Government Control of the Sugar Industry in the United States An Account of Th
Government Control of the Sugar Industry in the United States An Account of Th
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The above grades shall be determined with reference to the standard samples thereof as fixed by the New Orleans Sugar and Rice Exchange with the approval of the United States Food Administration and now on file with said Exchange. In case of dispute regarding the grade the final decision shall be made by the Louisiana Sugar Committee.
(3) That unless the aforesaid Louisiana Sugar Com- mittee permits the sale at a lower price by reason of deterioration, or sets a lower price for any or all grade...s under the provisions of Section 4 hereof, the producer will sell direct consumption sugars manufactured by him at not more than such price as is found to be just and fair by the United States Food Administrator, hereafter called the ''maximum price. " The said United States Food Administrator agrees that he will not name a price less than thor basic price mentioned in Section 2 hereof for sugar in barrels or one hundred pound bags f. O. B. New Orleans or point of origin carrying the same freight rate as New Orleans; provided, how- ever, that if domestic beet sugar is generally selling at a higher price than the basic price of fine cane granu- EXHIBIT 10 199 lated sugar, the United States Food Administrator will not name a price less than the price of domestic beet sugar less the differentials named in paragraph 2, provided that if there is a sale to the United States or any of its agencies such price shall not necessarily govern.
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To quickly assess the difficulty of the text, read a short excerpt:
The above grades shall be determined with reference to the standard samples thereof as fixed by the New Orleans Sugar and Rice Exchange with the approval of the United States Food Administration and now on file with said Exchange. In case of dispute regarding the grade the final decision shall be made by the Louisiana Sugar Committee.
(3) That unless the aforesaid Louisiana Sugar Com- mittee permits the sale at a lower price by reason of deterioration, or sets a lower price for any or all grade...s under the provisions of Section 4 hereof, the producer will sell direct consumption sugars manufactured by him at not more than such price as is found to be just and fair by the United States Food Administrator, hereafter called the ''maximum price. " The said United States Food Administrator agrees that he will not name a price less than thor basic price mentioned in Section 2 hereof for sugar in barrels or one hundred pound bags f. O. B. New Orleans or point of origin carrying the same freight rate as New Orleans; provided, how- ever, that if domestic beet sugar is generally selling at a higher price than the basic price of fine cane granu- EXHIBIT 10 199 lated sugar, the United States Food Administrator will not name a price less than the price of domestic beet sugar less the differentials named in paragraph 2, provided that if there is a sale to the United States or any of its agencies such price shall not necessarily govern.
What to read after Government Control of the Sugar Industry in the United States An Account of Th?
You can find similar books in the "Read Also" column, or choose other free books by Joshua Bernhardt to read onlineMoreLess
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