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Show MILLIONS FOR HTM PEOPLE Salt Lake and Utah people have secured se-cured a concession from tho government govern-ment of Mexico that should make millionaires mil-lionaires out of a number. This concession con-cession gives the Mexican Beet Sugar company, an organization In which a number of UtahnB arc interested, the right to erect beet sugar factories In any Mexican state or territory where tho company elects, as It la not only given by tbo republic of Mexico, but also from every state and territory, and the document which makes the grant bears the signature of state nnd I territorial officers in addition to the signatures of the officials of tho republic, re-public, says the Tribune. The document, by the way, which Is the concession, l.i a unique one, and It Is covered with stamps, $2.5"0 worth having to le attached in order to make It valid This document Is In the safe of tho treasurer of the company In this city. Fifteen Years Is Time. The concession extends over a period pe-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 material, ma-terial, farming Implements, etc., necessary nec-essary In the plants are to be admitted admit-ted free of duty. Besides this, all the property and securities of the company com-pany aro exempt from taxes during tho life of the concession, except the government stamp tax. That the concession Is an exceptionally excep-tionally good one Is shown by the fact that the climatic conditions In Mexico aro such that sugar beets may he planted every month In tho year, thus Insuring a run of 305 days every year, as against the short campaign In all other beet nroduclne countries. Becta Wonderfully Prolific. Sugar beets grow everywhere In Mexico, and they grow without either Irrigation or cultivation, the product being from ten to thirty tons per acre, ao that an enormous yield would follow fol-low when modern Irrigation Is put Into use and modern methods of cultivation culti-vation adopted. Sugar beets In Mexico Mex-ico contain a remarkably high percentage per-centage of fticcharlne; a great deal more, It Is said, than la contained In those grown either in America or Germany. At the Agricultural college of Mexico Mex-ico 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 wero from several localities, eome of the samples from a ranch where 600 acres of sugar beets were grown. Trofessor F. Flex of the college made the analyses, and this disclosed thut the average sugar in the beets la 19. 06 2 3 per cent, and for purity 68.C6 2-3 per cent a remarkable show-lng. show-lng. Beets will grow anywhere upon the plateaus, and, It Is said, can be planted every month in the year. The by-product finds a ready market; the ranchmen and stock growers clamor for it for their cattle." Labor Is Cheap. Labor conditions In Mexico ore said i to be Ideal, and while It Is cheap (unskilled (un-skilled labor can be had for 25 cents per day gold), the laborers are contented con-tented and happy. It might bo said that labor Is born, raised and dies on the same plantation. Members of the company say that there is no such thing as peonage or slavery iu Mexico. It Is the Intcut of the company to erect its first factory in the vicinity of the City of Mexico, and several sites are now being considered. The company com-pany has, according to information here, the hearty co-operatlon of the government and of prominent members mem-bers of the administration. Capital invested In Mexico Is regarded as absolutely ab-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 f.00 tons' dally capacity, while the markets of the world are open, the cost of pro-ducton pro-ducton being so low that Mexican beet sugar can re laid down In Germany Ger-many in competition with German manufactured beet sugar and still bo sold at a profit The company has offices in the Utah Savings & Trust company's building Salt Lake City. Its officers are: M. H. Walker, president; I. C. Thoresen, vice-president; W. Mont Ferry, treasurer; Peter Porter, secretary; secre-tary; Sumner Merrick, general manager. man-ager. It Is capitalized for S2.noo.0no M. H. Walker. W. Mont Ferry and Duncan MncVlchle compose the executive execu-tive committee. There are a number of other Utabns interested in the com-pauy. |