. The Cuba review. 34 THE CUBA REVIEW STORING SUGAR SAFEST WAY iEditorial in titc Louisiana Planter) We have repeatedly stated the safest way is to hold the sugars and the proper way is to hold them in warehouses on the plan- tation, the warehouses perhaps somewhat detached say a hundred feet away from the sugar factory. Sugars in such a position can be financed very readily. The ware- housing under these conditions with mod- ern devices for handling such as portable elevators and hanging railways and other labor-saving devices will cut the labor ex- penses down to a minimum and the feeling of
. The Cuba review. 34 THE CUBA REVIEW STORING SUGAR SAFEST WAY iEditorial in titc Louisiana Planter) We have repeatedly stated the safest way is to hold the sugars and the proper way is to hold them in warehouses on the plan- tation, the warehouses perhaps somewhat detached say a hundred feet away from the sugar factory. Sugars in such a position can be financed very readily. The ware- housing under these conditions with mod- ern devices for handling such as portable elevators and hanging railways and other labor-saving devices will cut the labor ex- penses down to a minimum and the feeling of independence engendered in the owners will make them hang on to their sugars until they can get satisfactory prices. We trust that our friends in the Cul)an Agrarian League will not forget that they should endeavor to establish a future mar- ket for sugars in Cuba. In Hamburg and in London sugars are sold in that way every day in the year and the-gradually increasing price of sugar ^ month after month represents the cOst of storing, of in- surance and of interest on the, money in- vested in the sugar. In this way the world's' value can be secured for. the Cuban sugar crop and so far as we can judge the true, proper and world's value for sugars cannot be secured in any other way than by some one of these safe methods that have thus far been suggested by us. Another method is suggested by the Agrarian League in Cuba which is to have the sugars sold by a single agency. Where there are such a number of parties interested in sugar manu- facture as in Cuba with varying judgment as to the expediency of selling and with varying necessities for closing out their sugars, such a selling agency, while pos- sible, would not seem very likely of accom- plishment. We notice that even the Xew York combination, that generally agrees upon a definite price, does not have a single selling agency. The single selling agency has some of the odium attaching to it that has the single buying agency. If
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