39 



/Seventh year. 

 Rxpendable : 



Cultivation of lt)0 hectares, at ?20 per hectare 1*2,000 



Manager's salary and subsistence 3,120 



Overseers' salaries 800 



Handling of 2,000 piculs prior to shipping : 200 



Improvements, additions, etc 200 



Depreciation 400 



Total 6,720 



Income : 



From 100 hectares, full crop. 2,000 piculs, at ?7 per picul 14,000 



Credit balance 7.280 



(;ONCL,USION. 



The future development of the abaeti industry will depend chiefly 

 on the position which this fiber continues to hold in the industrial world. 

 The superior qualities and intrinsic value of abaca are thoroughly well 

 known in all parts of the world. Its only dangerous competitor at the 

 present time is sisal, which is an inferior fiber. 



The opportunities for the extension of the industry are almost un- 

 limited. Improved methods of cultivation will largely increase the 

 production on land already planted, while enormous areas now covered 

 with forest are in every way suitable for abaca. The introduction of 

 fiber-extracting machinery should result not only in a large increase 

 in the quantity of fiber produced, but also in a decided improvement in 

 quality. 



The abacd plantation of the past has been, in general, conducted in 

 anything but a businesslike manner. Antiquated methods, careless 

 management, and waste have been the rule rather than the exception. 

 The planter of the future who, with carefully selected land, good manage- 

 ment, and the intelligent use of modern methods and machinery, aims 

 at the production of a superior fiber at a minimum cost, has every pros- 

 pect of ultimate success. With but little danger from insects or plant 

 diseases, or unfavorable climatic conditions, abaca is eminently a safe 

 crop. Even with the i)resent prices it is one of the most profitable 

 branches of agriculture for the Philippine planter. 



o 



