Show commendable legislation FEB the passed two bills the tendency and effect of which are in the right direction one of these theft provides for the payment of a bounty of one cent per pound on all the sugar that may be manufactured in this territory during the next two years and appropriates for the purpose the other bill exempts from taxation for five years the plant of any establishment which may engage in the manufacture of cements from native materials facts and statistics relative to the manufacture and consumption of sugar in this territory have frequently appeared in these columns and our readers gener generally allf are tolerably familiar with the subject it hw hs been demonstrated to the satisfaction oi of certain investors that sugar can be successfully aured here though there is still a degree of uncertainty as to just what it will cost to profuse it no doubt the first turned out will cost more than that which is made alter after the industry is fully established vs as the results of experience can in all probability tie be utilized so as to reduce the expense of production product Jon encouragement given by the legislature which will aid in imparting condid confidence nee to capital at the ou outset tse is therefore wise and will probably be the means of helping to establish an industry fraught with benefits to our territory similar reasons may beis be assigned signed in approval of the bill to encourage the manufacture of cement the demand for this article is rapidly increasing and if its cost could be reduced would become enormous it Is unnecessary to recount the uses to which cement might be put they are legion and the raw material is so abundant in this region that the industry if once established is reasonably certain to assume imposing proportions rations in course of time such a boom as we are now experiencing in real estate to is a doubtful blessing units accompanied by something more substantial bial than cil climatic matic characteristics and landscape views unless industries dus tries shall be established to give capital and people employment a disastrous collapse is likely to follow the present inflation of f values it is therefore pleasing to note a disposition in the assembly to encourage substantial finan ciering |