articles running through the whole schedule. These increases to manufacturers made the farmer rage, since they tended to continue the existing tariff disparity between Husbandry and Industry...
...Cliffs Iron Co. iron ore properties ranked with the richest in the country. Its subsidiary properties include a railroad, a fleet of 24 ships, a power company, bituminous coal deposits, and several hundred thousand acres of timber lands. Thus Broker Eaton's various steel companies were assured of ample raw material, and Cleveland's Steel Eatons and Iron Mathers were well and profitably linked...
...Office-the living mounted sentries of the Horse Guards. Splendid, remote and eternal, they stand in their little sentry boxes: two coal-black horses, currycombed to satin smoothness; two six-foot troopers in jackboots, silver breastplates, plumed helmets. Not even when irreverent trippers tempt the chargers with raw carrots, or drop peanut shells into the troopers' boot tops, do they move...