[Northern California, Oregon, and the Sandwich Islands by Charles Nordhoff]@TWC D-Link bookNorthern California, Oregon, and the Sandwich Islands CHAPTER III 18/27
But this is not done, partly because so many planters are in need of money, which they borrow in Honolulu, with the understanding that they will submit their produce to the management of agents there. Again, the planters err, I think, in not giving personal study to the question of a market for their sugar.
They leave this to the agents to manage.
No doubt these gentlemen are competent; but it is easy to see that their interests may be somewhat different from those of the planter.
For instance, some years ago an arrangement was offered by the San Francisco sugar refineries by which these agreed to take two-thirds of the product of the plantations in crude sugar, to furnish bags to contain this product, and to pay cash for it in Honolulu.
Under this system the planter was saved the heavy expense of sugar kegs, and the cost of two agencies of five per cent.
<<Back Index Next>> D-Link book Top TWC mobile books
|