CULTIVATION OF THE BEET. 51 



certainly raise their own beets at three dollars per ton, 

 and probably at considerably less. 



In fact, there can be no doubt that the estimated ex 

 penses are placed sufficiently high, being at the rate 

 of 4 T 9 (j cents per pound of sugar, or i T 8 <y cents higher 

 than in the French manufactory, which it is proposed 

 to copy ; while excluding the item of labor, the balance 

 of expenses would be less here than in France. The 

 actual expenses for labor in the French manufactory 

 are less than one half a cent per pound, and I T 8 ^ 

 cents per pound has been allowed as the excess of cost 

 here over that in France. 



I present below a table showing the estimated 

 result, with the yield of sugar as great as in the French 

 establishment, namely, eight per cent., provided it 

 were sold at its present market value, say twelve and 

 a half cents per pound, and the molasses at twenty-five 

 dollars per ton, or ten cents per gallon, which is less 

 than half its actual value for distillation. 



1,920 tons of sugar at 12^ cents per pound, $537,600 



720 " " molasses at $25 per ton, . . 18,000 



4,800 " " pulp at $2 " " . . 9,600 



$565,200 

 Less expenses, 194,500 



Profit (equal to 123 per cent on capital), . $370,700 

 Or, deducting taxes and internal revenue, . 16,000 



118 percent, $354,700 



By the poorest methods prevailing in Europe six 



