, 1876-10-28

SiOnOnb WuUS uhlAud dppodI htuVllS thO0O VI
the prospectus, namely Count Frijs and Baron
Rosen0rn. Lehn, together with some others
we'll known in commercial life, had agreed to
take the matter 10 hands, that parties, espe-
cially landed proprietors, could be encouraged
to give support to the plan. But even then it
was impossible to carry out the original plan
the whole amount of 2 millions KroneS requir-
ed to be subscribed, could not be obtained.
Now, when the plan could not be carried out
to its full extent, the question was, what
should be given up should we take the East
ern or the Western part of the island 1t
had always been his wish and endeavour that
the whole Island should be included in the plan
al once; therefore, it was q great drawback to
have to be satisfied with such a small amount
of capital, that the plan could only be carried
out in part and only with great difficulties to
meet those difficulties which certainly will ap.
pear afterwards in different shapes, it is neces.
sary, not only to hope and pray for good crops
ito enable the Island itself to overcome them,
but it Is also necessary that every man must
do his utmost to support the matter. When
the question arose of leaving either the Eastern
or the Western part of the Island out of the
scheme, be could not long be in doubt, from
the following reasons. II was from the COM
mencement intended to erect / Central Facto-
~ near each Of the two towns in the Island
this plan had to be reIinquished, because here
was a great number Of estates between Kings
hill and Westend which had not agreed to de-
liver canes to the Factory in that quarter
consequently a sufficient supply of canes was
not secured in the Westend Of the island to
allow of the establishment of a Factory of its
own. The plan next adopted was with the 1
Millions KrOnes expected to be obtained, to
build / Factory near Ohristiansted and 9 juice
Stations, some Of them as far Westward as to
allow Of the estates near W9Stend that bad
agreed TO deliver canes, being included, with
a main pipe through the whole island. One
reason for giving up the Western part Of the
Island was, then, the want Of sufficient cane.
supply another reason was, that it would
always be a drawback that Frederks'ed
should Lot get a Factory of its own, and it was
therefore considered best not to do anything
at present, but to leave TO the future the GER
tain chance which the success of q Factory in
Ohristiansted would create for a similar
establishment In Frederiksted 4 third reason
was, that the Eastern part Of the Is.
land is now in such a position, that support is
urgently necessary, in order to preserve the
sugar-oultivtion not only of this part but Of
the whole island. 1t was therefore considered
most proper, 10 carrying out the limited plan
TO commence with the Eastern paft Of the
Island.
It will be remembered, that on several COCA.
sions be had spoken of Mr.. Tietgen in oonneo-
tion with this matter. Mr.. Tietgen, however,
as little as any other financial man, could at
the time raise the money required for the
plan in the usual manner he would have to
wait until a better spirit came in the money
markets of Europe but we could not wait
wa had therefore 30 much more reason to be
satisfied that the reduced capital had been
raised through the support of the before men
toned gentlemen and at the same time to
preserve the extraordinary abilities of Mr..
Tietgen for the plan, as an active member
Of the board of the Campany's administration
in Copenhagen. lie will certainly do his best
for US. The Governor could not, in this con.
~nection, omit mentioning Mr. Hagemann heis
well known to be very greatly interested in
the plan, and very Jealous and perssvering
IN his endeavours he is the technical Mem
Der of the Administration in Copenhagen and
az such Is now engaged experimenting the
building of the machinery, which has been com.
menced be will be busily occupied for some
time, and will not be able to come out before
next year, no doubt at the same time as the
machinery. as far as he, the Governor, knew,
In April next. From now to April it will
be necessary to prepare the different buildings
40 that they may be ready to receive the
machinery, and the Company intends and
hopes to be able to get the whole undertaking
AL.orob ;n fir7o "a kaLo off fhn or0O 0F