52 F licit Farming for Profit in California. 



sugar factory for this place if possible, and are using 

 their best endeavours to further that end. The plan 

 they suggest is to form a joint stock company with 

 capital sufficient to start the enterprise ; also a beet 

 producers' company. The capital stock company to re- 

 ceive a fair rate of interest, and the producers' company 

 to receive a reasonable compensation for their beet pro- 

 duction. The profits, if any, from the enterprise to be 

 divided between the capital invested and the producers. 

 The object of the projectors is to start the enterprise 

 as cheaply as possible, and build up as prosperity and 

 success demand. The idea is a good one, and practicable 

 on its face, and all it wants is push. 



