Tariff Hearings Before the Committee On Ways And Means, First Session, Fifty-Third Congress, 1893

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It is not too nnich to say that .'ii<10,000,000 has been expended in our industry in the State of Louisiana alone in the past year. We, therefore, view any change of the system with alarm extending to consternation. \Ve have been led to believe that the bounty enactment was in the nature of an agree- ment or contract with the sugar-gi'owers and tlie Government. Indeed, Mr. McKinley in presenting the bill of the Committee of N\'ays and Means to the House so declared in words that admit of no otlier inter- inetation. Governor Gear, a member of the committee, went equally as far in Jiis speech in favor of tlie bill. The circuit court of the I'nited States, three judges concuri'ing, in the celobrated Galder case. 538 SUGAR. decided that the act was a contract between the GoYennnent and the sugar-growers, which could not in good faith be abrogated. The law declares that from July, 1890, to July, 1905, this bounty shall be paid to those who will engage in the production of sugar. The term of fourteen years is specifically fixed in the law.

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