Northern California, Oregon, and the Sandwich Islands by Charles Nordhoff
page 64 of 346 (18%)
page 64 of 346 (18%)
![]() | ![]() |
|
it is taken in launches to the schooners which carry it to Honolulu, where
it is stored, coopered, and finally reshipped to its market. Many landings are made through the surf, and I remember one which, last spring, was unapproachable by vessel or boat for nearly four weeks. Each sugar planter has, therefore, problems of his own to solve. He can not pattern on his neighbors. He can not base his estimate on theirs. He can not be certain even, until he has tried, which of the ten or a dozen varieties of cane will do best on his soil. He must look out for wood, which is by no means abundant, and is often costly to bring down from the mountain; he must look out for his landing; must see that taro grows near at hand; must secure pasture for his draught cattle: in short, he must consider carefully and independently many different questions before he can be even reasonably sure of success. And if, with all this uncertainty, he embarks with insufficient capital, and must pay one per cent. a month interest, and turn his crop over to an agent in Honolulu, who is his creditor, and who charges him five per cent. for handling it, it will not be wonderful to any business man if he fails to grow rich, or if even he by-and-by becomes bankrupt. Many have failed. Of thirty-four plantations, the number worked in all the islands at this time, only six or seven are in the hands of their founders. Some, which cost one hundred thousand dollars, were sold by the sheriff for fifteen or eighteen thousand; some, which cost a quarter of a million, were sold for less than a hundred thousand. If you speak with the planters, they will tell you that their great difficulty is to get a favorable market; that the duty on their sugar imported into San Francisco eats up their profits; and that the only cure--the cure-all, I should say, for all the ills they suffer--is a treaty with the United States, which shall admit their product duty free. |
|