Friday, January 2, 2015

The Land Authority of the Government of Puerto Rico: A Detailed Study of Past and Present Land Distribution Programs in Puerto Rico and of the New Proportional Profit Farms of the Gov't of Puerto Rico


Chamber of Commerce of Puerto Rico, The Land Authority of the Government of Puerto Rico: A Detailed Study of Past and Present Land Distribution Programs in Puerto Rico and of the New Proportional Profit Farms of the Government of Puerto Rico, San Juan: Chamber of Commerce of Puerto Rico, June 25, 1945.

Excerpts from the Forty-Forth Annual Report of the Governor of Puerto Rico (1944):
The outstanding event in the land program during the year was the operation of the first six proportional-profit farms by the Land Authority. These farms, which were established on land purchased in the previous fiscal year from the Central Cambalache, were planted to sugar cane. A net profit of $53,656 was realized, despite the fact that the year was extremely difficult for sugar producers, because of the drought and the continued scarcity of fertilizers and equipment. Of the net profits, the sum of $46,891.98 has been set aside for distribution to the workers employed on the farms, while $6,763.98 will go to the lessees of the farms.

No comments:

Post a Comment