APPENDIX B.-Area utilized in the cultivation of sugarcane, and raw sugar production in the Philippines, 1920–34 1 Panocha is a lower grade of raw sugar than muscovado; it is produced for insular consumption. The base year 1920 was selected to show the rapid rise in the importance of centrifugal sugar. Source: Bureau of Statistics, Department of Agriculture and Commerce, Commonwealth of the Philippines. APPENDIX D.-Comparative production of different countries during past 40 APPENDIX E.-Investments in the Philippine sugar industry The capital invested in the Philippine sugar industry is mainly Filipino and American capital. The total investments amount to $260,753,866.67 as follows: Of the total of $93,253,886.67 invested in centrals, 43 percent is Filipino investment; 33 percent American; 23 percent Spanish, and 1 percent cosmopolitan. The following table shows the segregation of the investment in the centrals by nationalities: The investment classified as Spanish includes investments made by two of the oldest established companies in the islands--one established 75 years ago, and the other more than 50 years ago--so that it is generally considered in the Philippine Islands that these are Philippine investments. Moreover, many of the holders of the stock of the centrals classified as Spanish are in fact Filipinos, having been naturalized Filipino citizens. Of the 46 centrals in the Philippine Isliands, approximately 24, or more than one-half of them, are small mills, with capacities under 1,000 tons of cane per day. Most of these mills are financed by a group of Filipinos, while a few others were established by cosmopolitan investors, including Filipinos, Americans, and others. APPENDIX G.-Philippines, the best United States customer in 1935 for 70 1 American products1 1 Where the total exports of a group of items is used, subitems are also itemized; hence there is duplication in certain cases. 6, 084 APPENDIX G.-Philippines, the best United States customer in 1935 for 70 American products-Continued Confronted with such world-wide overproduction of sugar, and the consequent low prices, the sugar producers of continental United States and Territories and insular possessions held a conference in the fall of 1933 at the initiative of the Secretary of Agriculture for the purpose of finding a method of stabilizing the sugar industry by maintaining "a balance between production and consumption", provided for in the Agricultural Adjustment Act enacted earlier in that year. After 3 months of continued conferences and hearings, the sugar producers of continental United States, Territories, and insular possessions came to an agreement1 and proposed the following quotas for the various areas supplying sugar to the United States: 1 Subject, however, to a definite undertaking not to expand existing acreage except as consumption increases. 2 For first 3 years, then to be reduced to the amount specified in the Philippine Independence Act, or any modification thereof, local restriction of production to allow maximum export of 1,200,000 short tons raw value. 3 With provision for purchase of additional quantities up to a total of 2,000,000 tons the first year, 1,900,000 tons the second year, and 1,800,000 tons the third year. Direct consumption sugar [Source: Stabilization Marketing Agreement, Sept. 25, 1933] PRESIDENT ROOSEVELT'S PROPOSAL OF FEBRUARY 8, 1934 In his message to Congress on February 8, 1934, proposing a sugar-quota system, President Roosevelt suggested the following quotas: In the Jones-Costigan Act, Public Law No. 213 (H. R. 8861) the quotas for the continental producers were fixed as follows: Continental United States: Beet sugar_. Short tons 1,550,000 260,000 The act authorized the Secretary of Agriculture to determine the quantity of sugar consumed in the United States annually and, after deducting the quotas of continental beet and cane above specified, to allocate the balance among the offshore areas on the basis of any 3-year average importation into the United States in the period 1925 to 1933, inclusive. In pursuance of this authority the Secretary of Agriculture announced on June 9, 1934 (General Sugar Quota Regulations, Series 1) the following basic quotas for offshore areas: 1 The Secretary of Agriculture did not approve the agreement, hence it never went into effect. |