The Preferred Position of Cuban Sugar 



Cuban sugar, holds a preferred position in the United States market. 

 Over the past ten years, Cuba has supplied an average of nearly 50% of 

 our annual consumption requirements. The average percentages of our an- 

 nual consumption supplied by Cuban, domestic, and insular producers in the 

 pre-war period 1911-13 and the post-war period 1919-21 have been as follows: 



Periods 



1911-13 

 1919-21 



Domestic 



22.7% 

 22.7% 



Insular 



26.1% 

 22.0% 



Cuban 



47.6% 

 49.5% 



It is apparent that even aside from political considerations arising out of 

 our relationship to Cuba, the American public has a very vital interest in the 

 financing of Cuba's major industry. Indeed a large part of the splendid 

 expansion of the Cuban industry has been due to the skill and enterprise 

 of American capital. Why Cuba has become the world's foremost low cost 

 producer and why the Cuban sugar industry offers excellent opportunity for 

 sound and conservative investment will be more apparent in the subsequent 

 paragraphs which discuss briefly the more salient features of the industry. 



Total United States Sugar Consumption and Amount Supplied by Cuba 



4,500,000 

 4,000,000 



3,500,000 

 (/> 



| 3,000,000 



g 2,500,000 



~" 2,000,000 



1,500,000 



1,000,000 



500,000 



1910 1911 1912 1913 1914 1915 1916 1917 1918 1919 1920 1921 



YEAR 



16 



