26 



THE CUBA REVIEW 



3. Revenue, Public Debt. Sugar Production 



^Budget laws of 1914-15, 1917-18, 1918-19 and 1922-23, and budget Estimates for the remain- 

 ing years in which no budget law was passed. 



^Figures of Cuban Treasury Department, except for 1921-22, which are approximate. 



(a) Including $300,000 for the payment of the interest on the loan of 1922, (b) Per cent of bud- 

 get estimate, (c) On June 30, 1915, (d) On April 30, 1917, (e) On July 14, 1921, (f) On July 31, 1922. 



Production and Stocks of Tobacco 



The estimated production of tobacco for 

 1922 shows quite a decrease as compared 

 with 1921, according to a cable received 

 from Consul General Carlton B. Hurst at 

 Habana, Cuba. The production for 1922 

 for all districts is estimated to be 304,000 

 bales, though in 1921 the total production 

 was approximately 355,000 bales. 



The estimated production for 1922 by 

 districts is as follows: Partido, 38,000 

 bales; Semi-Vuelta, 10,000 bales; Vuelta 

 Abajo, 100,000 bales; Matanzas and Ori- 

 ente, 6,000 bales, and Santa Clara, 150,000 

 bales, as compared with the approximate 

 production in 1921 of 50,000 bales in the 

 Partidos; 15,000 bales in the Semi-Vuelta; 

 10,000 bales in the Matanzas and Oriente; 

 120,000 bales in the Vuelta Abajo, and 

 160,000 bales in the Santa Clara districts. 



The 1921 and 1922 crops were 50 per 

 cent, and 57 per cent, respectively, below 

 the 1920 crop, which consisted of approxi- 

 mately 700,000 bales. 



At the present time there is an estimated 

 stock in Cuba of about 300,000 bales, as 

 compared with approximately 450,000 bales 

 at the same period last year, which in- 

 cluded 115,000 bales of the 1920 crop. 



Manufacture of Shoes in Cuba 



There are 10 manufacturers of shoes in 

 Matanzas that use machinery and 14 small 

 shops engaged in making a cheap grade of 

 men's shoes by hand. The leather and all 

 materials necessary in the manufacture are 

 imported from the United States. In 

 order to advance the sale of the local 

 product, the Cuban manufacturer orders 

 from American factories lasts of the cur- 

 rent styles of shoes in vogue in the United 

 States and places the completed article on 

 the market under English names similar 

 to those of well-known American brands - 

 Usually the purchaser is under the impres- 

 sion that he is getting American-made 

 shoes, instead of an inferior grade at the 

 same price. 



Petroleum Products 



In September the only imports of pe- 

 troleum products into the Isle of Pines 

 were 2.350 gallons of lubricating oil from 

 the United States. The decrease in im- 

 portations is due to the fact that goods 

 required can be purchased out of stocks in 

 Habana at a lower price than if imported 

 direct. 



