dings 80
And we have a grand total of L960 sterling expended; for what purpose?
To secure a net income of _at least_ L1,200 sterling per annum for at
least 50 years!
In the first year's expenses many items might be cut down, but I leave
the calculation as one to be considered by a party with small capital,
intending to establish a coco-nut plantation. I have allowed nothing
for the cost of land, as it is impossible to compute that. In general
it would cost next to the nothing mentioned. I have, by careful
calculation, arrived at the conclusion that by combining the
cultivation of provisions with the gradual but steadily progressive
establishment of a coco-nut plantation, any man of energy and
perseverance may, with the aid of but four hands, clear, fence, and
plant, in a favorable locality, 50 acres of coco-nuts within the year,
yet have a balance in his pocket at its close. Such a person would,
ere doing anything beyond putting in his nursery plants, establish a
provision ground, of considerable extent, for the purpose of supplying
himself and his laborers with bread kind, and vegetables, and of
enabling him, by the disposal of the surplus produce in the market, to
raise a sufficient sum of money to furnish the wages and rations of
the men. I need not enter into a calculation to show how this could be
done, as every one must be aware of an easy method of following out so
simple a suggestion. Of course he would have to bear in mind that the
provision ground is of secondary importance, and limit his exertions
in that line accordingly; devoting to the coco-nut plantation the
strictest daily attention.
The cultivation of this tree deserves much more attention than has
hitherto been paid to it, particularly in the East, where it not only
forms part of the daily food of all classes of the community, but is
an exportable article to neighbouring regions, the oil which it yields
having of late years become in great demand in England, for the
manufacture of composite candles and soap, and there is no doubt of
its continually extended application to such purposes. Supposing,
nevertheless, the result of an increased cultivation of the coco-nut
should be such as to cause a fall in price, and sink the nett return
in England to 2s. per gallon; this being clear profit, would make this
kind of plantation a safe and sure investment for both capital and
labor in the Colonies.
A kind of sugar made from the sap is called "jag
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