144 Transactions. — MisceUaneoni. 



With me . . . . . . . . 6 per cent. 



Betterave jaune sarrazin . . . . 6^ per cent. 



With me . . . . . . . . 7 per cent. 



Magdebourg ,. .. .. 11^- per cent, sugar in Germany. 



With me . . . . . . . . 13-J- per cent. 



Imperial . . . . . . • • 13^ per cent, in Germany. 



With me . . . . . . . . 15J per cent. 



One of the best Eussian varieties. 15J per cent, in Northern Eussia. 



With me . . . . . . . . 16 per cent. 



A variety from Austria .. ..15 per cent, in Austria. 



With me . . . . . . . . 16^ per cent. 



These figures coming out as the result of cultivating some of the best 

 varieties to yield sugar in other countries, proved to me that the beetroot 

 would, in this country, yield a large, or larger, proportion of sugar ; and as 

 the quantity per acre was as much as that in other countries, and in some 

 experiments greater, I saw that it only required a manufactory to be estab- 

 lished here to enable that root to be grown, and sugar made, at a profit to 

 all concerned ; and even while there was no manufactory of sugar the beet- 

 roots fed to cattle, pigs, etc., quickly fattened them as soon as they were 

 taught to eat this new kind of food. But, as labour is so expensive here, 

 the beetroot will not be largely cultivated until a manufactory is established 

 to work up the beetroot into sugar. But directly this is done the profit 

 will be so manifest that this industry will rapidly increase. 



It therefore becomes a question of how much money would be required 

 to inaugurate this industry by establishing a factory here. I have no doubt 

 that capitalists in other countries would be induced to establish a factory 

 here, if they were made acquainted with the fact that we are every year 

 spending such large sums for our sugar imported into this colony. But 

 the Government of the colony could so guarantee this investment of capital 

 that this sugar manufactory could be at once inaugurated. 



But even if a company is formed, and the directory and other prelimi- 

 naries established here, and a portion of the capital subscribed for it, the 

 remainder would rapidly be taken up in the other countries of Europe, as 

 they know that over 20 per cent, of profit can be easily made if this business 

 is properly gone about ; but it will depend upon this, and the promoters 

 will have to take care that they arrange this factory and plant upon the best 

 German and French models, and have a thoroughly competent manager, 

 fully instructed hands of the several processes engaged to carry on the 

 work, or, instead of being a certain success and profit, it will be a certain 

 failure. Also the central factory should be in such a well-chosen situation 

 that it will easily obtam its water, fuel, and supply of beetroots from the 

 neighbouring farmers ; although this can be arranged to a certain extent 

 by having local establishments, where the beets can be received from the 



