In 1784 a preferential customs rate was proposed in favour of our Colonies. This they enjoyed for many years before 1853, when the uniform rate, until recently in force, was introduced. This restrictive tariff on foreign growths rose in 1803 to 5s. 10d. per pound, against 1s. 10d. on cacao grown in British possessions. From this date it gradually diminished. High duties hampered for many years the sale of cocoa, tea and coffee, but in recent times these duties have been brought down to more reasonable figures. For many years before 1915 the import duty was 1d. per pound on the raw cacao beans, 1d. per pound on cacao butter, and 2s. a hundredweight (less than a farthing a pound) on cacao shells or husks. In the Budget of September, 1915, the above duties were increased by fifty per cent. A further and greater increase was made in the Budget of April, 1916, when cacao was made to pay a higher tax in Britain than in any other country in the world. In 1919 Imperial preference was introduced after a break of over sixty years, the duty on cocoa from foreign countries being 3/4d. a pound more than that from British Possessions. _Duty on Cacao._ 1855-1915. 1915. 1916. 1919. Cacao beans per lb. 1d. 1-1/2d. 6d. 4-1/2d. foreign, 3-3/4d. British Cacao butter per lb. 1d. 1-1/2d. 6d. 4-1/2d. foreign, 3-3/4d. British Cacao shells per cwt. 2s. 3s. 12s. 6s. foreign, 5s. British In considering this duty and its effect on the price of the finished article, it should be remembered that there are substantial losses in manufacture. Thus the beans are cleaned, which removes up to 0.5 per cent.; roasted, which causes a loss by volatilisation of 7 per cent.; and shelled, the husks being about 12 per cent. Therefore, the actual yield of usable nib, which has to bear the whole duty, is about 80 per cent. It may be well to add that the yield of cocoa powder is 48 per cent. of the raw beans, or roughly, one pound of the raw product yields half a pound of the finished article. _Introduction of Cocoa Powder._