SUGAR AND THE CONSUMER.
At the recent meeting of Tate and Lyle, Sir Ernest William Tate had an excellent report to place before the shareholders. Moreover, his address, which was an exceptionally interesting One, appeals to a much wider body even than that represented by the assembly of shareholders. Sugar is an article of such general consumption that it is good to know that the satisfactory report of Tate and Lyle, with its increased profits, synchronizes with a boon to the consumer. The reduction in the customs duty has, of course, benefited the con- sumer, but he has also, it appears, benefited by the company's Smaller costs of production. In the course of his remarks, Sir Ernest informed the shareholders, and through them the public, that in no important sugar consuming country in the world can refined sugar at the present time be purchased in the shops at a cheaper rate than in the United Kingdom. He stated that during the past year the profits represented considerably less than one-tenth of a penny per lb. on the sugar produced by the company. * * * *
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