Corporate entry: Fairymead Sugar Company
Details
Fairymead Sugar Company, owned by the Young family, had extensive sugar planting and milling interests around Bundaberg, Australia. Florence Young (q.v.) founded the Queensland Kanaka Mission (q.v.) in 1886, and followed the deported members of her congregation back to the Solomon Islands in 1904, the QKM being renamed as the South Sea Evangelical Mission (q.v.) in 1907. To support her missionary work, her brothers introduced A. H. and E. Young & Co. into the islands, which was the parent company of Fairymead Sugar Company (formed in 1910) and the old Malayta Company (q.v.; formed in 1908). In 1936, the Fairymead Sugar Company, often known in the Solomons as the Fairymead Company, took over the Malayta Company's assets. Even though the Second World War had caused great damage to their plantations, they returned to the Russell Islands. In late 1957, Fairymead Sugar Company sold its plantation interests in the Russell Islands to Levers Pacific Plantations Pty. Ltd. (q.v.) for an undisclosed figure thought to have been £250,000. They maintained the company's plantations in other areas of the Protectorate. (PIM Nov. 1957; Bennett 1987, 303, 308)
Related entries
Published resources
Books
- Bennett, Judith A., Wealth of the Solomons: A History of a Pacific Archipelago, 1800-1978, University of Hawai'i Press, Honolulu, 1987. Details
Journals
- Pacific Islands Monthly. Details