Publisher's Synopsis
Excerpt from Cuba: Review of Commercial, Industrial and Economic Conditions in 1919
Cuba, which was once described by James G. Blaine as the most valuable piece of agricultural real estate on the globe, has as its greatest value its power of sugar production. Lying at the door of the greatest sugar market of the world - the United States - it has steadily increased its output of sugar from long tons in the sugar year 1902-3 to tons in 1913-14, which immediately preceded the war; tons in 1915-16; then in 1917-18, and an estimate for the crop year 1918-19 is placed at tons.
Thus the actual production has increased over 50% during the war period, and Cuba now produces about 25% of the world's sugar as against an average of about 11% in the decade preceding the war.
While this large increase in sugar production in, Cuba and in the share which she supplies of the world's output is due in part to the fall off in production of beet sugar in the countries recently participating in the war, the indications are that Europe will be slow in return ing to anything like pre-war production, and that there fore the enlarged demands upon Cuba will continue indefinitely. Germany, Russia, and Austria - Hungary were the chief producers of the European beet sugar crop. Russia is so completely disorganized that there seems little prospect of a return in the near future to anything like normal production; austria-hungary has been broken up into half a dozen new political divisions.few, if any of them, having a frontage on tide - water, while the German press is bitterly complaining of the inability to obtain labor, soil foods or capital with which to re-establish the beet production which was reduced about 33% during the war despite all efforts of the Government to maintain this important food supply.
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