Brazil, the land of rubber : $b At the third international rubber and allied trades exhibition, New York, 1912Brazil. Commissão, Exposição internacioncal de borracha de New York, 1912
History
Brazil, the land of rubber : $b At the third international rubber and allied trades exhibition, New York, 1912
Brazil. Commissão, Exposição internacioncal de borracha de New York, 1912
Rubber -- Exhibitions; Rubber industry and trade -- Brazil
c. Reduction of 30 per cent in the tariffs of the Bragança railway and in
the freights of the line of steamers subventioned by the State, during a
term of twenty years, for planted rubber produced by the Company.
d. Transport free of charge by the Bragança railway and steamers under
the States’ subsidy of all machinery and plant belonging to the Company
and intended for the installation of its establishments; and of whatever
colonists the Company may place in its premises as well as of seeds,
manure plants and cattle.
e. An advance, by way of guaranteed interest, of 5 per cent per annum on
the capital issued by the company holding the concession to the extent of
one-half of the paid up capital.
Special paragraph.—This guarantee, whatsoever be the Company’s capital,
shall not be paid on a sum exceeding £400,000 Sterling over and above
£800,000 Sterling, or its equivalent in paper money.
The advances, by way of guaranteed interest, thus conceded, will be
discontinued once the Company’s profits attain 6 per cent, and on
exceeding 7 per cent the Company will start amortizing the sums loaned by
the State to the extent of 5 per cent on the total sum advanced.
The concession of lands available will be made by way of emphyteusis for
99 years.
The Statutes will have to be approved by the Government, who will name
one of the Company’s Directors and retain certain rights with a view to
the due enforcement of the contract.
Article Second of the Law describes the Company’s obligations, which are
as follows:
First. To plant at least twenty thousand rubber trees per year.
Second. To carry out instructions from the Agriculture Department of the
State in the planting.
Third. To maintain a rural elementary school, with accommodation for the
shelter of at least twenty destitute children, and a field of practical
tuition of mechanical agriculture, experimental cultivation of tropical
plants, experiments in manure, etc.
Fourth. Accessory planting of rice, maize, haricot beans, etc., improving
the quality of same by mechanical means.
Fifth. Furnish accurate yearly statistics of the number of plantations
made, their state and the general production of rubber and other articles.
Sixth. Use on the bags, boxes and other receptacles containing the
goods produced, a trade-mark duly registered at the Board of Trade as
prescribed by law.
Seventh. Allow the Government to control all the work carried out by the
Company in such manner as the Government may think fit.
Complementary to the former, the Law of November 6th concedes prizes and
other favors to the agriculturists of the State, who, by themselves or
associations formed by them, should fulfil the conditions set forth in
same.
Public-domain text, read in full here on John Shaqi.
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