The broad ax., 1904-05-14

Editor of The Broad AK"
Chicago, III.
Dear Sir:
Thinking that you and your
readers have been, for some time
past, interested in the progress
of the work on the plantation Of
the American Mutual Plantation
Company, l have thought it due
to you and your readers that I
should keep. you informed as to
that progress. ! believe that any
one who makes an investment IN
a company is entitled to the very
fullest information as to what
that company is doing. OF course
It would be much better for the
readers of The Broad AK to call
personally at the Office of our
company and get first hand in
formation that we are anxious to
give, but that is, no doubt, out of
the question for many of your
readers.
Everything has gone very
smoothly and prosperously with
US from the very beginning of
our work. The bonds that we
have been selling have been taken
out very rapidly and by an ex-
cellent class of investors. In
fact, we have met with such sue
cess in the placing of these Sc
curities that in all probability the
selling of these bonds viii be dis
continued in a very short time,
perhaps never to be resumed.
Therefore, any of your readers
who have not already invested
and who wish to take out these
high class securities, should make
application within the next few
weeks, if they wish to obtain them
at their present price. We have
been very pleased with the class
of people who have prohted by
the opportunity to buy our goods.
Leading business and professional
men, as well as salaried people
of high grade have taken out by
far the greater number of the
bonds that have been sold to date.
As TO the work on the planta-
ton itself, we can only say that
we are far in advance of the
work that we have contracted to
do. Our choice of plantation
manager has evidently been an
excellent one, because we find
that the work has not only been
well done, but quickly done. We
have had very little trouble in
getting and keeping in our en-
ploy all the help necessary for
our work. This fact we believe
is largely due to the excellent
character Of the local manage
ment.
We find that the judgment ex-
ercised IN the beginning in de-
termining the character of crops
that would be most profitable
was well founded, for all of the
information at our disposal up to
the present goes to prove that the
cultivation Of sugar cane, tobac-
CO, vanilla, bananas, corn, etc.
and the raising of cattle, are by
al means the most profitable en-
terprises that we could have un-
dertsien.
The discovery of coal on the
plantation viii, without doubt,
add very materially to the value
of the bonds, as viii also the
purchase Of an additional tract Of
600 acres, which viii make our
holdings upwards Of 5000 acres
Of some Of the best land that can
possibly be procured IN any part
Of the tropical world. When one
considers that probably four-6fths
Of this entire acreage Is covered
with valuable timber, one can
easily conclude thar even in the
natural state our property IS a
great wealth producer.
IN fact, Mr.. Editor, the writer
has had difficulty IN presenting
the facts as 70 our plantation m
Sufficiently mild way As TO
pusrd against the accusation Of
grossly oVer-stating the truth. II
any Of your readers doubt the ex-