Industrial Cuba: Being a Study of Present Commercial and Industrial Conditions, with Suggestions as to the Opportunities Presented in the Island for American Capital, Enterprise, and LabourPorter, Robert P. (Robert Percival)
History
Industrial Cuba: Being a Study of Present Commercial and Industrial Conditions, with Suggestions as to the Opportunities Presented in the Island for American Capital, Enterprise, and Labour
Porter, Robert P. (Robert Percival)
Cuba -- Description and travel; Cuba -- Economic conditions
The present volume touches on all these topics, and endeavours to give
the reader a clear and practical idea of the present industrial
condition of Cuba. The present chapter aims to present in a concise form
a few of the more important problems which the United States Government
was called upon to face January 1, 1899, and with which it may have to
grapple during the first years of the new century. No attempt is made to
forecast the manner of their settlement. It is not, as a rule, wise to
worry about how we are to cross a bridge until we get to it. Many Cuban
economic problems which at a distance seem to be complicated, will
simplify as we come within close range. Once the United States military
authorities are in possession, ways and means will suggest themselves to
overcome obstacles which now seem almost insurmountable. The most urgent
needs of the Island, when it was turned over to our Government, were
those briefly discussed in this review of the economic conditions of
Cuba.
First among these needs of the Island was a tariff that should bear
lightest in directions where the people could least afford the burden of
taxation, and heaviest on commodities which the well-to-do and those
engaged in large enterprises required. The Spanish tariff was made by
Spaniards, for Spain, in the interests of the Spanish. That seems to be
the actuating principle of it. On any other theory it was inexplicable.
In adopting, July, 1898, for an exigency measure, the rates of duty
which Spain levied for her own commodities, the United States acted
wisely. These rates, however, were full of inequalities, and were not
levied on any sound principle, but on the "heads, Spain wins; tails,
Cuba loses" idea which prevailed in the whole fiscal fabric. It was
found that the only way to remedy these inequalities, equalise the rates
of duties, improve the administration, and reduce the rates of duties on
all articles of general consumption, was to frame a practically new
tariff. This was done, and the new tariff now in force will undoubtedly
do its share in the industrial reconstruction of Cuba. In this tariff it
was not thought advisable to make radical changes in the administrative
branches, nor to change weights and measures into United States
equivalents, because the people of Cuba are accustomed to the metric
system. As a rule, all duties in Cuba are levied by the kilo and hundred
kilos. United States currency, however, was substituted for the Spanish
_pesos_. This will simplify collection of taxes, as customs duties were
collected by Spain in three different classes of currency: gold, silver,
and bank notes, all (for the gold coins used in Cuba have fictitious
values) fluctuating in value.
Public-domain text, read in full here on John Shaqi.
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