The History of Cuba, vol. 3Johnson, Willis Fletcher
History
The History of Cuba, vol. 3
Johnson, Willis Fletcher
Cuba -- Economic conditions; Cuba -- History
United States $10,892,335 $8,880,040
Spain 7,088,750 6,780,058
England 6,389,936 7,240,880
France 1,349,683 1,940,535
1848
United States $6,933,538 $8,285,928
Spain 7,088,750 3,927,007
England 4,974,545 1,184,201
Entries and clearings of vessels from Cuba were as follows:
1847 1848
Entries Clearances Entries Clearances
United States 2,012 1722 1733 1611
Spain 819 751 875 747
England 563 489 670 348
France 99 81 85 63
Copper was at this time greatly exported from Cuba. Since its discovery
in 1530 comparatively little had been done until three centuries later.
In 1830 an English company commenced operating the copper mines and from
that time to 1870 had extracted this ore to the value of $50,000,000.
Sugar had long been the greatest source of Cuban wealth. It was always
the sugar planter who had social as well as financial prestige on the
island. Up to the middle of the nineteenth century even the poorest and
smallest of sugar plantations had yielded a profit of $100,000 a year
while the larger and more prosperous ones had cleared even as high as
$200,000 annually. And all this had been accomplished with a minimum of
effort. Vast areas of Cuba at this period were given over to these
plantations. Some estates devoted themselves exclusively to raising the
cane, while others ran mills which ground the cane and prepared the
product for sale as sugar. Particularly with the soil as it was then,
unravished by revolution, with its original fertility unimpaired, it was
rarely necessary to replant the sugar cane. The old sprouts came up year
after year, yielding at least two crops a year without any necessity for
disturbing or enriching the soil. In 1800 Cuba exported 41,000 tons of
sugar; and in 1850 no less than 223,000 tons.
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