The Ogden standard. [volume] (Ogden City, Utah) 1902-1910, 1910-03-16
MILLIONS FOR
UTAH PEOPLE

Salt Lake and Utah people have Sc
cured q concession from the govern
ment of Mexico that should make mil
lionaires out OF number. This con
cession gives the Mexican Beet Sugar
company, an organization In which
number OF Utahns are interested. the
right TO erect beet sugar factories In
any Mexican state or territory where
tho company elocts, as IL is not only
given by tho republic OF Mexico. but
also from every state and territory.
and the document which makes the
grant bears the signature OF state and
territorial officers In addition to the
signatures OF the officials OF the re-
public, says the Tribune.
The document. by the way, which
is the concession. is unique one. and
It is covered with stamps. $500
worth having to be attached in order
to make II valid This document Is
in the safe of the treasurer OF the
company In this city.
Fifteen Years is Time.
The concession extends over a Pc
riod OF fifteen years. which in reality
Is perpetual, and gives the company
the right To erect beet sugar factories
anywhere in the republic Under its
terms all machinery, structural ma
terial, farming implements, etc, nee
essary In the plants are TO be admit
ted free OF duty. Besides this. all the
property and securities of the COM
pany arc exempt from taxes during
the life of the concession, except the
government stamp tax.
That the concession Is an eXcep-
uonally good one is shown by the fact
that the climatic conditions in Mexico
are such that sugar beets may be
planted every month in the year, thus
insurlng a run OF 365 days every year.
as against the short campaign In all
other beet producing countries.
Becto Wonderfully Prolific,
Sugar beets grow everywhere In
Mexico, and thcy grow without either
irrigation or cultivation, the product
being from ten TO thirty tons per acre,
so that an enormous yield would fol
low when modern irrigation Is put
into use and modern methods of cult
walton adopted. Sugar beets in Mex
leo contain n remarkably high per
centage of saccharlne, a great deal
more, IL is said than Is contained In
those grown either in America or
Germany.
At the Agricultural college Of Mex
leo twenty-one samples OF sugar
beets which the company had sent
there for analysis were tested. These
samples were not picked samples. but
were taken at random. They were
grown for experimental purposes, but
were from several localities. some of
ronnh uhNra E(1D
acres of sugar beets were grown.
Professor F. Fiex of the college
made the analyses, and this disclosed
that the average sugar in the beets Is
1866 % per cent, and for purity
SIS &c 2-3 per cent-a remarkable show
ing Beets will grow anywhere upon
the plateaus. and, II Is said. can be
planted every month in the year. The
by-product finds u ready market; the
ranchmen and stock growers clamor
for 1t for their cattle.
Labor ie Choap.
Labor conditions In Mexico are said
to be ideal. and while IL Is cheap Gun
skilled labor can be had for 25 cents
per day gold). the Iaborers are con"
tented and happy. 1t might be said
that labor Is born, raised and dies on
the same plantation. Members OF the
company say that there is no such
thing rs peonage or slavery III Mexico.
II Is the intent OF the company TO
erect It's first factory in the vicinity OF
the City of Mexico, and several sites
are now being considered The com
pany has, according to information
here the hearty cooperation OF the
government and of prominent mem
bers of the administration. Capital
invested In Mexico is regarded AS abb
solutely safe and Americans are
looked upon with great favor.
Home Market Ready.
There Is now a home market for
two or three factories of 500 tons
daily capacity while the markets OF
the world are open, the cost of pro-
ducton being so low that Mexican
beet sugar can be laid down In Ger
many In competition with German
manufactured beet sugar and still be
sold at profit
The company has offices in the
Utah Savings Sc Trust company's
building Salt Lake City. It's officers
are: NJ. H. Walker. president; l. c.
Thoresen, vice-president. w. Mont
Ferry. treasurer; Peter Porter. secre-
tary; Sumner Merrick. general man.
ager. 1t is capitalized for S2.000,0OO.
Nj. Fl. Walker w. Mont Ferry and
Duncan MacVichie compose the eXecu-
tive committee. There are number
of other Utahns interested in the COM
pany.