The History of Cuba, vol. 5Johnson, Willis Fletcher
History
The History of Cuba, vol. 5
Johnson, Willis Fletcher
Cuba -- Economic conditions; Cuba -- History
No account of the sugar industry of Cuba would be complete which failed
to make special mention of some of the most notable enterprises now
existing in that Island; or of the men mainly responsible for their
inception and development. Taking them in the order of their productive
capacity, the following list covers the most important of such
properties:
_Mills_ _Bags_ _Percentage_
_Controlled_ _Produced_ _of Crops_
Cuba Cane Sugar Corp 17 4,319,189 15.59
Cuban-American Sugar Co 6 1,938,368 7.00
Rionda Properties 7 1,856,563 6.60
United Fruit Co 2 776,045 2.80
Atkins Properties 4 736,043 2.66
Poté Rodriguez Properties 2 625,054 2.29
West Indies Sugar Finance Corp 3 619,204 2.23
Gomez-Mena Properties 2 605,000 2.19
Cuba Company Properties 2 587,800 2.12
Mendoza-Cunagua Property 1 452,583 1.64
The Cuba Cane Sugar Corporation was organized in 1915, to acquire and
operate eighteen sugar properties upon which options had been obtained
by Don Manuel Rionda, head of the long established sugar brokerage firm
called the Czarnikow-Rionda Company, of New York City; who, though for
many years a resident of the United States, still clings to his Spanish
citizenship. Shortly after the organization of the corporation another
large sugar property, including a railroad leading to a port on the
Caribbean Sea, was acquired; but soon thereafter one of the original
properties purchased was sold and another was dismantled, so that
seventeen is the actual number now owned and operated by the
corporation. Mr. Rionda deserved and received great credit for having
negotiated, organized and launched the Cuba Cane Sugar Corporation, as
and when he did; and the great success which almost immediately attended
its consummation brought him great prestige and made him at once a
dominant factor in and authority upon matters relating to sugar. It is
immaterial that the eminence achieved was due largely, if not entirely,
to the successive rises in the price of sugar, which applied especially
to the crops of 1916, 1917 and 1919; for nothing succeeds like success.
Public-domain text, read in full here on John Shaqi.
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