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
Santiago Province should be a profitable producing country for bananas.
It is good for the poorer classes to undertake the cultivation of this
fruit. The banana takes only fourteen months to grow and therefore,
unlike coffee and oranges, the cultivator does not have to wait several
years for the crop. All the capital in this business can be turned
quickly, and the banana can be planted near the hut of the small planter
and attended easily. Banes, Sigua, and Baracoa are good ports to export
them from. The Dumois family invested considerably in the business and
used to ship to the United States. This business is soon to be revived
on a much larger scale. The extension of good roads would largely
increase the possibilities of this industry in many parts of Santiago
Province. With quick transportation the market for bananas is rapidly
extending to Europe, while the United States market is only partially
supplied with this fruit and with oranges.
The internal, industrial, professional, licensing, and other
miscellaneous taxes have so far been remitted in this part of Cuba, but
the military authorities are now preparing to enforce them. In this
connection the author suggests that, now the customs tariff has been
disposed of,[8] an immediate scheme be prepared for levying and
collecting internal revenue taxes for the entire Island. The question of
separating these taxes from purely municipal taxes should also be
considered at the earliest possible moment, in order that no revenue
shall be lost.
Public-domain text, read in full here on John Shaqi.
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