Imatges de pàgina
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In the reign of Queen Anne, the duty on sugar amounted to 3s. 5d. per cwt. Small additions were made to it in the reign of George II.; but in 1780 it was only 68. 8d. In 1781 a considerable addition was made to the previous duty; and in 1787 it was as high as 12s. 4d. In 1791 it was raised to 15s. ; and while its extensive and increasing consumption pointed it out as an article well fitted to augment the public revenue, the pressure on the public finances, caused by the French war, occasioned its being loaded with duties, which, though they yielded a large return, would, there is good reason to think, have been more productive had they been lower. In 1797, the duty was raised to 178. 6d. ; 2 years after, it was raised to 20s.; and, by successive auginentations in 1803, 1804, and 1806, it was raised to 30s. ; but in the last mentioned year it was enacted, that, in the event of the market price of sugar in bond, or exclusive of the duty, being for the 4 months previous to the 5th of January, the 5th of May, or the 5th of September, below 49s. a cwt., the Lords of the Treasury might remit 1s. a cwt. of the duty; that if the prices were below 488., they might remit 2s.; and if below 478., they might remit 38., which was the greatest reduction that could be made. In 1826, the duty on West India sugar was declared to be constant at 278., without regard to price; the duty on sugar from the Mauritius being then also reduced to 278. In 1830, the duty was reduced to 248. on West India and Mauritius sugar, and to 328. on East India sugar; and in 1836, the duty on the latter was reduced to the same level as that on the former.

Account of the Quantity of Sugar retained for Home Consumption in GREAT BRITAIN, the Nett Revenue derived from it, and the rates of Duty with which it was charged, in each Year from 1789 to 1814, both inclusive.

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Account of the Quantities of Sugar imported into the United Kingdom from the West Indies, and British Guiana, distinguishing the Quantities from each Colony, in the under-mentioned Years, from 1831 to 1850, both inclusive.

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Tortola

Trinidad

221,662 195,057) 101,020
21,219 77,263 51,548
15,339 13,821 7,365

132,846

135,637 132,673

129,870) 175,415

144,116

159,295

139,3×1]

45,838

6.750

49,317 62,709
2,154

7.177

327,167

Bahamas

Bermudas Demerara Berbice

101 802.1342 122,088

202 4,336

1,368

Total

289,393, 245,778 323,360 274,588 364,152
998 1,669

760,376 486,187 434,808 447,817 199,102
126,485, 93,157 85,175 95,810, 120,575 78,307 113,143 133,144! 62,477

1,103,800 3,521,909'2,214,764'2,509,701 2,453,037 2,857,705 2,152,153/3,202,774(2,797,376/2,814,078/2,589,420|

35,52 69.440 6,761 8,283! 353,203 393,525 3,356

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252,119

391,673
1,607
522,390 570,084 516,175

424,399

366,x20

2

815

472,750

55,215

An Account, showing the Quantities in cwts, of the several Sorts of Sugar imported into the U. Kingdom: when entered for Home Consumption, and the Nett Revenue accruing thereon; in each Year since Years.

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1848 2,795,311 1819 2,839,911

856,284
897,815

1,332,747 1,855,589 6,869,931 3,571,581
1,474,474 1,725,149 6,937,319 4,054,981

1,349,751
1,354,228

1,220,964 | 6,142,296 496,478 5,905,687

1850 2,587,420 1,003,296 1,350,296 1,350,523 6,291,535 3,786,002 1,397,095 908,395 6,091,192

These are the quantities retained for consumption, after the quantities exported in a raw or refined state, after payment

the Quantities retained for actual Consumption within the same; the Rates of Duty charged on Sugar 1815: with a Statement of the Average Prices of British and Foreign Sugar in Bond for the saine

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We had occasion, in a former edition of this work, to remark on the impolicy and injustice of charging sugar from our possessions in the East Indies with a higher rate of duty than was laid on sugar from the West Indies. But, as already seen, this distinction was suppressed in 1836, and the sugar of our various colonial possessions and dependencies is now admitted for consumption on the same terms.

