The History of Cuba, vol. 2Johnson, Willis Fletcher
History
The History of Cuba, vol. 2
Johnson, Willis Fletcher
Cuba -- Economic conditions; Cuba -- History
The changes brought on by gradual cultivation of unimproved lands on the
other hand enriched the owners of such lands quite out of proportion to
their original value. When pastures were converted into farm plots, the
price was augmented. A hato contained more than sixteen hundred
caballerias at thirty-three acres per caballeria. The corral contained
more than four hundred. The caballeria pasture land cost from ten to
twenty-five pesos; as soon as it was cultivated, its lowest price was
three hundred pesos. Thus a hato, worth at most forty thousand pesos,
was in its new state worth more than four hundred and eighty-four
thousand. Likewise a corral, originally valued at most at ten thousand
pesos, rose in price to one hundred and twenty thousand. The same was
true of building lots. A caballeria in the suburbs, divided into
_solares_, house plots, could sometimes bring eighty-five thousand
pesos. A caballeria to the southwest of Havana was worth three thousand
pesos, one in the neighborhood of Matanzas only five hundred. The
extraordinary wealth of certain convents, frequently commented upon by
economists and historians, was due to the gradual and enormous increase
in the price of the land which had originally been given to them. From
these early grants and concessions were derived the privileges which
some private properties and some convents enjoyed; they had for instance
the right to forbid the building in their neighborhood of houses beyond
a certain height, a precious privilege in a city where the circulation
of air had not been overencouraged.
M. Masse comments at length upon these conditions in his book on Havana.
He says:
"The immense fortunes of certain Havana families are thus explained. The
sobriety of the Spaniards, the very limited taste and luxury found in
their residences and their furnishings, a commercial management which
favored agricultural products, would have ended in concentrating in a
few hands fortunes rivalling those of kings, had not libertinism, the
rage of lawsuits and the passion for gambling produced that
instability, which some moralists would have liked to secure by other
means, though these were not easily found."
Public-domain text, read in full here on John Shaqi.
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