to sixty miles of the various plantations, and it
is certain that at no very distant date these distances
will be halved, and that we shall then be within seventeen
to eighteen days of London—at present we
may be said to be within eighteen to nineteen days
of it. In expense the cost has been halved; a
first-class return ticket from Bombay to London may
now be had for L90, and on other lines of steamers
the rates are lower. But it is now time to turn
from matters of detail to consider the advantages
of coffee in Mysore, as a good, safe, and permanent
investment, and in order to show that the two last
mentioned statements are well founded, I have obtained
some details which will show the probable profits
of coffee in Mysore. For obvious reasons I withhold
the names of the estates. I have said that the
investment is a permanent one, and by this I mean
that, unless ruined by profound and incredible stupidity,
a well shaded coffee estate in Mysore will last as
long as the world will, or at any rate as long as
the inhabitants of it choose to drink coffee, and
in confirmation of this opinion, I may mention that
one of the most flourishing pieces of coffee I have
ever seen in Mysore was planted on land first opened
about ninety-five years ago, and which was replanted
about seventy years after it was first opened.
I can also point to land opened in 1857, and which
has in recent years been replanted with the new variety
of coffee imported from Coorg, and, as the owner of
it said to me last year when we were going round the
property, “The estate is now looking better
than you have ever seen it.” But all the
old estates in Mysore that were planted in the proper
coffee zone are in existence now, and many of them
look better than they ever did. The durability
of coffee property in Mysore, then, is, as we have
seen, not a subject of speculation, but an ascertained
fact, and I now proceed to show that it is as profitable
as it is durable.
The first case I have to give relates to coffee property
purchased by a friend of mine with money borrowed
at eight per cent. interest, and with his permission
I publish an account of his investment, as it not only
shows what has been done in Mysore in the face of great
difficulties, but illustrates the profits that may
be expected from a property that is well managed,
and well situated as regards soil and climate.
In 1876, then, he purchased a native estate of 240
acres of good coffee land, of which 180 acres had
been very irregularly planted with “chick”
coffee (the original Mysore plant). The total
cost amounted to 98,000 rupees, which sum was borrowed
at eight per cent. By 1880 the loan was reduced,
from the profits of the coffee, by about 30,000 rupees,
and my friend then purchased an adjoining native estate
of 163 acres, sixty of which were also very irregularly
planted with chick coffee. The price was 13,250
rupees, which he also borrowed at eight per cent.
The total amount borrowed was thus 111,250 rupees,