Previously to 1845 the duty on sugar from a British possession was decidedly too high, being no less than 258. 2d. (248. + 5 per cent.) per cwt. But whether this were so or not, there cannot, we apprehend, be so much as the shadow of a doubt that the duty on foreign sugars was then more than twice as great as it should have been. This duty, which amounted for a lengthened period to 63s. a cwt. was, in fact, intended to be prohibitory; and so long as our foreign dependencies furnished so much sugar as not only to supply the markets of the U. Kingdom, but to furnish, besides, a considerable excess for exportation to others, there was little to object to in the magnitude of the duty. Latterly, however, it became most oppressive in its operation. In consequence, as already seen, of the measures connected with the emancipation of the slaves, the imports of sugar from the West Indies declined from 4,103,746 cwts. in 1831, to 2,857,703 cwts. in 1845. Owing to the immigration of hill-coolies, and other circumstances, the emancipation of the slaves in the Mauritius has not been nearly so injurious as in the West Indies; and with the exception of 1848, in which they fell off considerably, the imports of sugar from that island have not declined. But despite this circumstance and the large increase of the imports from India since 1840, the deficiency occasioned by the decrease in the imports from the West Indies was not fully compensated, and there was, of course, a proportional diminution of the total supply. On the one hand, therefore, we had a rapidly increasing population, and on the other we had that population confined by an oppressive duty to a market for sugar, the supply of which had been diminished! The consequences have been such as every man of sense must have anticipated from the outset. The business of refining for the foreign market, and our export trade in sugar, were all but annihilated, while the average gazette price of muscovadą sugar admissible to the English markets amounted during the 3 years ending with 1844 to about double the price of foreign sugar in bond, of equal or superior quality! We beg, in illustration of what is now stated, to subjoin an

Account of the Quantities of Sugar retained for Consumption, of the Nett Produce of the Duties thereon, and of the Prices of British Sugar (ex Duty), and Brazil Sugar in Bond, in 1842, 1843, and 1844, with the Average of these 3 years.

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Now, it appears from this statement, that while the price of British sugar (exclusive of duty) amounted during the 3 years ending with 1844 to 348. 73d. per cwt., the price of Brazil (and Cuba) sugar was only 17s. 53d. per do. 1 And hence it follows, that, had the late prohibitory duty of 63s. on foreign sugar been reduced to the same rate (25s. 2d., or 24s. +5 per cent.) as the late duty on British sugars, the people of the U. Kingdom might have bought the same quantity of sugar for 178. 53d. that cost them 34s. 7d., that is, they might have got about 2 lbs. of sugar for the same sacrifice it cost them to get 1 lb. The aggregate loss to the public from this preposterous arrangement of the sugar duties, during the period in question, was quite enormous. It appears from the above account that the average consumption of sugar, during each of the three years ending with 1844, amounted to 4,008,9123 cwts., which at 34s. 7 d. cost 6,944,605. 14s. 5d. But had we been allowed to go into the foreign market for sugar, we might have got the same quantity for 3,502,2304. 138., being a saving in 1 year of no less than 3,442,375l. 18. 5d., and on 3 years, of 10,327,1251. 4s. 3d. But it may, perhaps, be said, that had our ports been open to the free importation of Brazilian and other foreign sugars, the price of the latter would have been raised: and so probably it would; though, considering the vast extent and productiveness of the field from which sugar may be brought, we doubt whether this effect would be very sensible. But, supposing that the opening of our ports had raised the price of foreign sugar from 17s. 53d. to 22s. a cwt., still the saving would have amounted to 2,534,8017. 15s. 9d. a year!

Under these circumstances there could no longer be a doubt that the reduction of the old prohibitory duty of 66s. a cwt. on foreign sugar was imperatively required;

this was partially effected in 1844, when the duty on foreign sugar, if produced by free
labour, was reduced to 35s. 8d. a cwt., and when, in 1845, the duty on British colonial
sugars was reduced to 148. a cwt., that on foreign free labour sugar was farther reduced
to 23s. 4d. a cwt.

We subjoin

A Table showing the Imports of the various Descriptions of Sugar in each of the 5 Years ending with
1845; with the Quanuties entered for Consumption, the Rates of Duty on the sume, the Prices, &c.

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But though the reductions of duty in 1844 and 1845 effected a great improvement in the old system, they were inadequate to place it on a satisfactory footing. The reduction of the duty on foreign sugar applied to that only which was produced by free labour, the sugar produced by the labour of slaves (unless we happened to be bound by treaty to admit it at the low duty) continuing subject to the old prohibitory duty of 668. per cwt. Nothing, however, could be more inexpedient than this distinction, on which we took the liberty to animadvert as follows in the last edition of this work :

"We take, without any scruple, the cotton, tobacco, rice, and other products of slave-holding countries; and such being the case, it is not very easy to see on what principle we refuse to take their sugar. There is no reason to think that we are at all likely to hasten, by this refusal, the emancipation of their slaves (even if that were certainly desirable), or to improve their condition: our policy in this respect is injurious to ourselves, without being of the smallest advantage to any one else.

"But the truth is, if we look a little narrowly into the circumstances, we shall find that we do the very thing we pretend not to do. We annually export large quantities of British produce to Cuba and Brazil; but the sugar of those countries, the principal article they have to send us, being excluded from our markets, we cannot bring it direct to this country, but we carry it to Hamburgh and other continental emporiums, and there exchange it for wool, flax, and other articles we are allowed

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