World's Sugar Bowl 



with the United States Government 

 fostering her, and irrevocably bound 

 to continue safeguarding her, enjoys 

 a stability which may well be com- 

 pared with the stability, for example, 

 of the State of New Jersey. 



Cuba has always had her soil; she 

 has always had a market for more 

 sugar than she could produce. Yet 

 in her first century of sugar produc- 

 tion she reached a bare million tons 

 of production; while in the seven- 

 teen years since she has been a 

 Republic, in spite of the set-back of 

 a reconstruction period, her produc- 

 tion has jumped to three million tons. 

 * * * * 



The chief problem in sugar growing 

 (as in the manufacture of any com- 

 modity) is the cost of production. 



As to Cuba's cost of production, 



Willett & Gray quoted in 1910 the 



following figures: Cuba sugar, f.o.b. 



Cuba, costs $.0185 per pound or 



[65] 



