The History of Cuba, vol. 5Johnson, Willis Fletcher
History
The History of Cuba, vol. 5
Johnson, Willis Fletcher
Cuba -- Economic conditions; Cuba -- History
The Rionda Properties are seven in number, comprising five estates which
are in effect the personal property of Don Manuel Rionda, his relatives
and family associates, and two others in which he is the controlling
factor. All of these properties are operated as separate and independent
units, or as individual or one-man enterprises, in the development and
supervision of which few have equaled and none have been more successful
than Mr. Rionda. Part of this success has been due to the fact that
during the creative period these independent properties have been as a
rule under the management of members of his own family, prominent among
whom were two nephews, Don Leandro J. Rionda and Don José B. Rionda,
both capable men, who grew up with the properties they came to
administer, thus acquiring that close personal touch with employees and
conditions which is so desirable an asset, but which is unfortunately
lost to the larger enterprises, and who rendered to their uncle, Don
Manuel, the loyalty he had inspired in them and so richly deserved at
their hands. In such circumstances it is not to be wondered at that
success of a high order has attended their co-operative efforts. Mr.
Rionda has no children of his own and it is probably for this reason
that so close an affection and so intimate business relations exist
between him and his two nephews and the fine sugar producing properties
they have developed under his auspices.
The United Fruit Company entered the sugar business through an accident;
and yet it is the only company that combines all the essentials for
producing, transporting and refining sugar. Shortly after the conclusion
of the Spanish-American War, the Company acquired the Banes property,
and also a large tract of land on the Bahia de Nipé, now known as the
Nipé Bay property, upon both of which bananas were planted on an
extensive scale. But it was soon discovered that atmospheric conditions
in that part of Cuba were unfavorable to the successful production of
bananas. Therefore in order to utilize the lands which it had acquired
the Company planted them with cane and began the production of sugar; it
was of course already a transportation company; and now it has built a
refinery in Boston, to which its raw sugar is shipped from Cuba on its
own steamers, and there refined; thus completing the cycle of operations
from planting the cane to marketing the product. No other sugar
producing enterprise has ever gone into the business upon such
comprehensive lines. Such however are the lines upon which everything
undertaken by Andrew W. Preston and Minor C. Keith, the directing
geniuses of that company, is planned and projected; which largely
accounts for the enviable success that has always crowned their efforts.
Public-domain text, read in full here on John Shaqi.
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