784 TRANSACTIONS OF THE AMERICAN INSTITUTE. 



panying table as an iudication, on the one hand, of a result that is 

 possible to be realized, and also, on the other, of a result that in 

 the present state of the art is certain to be at least equalled. 



In this table sugar is credited at ten cents a pound, molasses at 

 ten cents per gallon, and pulp at two dollars per ton. Expenses 

 are reckoned as in the preceding table on page 782. 



Table showing the products of sugar from 24,000 tons of beets, 

 yielding six, seven, eight, and nine per cent., with the amount 

 and percentage of profit on a capital of .$300,000. Taxes and 

 internal revenue not deducted. 



Yield per cent. 



6 



7 

 8 

 9 



In my estimates I have discussed fully the probable cost of 

 manufacturing beet-root sugar, and have arrived at the conclusion 

 that under no circumstances, with a yield of seven per cent, of 

 sugar, can the cost exceed live and a quarter cents per pound. 

 My belief is that it would be less, say four and three-quarter cents 

 at the outside. But if it cost five and a quarter cents, and sold at 

 ten, there would still be a profit of ninety per cent. 



After making all allowance for contingencies that I can imagine 

 as possible to arise, I have not the slightest doubt that there can 

 be realized on the manufacture a profit of at least eighty per cent, 

 on the capital invested. 



In a conversation with a French gentleman, a manufacturer of 

 sugar machinery for all parts of the world, and who is also largely 

 interested (and with most favorable results), in the manufacture 

 not only of cane sugar in Martinique, but also of beet sugar in 

 France, in Germany, in Poland, and in Russia, he gave it as his 

 opinion, that the beet was destined to become the great sugar- 

 producing vegetable of the world, for the reason that it can be 

 cultivated in the temperate latitudes, in countries of dense popu- 

 lation, and consequently in close proximity to the consumers of 

 sugar. In his judgment sugar can be produced from it as cheaply 

 in Europe or in the United States as it can be from cane in the 

 West Indies or Brazil. And even if that position were not tena- 

 ble, the expenses of transportation are so great as to render it 

 absolutely certain that sugar produced from the cane cannot com- 



