Cuba and Her People of To-day: An account of the history and progress of the island previous to its independence; a description of its physical features; a study of its people; and, in particular, an examination of its present political conditions, its industries, natural resources, and prospects; together with information and suggestions designed to aid the prospective investor or settlerForbes-Lindsay, C. H.
History
Cuba and Her People of To-day: An account of the history and progress of the island previous to its independence; a description of its physical features; a study of its people; and, in particular, an examination of its present political conditions, its industries, natural resources, and prospects; together with information and suggestions designed to aid the prospective investor or settler
Forbes-Lindsay, C. H.
Cuba
There is here an excellent opportunity for foreign capital. One or two
such companies as have successfully developed new tracts in our Western
States would find a profitable enterprise in the business of supplying
Cuba’s food demands from the product of Cuban soil. This statement is
made on the assumption that such concerns would avoid the errors into
which several colonization companies, which otherwise had good
prospects, have fallen. No such project should be started, except with
well defined plans, plenty of capital to carry them through, and, above
all, a management familiar with Cuban soils and conditions.
To begin with, the acquisition of one thousand acres of the best arable
land, well situated for the transportation of produce, will require the
investment of one hundred thousand dollars, which would, however, cover
the cost of buildings, water supply, and other necessary permanent
accessories. Each acre would then call for the further investment of
one hundred dollars, which would include all expenses until the first
crop should be secured. The expense of cultivation would average about
fifty dollars an acre, and an average return of one hundred dollars
could be looked for. This estimate of fifty dollars gross profit per
acre will appear excessive, and doubtless most Cuban farmers would call
it ridiculous. Nevertheless, there are directors of experimental
stations in Cuba, who are prepared to demonstrate the feasibility of
accomplishing it with ordinary staple crops, and several experts,
familiar with local conditions, who endorse it. If it is possible to
produce thirty, or even fifteen per cent. net profit from the
cultivation of Cuban farm lands, then the fact is the most striking
evidence of the shortcomings of the present methods of agriculture. Of
course, a large proportion of the estimated results would accrue from
the economies in production which a well-capitalized corporation could
effect by the employment of labor-saving mechanical devices, and the
economies which would naturally arise from shipping in great bulk.
In Hawaii, Mexico, and other tropical countries, the agricultural
development has been
[Illustration: ORANGE TREE.]
effected mainly by large corporations, and in the majority of cases the
enterprises have enjoyed financial success. All things considered, the
prospect for such a project would be unusually good in Cuba. One such
undertaking would be a revelation to the Cubans, and to the world at
large. It would attract additional capital to the same field and
otherwise work such benefit to the country that the Government and the
railroad which would be immediately affected by it might reasonably be
expected to lend substantial aid in its establishment and operation.
Public-domain text, read in full here on John Shaqi.
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