The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-07-20
GET MONOPOLY
OF ALL MEXICO
Utah Men Secure Concessions
From Government for Beet
Sugar Manufacture.
WILL GET ALL LANDS FREE
CONDITIONS DECLARED IN RE.
PORT TO BE FAVORABLE.

Mexico celebrated Independence day this
year by granting to Titan men the exclL-
sive right to manufacture beet sugar IN
chat great republic. l. c. Thoreson of Lo-
gan, who has been in Mexico for some
time in the interest of this conce ssiOa,
returned yesterday, bringing with HIM tho
information that all had gone well A
sugar manufacturing company will be or.
ganized at once. Some Utah people Will
be invited TO participate. but it is stated
that California, Colorado and eastern
capitalists will, if they can secure il, taAa
over the entire property. w. NJ. Roy
lance Of Provo and several other Utah.
men are interested with Mr.. Thoreson ana
the proposed factory.
b. the terms of the concession the con-;
ceSslOnalTeS agree to erect at the most
suitable point in Mexico beet sugar fac
tory TO cost not less than 100000. They
are TO have tWenty-four months in Whichi
TO submit their plans for the factory, ands
five years after thu plans have been ap-
proved in which TO complete the work.
For ten years after its erection the plant.
and all equipment are to be free from di-'
rect taxation for any purpose whatever.
All machinery for the factory and all thei
electrical equipment necessary are to bei
admitted to Mexico free of duty.
May Select Lands Free.
1t is provided that the company SHALL
have the right to select free of charge
occupied, that il may need. In compen-
satiOn it is agreed that if at any tin ..
The republic desires TO purchase all or any
part of the output of the factory the con-
cessionaiFes must sell it to the govern
ment at 10 per cent less than ii charges
to other purchasers. To cover the cost OF
inspection the company agrees TO pay into
the government treasury the sum of =
900. and also TO deposit in the National
Bank of Mexico the sum of - 600 to guar
antee the proper fulfil.ment Of the obli-
cations set forth in the concession.
The Mexican Herald speaks of the con-
cessiOn as a most important one, not only
for the cOncessiOnaries but for the re-
public. At the present time no beet sugar
whatever is manufactured in Mexico. The
Utah men Will. therefore. have a clear
field. Mr. ThOresOn, who has made
careful study of beet sugar possibilities
in Mexico is enthusiastic
Sees Great Possibilities.
In a report on the subject he says in
| part:
The following advantages in favor Of
| the successful operation of the beet sugar
/ industry in Mexico are very apparent;
| The soil and the climate of the upper
valleys are all that could be desired for
1rf1e gTOwf11g OF Dssets. t1ey can De planted
| and harvested during any month of the
/ year; hence factories can be run the year
| round The native labor i'm these valleys
! is well adapted for beet culture with
/ proper supervision. and the 'peon' in these
]
and does better work for less money
/ leverage farm labor costs from 30 TO %
/ cents per day and half the amount for
| boys) than in the lower attitudes of the
| republic
"Tha water supply is ample. Fuel. how
| ever is more expensive than in the United
| States. but the by-prOducts from the fac
| tory will bring a much higher price. The
! percentage of sugar in the beets and their
purity far exceeds the average in the
! United States or Europe. The general
! government as well as that of the states
and cities, is very favorable toward the
/ establishment of the industry and will
give it all the encouragement and aid
within its power.
Mexicans and English Interested.
While in Mexico Mr.. Toreson succeeded
| in interesting in the enterprise AdOlphO
! Fenochio, a prominent Mexican lawyer.
/ William Thompson, an Englishman who
/ is well and favOraby known in the coun-
! try. and Nicholas NJ. SuareZ capitalist.
/ The American consul geneial A. NJ. Colts
/ chalk. under the government regulations,
could take no financial interest in the
! enterprise but he has written and for
! a detailed TeDOTt