THE IRRIGA TIOX A GE. 



397 



surrounding the successful production of 

 said crops. During this period my field 

 of operations extended over the State of 

 Michigan, through the entire length of 

 the State of Kansas, the Territories of 

 Arizona and New Mexico and the State of 

 California. I mention this wide scope of 

 country in order that you may appreciate 

 the opportunities I have had for making 

 not only a careful study, but an honest 

 comparison, which is important in arriving 

 at comparative conclusions. 



"I have no hesitation in stating that I 

 believe the Pecos Valley of New Mexico 

 possesses attractions to the beet-sugar in- 

 terests to a far greater degree than any 

 other portion of the United States I have 

 ever seen. I know of no other locality 



where the industry can be extenled to so 

 great a magnitude, or where the actual re- 

 sults show so high a percentage of sugar 

 in the beets. 



"I can conservatively say that the in- 

 trinsic value of such land with a large 

 sugar factory centrally located is not less 

 than 100 per acre. I have sold thousands 

 of acres in California to beet- growers for 

 an average of $187.50 per acie, intrinsi- 

 cally not as valuable. From less than 

 6000 acres owned by the Ranch Company, 

 at Chino, Cal., while I was general man- 

 ager, we received over $60. 000 annually in 

 rentals. Under the same intelfigent cul- 

 ture the Pecos Valley beet lands will pay 

 equally well." 



INiEKlOK VIEW OF BEET SUGAR FACTORY AT CARLSBAD. X. M. 



