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
In order to encourage the mining of this ore, the Crown of Spain issued,
on the 17th of April, 1883, a royal decree to the following effect: That
for a period of twenty years from that date, the mining companies should
be free from all tax on the surface area of all claims of iron or
combustibles; that ores of all classes should be free from all export
taxes; that coal brought in by mining companies for use in their work
should be free from all import taxes; that combustibles and iron ore
should be exempted from the three per cent. tax on raw materials; that
mining and metallurgical companies should be free from all other
impost; that for a period of five years the mining companies should be
exempt from the payment of duties on all machinery or materials required
for working and transporting the ore; that vessels entering in ballast
and sailing with ore should pay a duty of five cents per ton navigation
dues, and that vessels entering with cargo destined for the mining
companies should pay $1.30 per ton navigation and port dues on all such
cargo, and on the remainder of the cargo as per general tariff.
Under this charter the Juragua Iron Company, Limited, opened mines in
Firmeza, laid a railroad twenty miles long from that point to La Cruz in
Santiago Bay, where fine docks and piers were built, and, in 1884,
shipped the first cargo of iron ore from Cuba. The company has a fine
fleet of iron steamers. The mines of this company were extensively and
successfully worked, and, encouraged by this, the Spanish-American
Company and the Sigua Company purchased mines to the east of the Juragua
properties and at once began the work of developing them.
The Spanish-American Iron Company, incorporated under the laws of West
Virginia, and owned entirely by American citizens, built four miles of
standard-gauge railroad from its mines to Daiquiri Bay, about sixteen
miles east of the harbour of Santiago de Cuba. Here the company
constructed a steel ore-dock of 3000 tons capacity, a landing-pier,
buoys, moorings, and other harbour improvements at a cost of $500,000.
The work of preparing this harbour delayed the opening of the mines for
shipment, and it was not until May, 1895, that the first cargo was
cleared.
The Sigua Iron Company built a standard-gauge road nine miles long from
its mines to Sigua Bay, and there constructed a breakwater and a wooden
ore-dock. This company during the first two years of operation shipped
21,853 tons. Later, the mines were closed, and during the war between
Spain and the Cubans the dock, roundhouse, locomotives, and buildings of
the company at Sigua Bay were entirely destroyed in the course of an
engagement between the Spanish and the Cuban forces.
Public-domain text, read in full here on John Shaqi.
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