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
Sugar and candy 19,941 35,911
Tobacco, manufactured 59,658 61,494
Vegetables 380,802 978,261
Wire 118,214 321,120
Wood, and manufactures of 1,110,946 2,881,095
All other 820,987 701,656
----------- -----------
Total $11,297,198 $23,604,094
[Illustration: SUGAR-CANE SCALES.]
"The Western Railway of Havana, now in English hands, and recently
extended from Havana to Pinar del Rio, in the heart of the finest
tobacco region of the Island, has called largely upon the United
States for its new work. Many hundred feet of iron bridging were
furnished and erected by the Union Bridge Company of New York, the
railway company being satisfied with the price, and their engineer,
as well as the government inspectors, satisfied with the work. The
cement used was also wholly or largely American, the American being
adopted rather than the English, somewhat reluctantly, by their
engineer, on account of the greatly reduced cost. The stone used
for bridge-seats was American granite, and highly praised to me by
the engineer, who, being a Scotchman, was naturally a good judge of
the material. The fact merits attention, in estimating the value of
the Cuban market, that the people are heavy buyers. There is very
little saving practised. I do not think there is a single savings
bank on the Island.... As a rule, all the money received is freely
spent, particularly by the poorer and middle classes, who, of
course, form the bulk of the population. Probably the pernicious
system of government lotteries has something to do with the absence
of saving, as the practice of purchasing tickets is as widespread
among the poor as it is destructive and demoralising. Probably,
too, the character of the climate and the consequent ease of living
prevent people from devoting much forethought to a future that they
do not dread, for there is really very little of that pinching want
ever felt in Cuba which recent hard times have brought to notice in
our own country. Be the cause what it may, the fact remains that
all the Cubans are prodigal in their expenditures, which goes far
to account for the immense quantities of goods consumed and paid
for by a comparatively small population.
"Enough has been said, I think, to show that Cuba offers a most
inviting field for American enterprise. Her prosperity and even her
very existence may be said to depend upon her commercial relations
with the United States; the two are bound together by the strong
ties of mutual interest, and everything points to the fact that,
commercially, Cuba should be ours....
Public-domain text, read in full here on John Shaqi.
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