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96 conservative authority by those of his compatriots who are best able to judge; and I feel confident that the following estimates are nearly, if not entirely, correct: —

The chief agricultural products of the island are cotton, rice, cacao, corn, cocoanuts, pepper, bananas, tobacco, vegetable dyes, coffee, sugar, pineapples, and vanilla. Of all these I shall only pause to deal here with the last four.

Coffee and sugar are regarded by the Puerto Ricans as their most valuable crops. The first takes six years to come into full bearing, and during this time will cost an expense of about 162 pesos an acre, with a return in the last year of 86 pesos an acre, — a net deficit for the full period of 76 pesos. Afterward the expense should be about 66 pesos an acre, and the return 90 pesos. Sugar requires a heavy investment at the start. A plantation of 250 acres, together with the necessary buildings and machinery, will call for about 52,500 pesos. The total cost of a crop, from beginning to end, should be 152 pesos an acre, and the return about 170.