A Vindication of England's Policy with Regard to the Opium TradeHaines, Charles Reginald
History
A Vindication of England's Policy with Regard to the Opium Trade
Haines, Charles Reginald
Opium trade
As long ago as 1832, the question of abolishing the opium monopoly
suggested itself to the East India Company; and the same course was
proposed by Sir Charles Trevelyan in 1864.[127] If the opium revenue is
to be retained while the monopoly is abolished, there is only one
practicable course to be pursued. A Customs duty must be laid on the
export of all opium. And this method has obtained the support of many able
men who, objecting to the opium traffic as at present conducted, and at
the same time seeing the difficulties in the way of its total abolition,
propose this compromise. Such are Sir Bartle Frere,[128] Sir Richard
Temple, the Marquis of Hartington, and others. But there are many serious
drawbacks even to this solution of the difficulty, and such as have always
prevailed against it when it has been proposed, as it often has, in
Council. On the one hand, the revenue derived from this system would be
much less. Sir Evelyn Baring, who is studiously moderate in his figures,
informed us in his financial statement for 1882 how much loss would
actually in this way ensue. For whereas a chest of Bengal opium costs us
to manufacture it 421 Rs., we can sell it for 1,280 Rs. (average of ten
years), thus making a clear profit per chest of 859 Rs.; but if we
decided to introduce the excise system, the opium would not bear more than
600 Rs. a chest as export duty.[129] The average number of chests exported
may be taken as likely to be 45,000. Duty on these would give £2,700,000.
But our net revenue from Bengal opium is at least £5,000,000, so that our
loss would be nearly two millions and a half; and besides the loss to the
Imperial exchequer, the Provincial Governments would lose a part of their
income. Moreover, the cost of preventive establishments would be great,
and still some part of the produce would evade duty. Again, the
cultivators would suffer in every way. Their actual profits would be less,
and the zemindars would take the opportunity of squeezing them by
rack-renting and other recognized means of oppression, as has been the
case in indigo-cultivation, where great disturbances have been caused
among the ryots. Add to this that vested interests would be created which
would render any return to the old system very difficult, if not
impossible. On the other hand--and this must be clear even to the
anti-opiumists--India would not release herself from the responsibility of
the traffic, whatever that may be, by this means. Direct participation in
the manufacture may be more undignified for an Imperial Government than
merely a share in the profits; but it cannot affect its moral
responsibility. Nor would an ounce less opium enter China because of this
measure. "The monopoly," says Sir Henry Pottinger, "has rather tended to
check than otherwise the production, as it certainly has the exportation,
of the drug."
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account