With the great reduction in importation price and keener competition the
retail prices have been brought down to a very low figure, and as the
dealer has educated the public to the purchase of poor teas at low
prices it is not likely that the retail prices of teas will ever reach
any higher figure unless war or other cause should lead to a duty being
placed on the article. Yet, notwithstanding these unprecedented low
prices, the _per capita_ consumption of tea is comparatively very low in
this country at the present time, one of the chief causes being
traceable to the custom prevalent among dealers of charging exorbitant
profits in order to make up for the losses made in other goods. This
impolitic practice may be forgiven were it not for the greater mistake
they make of sacrificing quality to profit, which in articles of daily
use like tea is an important consideration. By rectifying this error,
and giving more attention to the careful selection of their teas, there
is no valid reason why the consumption of tea in this country could not
at the least calculation be doubled, more particularly in the present
state of the coffee market, as it is generally calculated that one pound
of good tea equals four pounds of coffee in amount and strength of its
extract, besides being cheaper and more convenient to prepare. Under
these circumstances it may be assumed that there is no probability of
any material change in the cost of tea to the dealer and there should be
no further reduction in the selling price to the consumer, any further
reduction in the retail price involving a diminution of profit which the
trade can ill afford to bear at the present time.
------------------------------------------------------------------------
CHAPTER X.
TEA-CULTURE, A PROBABLE AMERICAN INDUSTRY.
--------------
Public-domain text, read in full here on John Shaqi.
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