[Enclosure].
The fact of sugar luling at abnormally low price- in the markets of the world h.irletciied people from -aymg, or even think imr, much iibimt tlio beet -ugai mdustij lately, livit to allow the nutter to hluiiibci too lonff 01 ton -onndly would be unwise Low a- the pi icj of sugar i«, and ha- been for fioino tune, then 111 1- no icason to-uppo-e that the vast boot enteiprisp of Km ope hat-, e\ en in the penods of greatest depression, been wmked unprohtably. Of course, it may bo haul tint the mdu-tiy is ke t.ilne on the Continent mainly by two conditionby giving to thopioducei the advantage of protective dutie- on uiipoitedcanexiig.il, and at the -arne tune stimulating the exportation -)f beet sugar by bounties.^ Some Urge lupjar-rchnei te- in the United Kingdom li.ue, indeed, already ceased opeiations, and it is pointed out that if the depletion .goe- on much further England will be at the meicy of Continental lehnei-, who will have a monopoly ot the muket, and, having the whip hand, w ill be able in course of tune to extoit monopoly puce-. Le.uiug this aside, as a thing that does not imtnedutely concern the Austiahan colonie-, thu only mattiM to ba determined is whether bt et -ugar cm be made piotitably in tinput of the v.oild or not. Again-t th« Con tinent il example it mty be urged th it the lwei wage- fm labom theie ruling would -iilhLe to up-tt om cilculations of probable ptotit. In tin-, as in many other tlm.g-, attention may wi-elv be tinned to Calif 01nu, wlieie beet-sugar-makmg thrive- exceedingly. The rise and progte-& of the m-du-try is detailed in State papers ii-ucd by the Depaitment of Agricultuie at Waslimgton, and leoeived by the last Californian m ul. Occi-ional effoits have been made fioin tm.o to time in vaiious p.n t-. of the United States, some successful and sotn • failmes; but as in all c.use-, e\en of fulure, the product- could be j.iohtibly used for .stock piupo-c-, and in no lu-tmce wi- the 10--> -cnou-. In oidei to -tiniul it< exeition the Government, m I^2, under speeihc condition", olfeied two pieiniuu.- of 1200 dollars each for the be-t le-ult in Wet- u,'.ir making. The ennpetition was busk ; but in tho inean-timet'.-e nidu-tiy was being tiimly e-tab-li-hed in California, ute-pectne of the piennuni-. Theie, a- every.vheie d-e, the early attempt- did not succeed. The hi-t manufactory wa- organi-ed at AUaiado, in IMW, when the C difoim.m JJeet Sugar Com|)any was started, with a capital of 2"50,OOOdol. Afto.' sumving four y al-,a 1 -, tlnoiigh the incompctency of the teUmu.il 1 management it pio\ed a linanual fail me. One ot the dm-ct'ii- of the company, how ever, Mi K. H. Dwyer, -till had faith in the bu-me-s, bibeving tint, with good management, it could be unde to pay. Ho found it veiy dimeult, howevei, in face of the pieviou- failuie, to induce uipitali-t- to in\e-t .i sutlkuMit amount to give the businc— anotlier tnal, and it was not until 1.570 that the Stan dard Kvigai Manufacturing Company waestibhahfd. It was finally fauly launched with a capital of IOO.OOOJoI. It was -oon a-ceitained that mote capital was needed, and the coinpvny was reincoipoiated with a cnpita.l of 200,000 do!. Tim company lias made a Micce->.s of the bu-incn-j fioin the, stilt. L.iit yeai it declaied a dividend of 33 per cent, on the capit il mve-ted, and now i-ju-t coniniencing on it- tout Mi yeai, with very flattering pio-pects. The fac'.niyhis been enlaiged and nnpioved until it now his a capacity of 100 ton- a day, and emplojs at the factoiy l'2~> men. to say nothing of thegieit amount of laboiu nece-.-saiy to produce the beet, harvest them, and haul them to the factory. Theie .ue fieciuently line" of team-, fiom a qu utorof a mile in length, all heavily laden with beet, pu-hing along in line to reaeli the company's -cales and deliver their load-. It is a scene of activity. I'ioin fifteen to twenty thousand tons of beet aie n-ed j'early, icquiring for their pioduction 1000 to loOOacies of laud. The company di-but-es among its woikmen, and the fmneis neaily 150,000d0l- a y.-.ir. They tin n out each year one and a half million pmnid- of pme white -u?.ir. Wlutever can be done in boet cultivation oi beet-snsrai-making in California can ceitainly be done in these colonies, soil and clin ate are at least equally .suitable, l.iboui is dealer theio than here, while on the Alvarado lands, where the beet is grown, the funnel- pay 20do!s a year per acio for lent. Is tlieie an\ thing more to be said? We all know that attempts have been made hero to establish the industry, and that they did not -ucceed. California, had a siniilai ejcpeuence, but theie they ti led again, and -ucce— ci owned theeffoit.
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Waikato Times, Volume XXV, Issue 2088, 24 November 1885, Page 2
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814[Enclosure]. Waikato Times, Volume XXV, Issue 2088, 24 November 1885, Page 2
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