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Article 1. The President of the Republic is hereby authorized to pay a bonus of two cents for every kilogram of raw sugar of belatraga that is produced in the country.

This premium shall be paid for six years, from 1 January 1899, and the annual amount shall not exceed the following amounts:

Twenty-five thousand pesos in the year 1899, fifty thousand pesos in the year 1900, seventy five thousand pesos in the year 1901 i 100,000 pesos in each of the years 1902, 1903 i 1904.

If these sums are not sufficient to pay the premium of two cents per kilogram, they will be prorated in proportion to the quantities of sugar produced.