Having hitherto dealt with the subjects of the currency and finance, let
us now glance for a moment at the new legislation for our colonies. We
need not repeat the tale of the disasters into which the West Indies
have been plunged, or the ruin which has befallen many of our own most
respectable citizens, who, to their misfortune, had embarked their
capital and fortunes in sugar-growing estates, trusting to British faith
and protection for at least an adequate return. The veriest zealot could
not have wished to have seen the crime of slavery more bitterly avenged;
but in what a manner! Great Britain, after having made a sacrifice of
twenty millions to emancipate the slave population in her own
colonies,—a sacrifice to her, though not an adequate compensation to the
planters,—after having declared to the whole world her determination no
longer to participate in the profits of forced labour,—after having made
treaties, and equipped armaments for the suppression of the
slave-trade,—suddenly changed her policy, admitted slave-grown sugar
from foreign states, first, at a high, and, latterly, at so low a duty,
that her own colonies, already impoverished, could no longer afford to
defray the cost of production. Here, again, the principle of free trade
has been triumphant and ruinous; here, again, the exporting trades have
carried their point, not only against the interests of the colonists,
but against those of benevolence and Christianity. The cause of the
Blacks has been abandoned for the tempting bribe of cheap sugars, of an
augmented demand for cottons and blankets to supply the gangs of Cuba,
and of machinery for Brazil, to enable the planter more utterly to
prostrate Jamaica.
Public-domain text, read in full here on John Shaqi.
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