The Commercial Products of the Vegetable Kingdom: Considered in Their Various Uses to Man and in Their Relation to the Arts and Manufactures; Forming a Practical Treatise & Handbook of Reference for the Colonist, Manufacturer, Merchant, and Consumer, on the Cultivation, Preparation for Shipment, and Commercial Value, &c. of the Various Substances Obtained From Trees and Plants, Entering into the Husbandry of Tropical and Sub-tropical Regions, &c.Simmonds, P. L. (Peter Lund)
Science
The Commercial Products of the Vegetable Kingdom: Considered in Their Various Uses to Man and in Their Relation to the Arts and Manufactures; Forming a Practical Treatise & Handbook of Reference for the Colonist, Manufacturer, Merchant, and Consumer, on the Cultivation, Preparation for Shipment, and Commercial Value, &c. of the Various Substances Obtained From Trees and Plants, Entering into the Husbandry of Tropical and Sub-tropical Regions, &c.
Simmonds, P. L. (Peter Lund)
Botany, Economic
In 1824, according to the following high scale of duties, viz., 1s. on
West India, 1s. 6d. on East India, and 2s. 6d. on foreign, the Customs
derived from coffee was £420,988; in the following year the rates were
reduced one-half, and in the short space of three years the amount
yielded had advanced to £440,245, an increase which steadily
progressed (partly aided by the admission of the produce of British
India at the low duty) until it reached £921,551 in 1840. These
satisfactory results justified a further reduction of the duties in
1842 to 4d. on colonial and 8d. (and in the subsequent year to 6d.) on
foreign, under which the revenue declined in 1844 to £681,616. In 1846
it had again reached to £756,838, and was gradually recovering itself,
when this system of adulteration first began to extend itself
generally, and since that time the revenue has rapidly declined under
the _same scale of duties_ to £566,822 in 1850.
In 1824 the quantity retained for home consumption was 8,262,943 lbs.,
which was augmented to 11,082,970 lbs. in the first year of the
reduction of duty, and continued to exhibit an increase at a rate
rather exceeding two million pounds per annum until 1830, when coffee
would appear to have reached its limit of consumption without further
stimulus, and remained stationary until the modification of duties
allowing the admission of foreign coffee, _via_ the Cape, at the
colonial rate, when it advanced from 23,295,046 lbs. in 1835, to
28,723,735 lbs. in 1840; and consequent upon a further reduction of
duties in 1842, the elasticity of the trade experienced a still wider
development, and an increase of nine million pounds is exhibited in
the next five years. From that period, however, the general use of
chicory has not only checked the progressive increase of this healthy
demand, but an annual decline is observable to the extent of above six
million pounds in 1850, as compared with 1847.
On the 15th of April, 1851, with the view of partly remedying the
grievance of the colonists on this head, the duties were equalized and
reduced to 3d. The results are, however, far from satisfactory, either
in a fiscal or commercial point of view. It is true that an increase
in consumption, of one-and-a-quarter million pounds has taken place,
but at the sacrifice of £121,000 of revenue. But this increase, it
will be seen, has not exceeded 4¼ per cent., whilst there has been a
diminution of 21½ per cent. in the revenue receipts. Upon
investigation, moreover, it will be found that, notwithstanding the
_total_ increase exhibited, there has been an actual falling off of
894,778 lbs. of colonial coffee in 1851; the items for last year are,
however, much more favorable and encouraging for the planters.
No reasonable cause can be assigned for this rapid and serious
diminution in the consumption of coffee, except the notorious
substitution of chicory and other substances.
Public-domain text, read in full here on John Shaqi.
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