The Cultivation and Manufacture of TeaMoney, Edward
Science
The Cultivation and Manufacture of Tea
Money, Edward
Tea
“The one remedy for the present condition of things is that the great
bulk of the so-called fine Teas should be bought in China at their
present value on this market--viz., at about 5_d._ to 6_d._ below the
prices given for them in recent years. With the large accumulated
stocks in Russia, and consequently reduced orders from that country,
the yearly-increasing supply of Indian Tea, and the present prices
here, one would think that such a course would at once be adopted.
Unfortunately, however, so much of the Tea is bought on commission,
and the Russian agents seem so reckless as to the prices which they
give, that any such prudent action can hardly be hoped for. It would,
therefore, be wise for holders of shares in Eastern banks, as well
as all who have been in the habit of intrusting orders to buying
agents in China, to ponder the foregoing facts, which can be easily
verified by a reference to any of the trade circulars lest their
money should be lost in the crash which must certainly take place if
the past policy of Tea buyers in China be continued.--I am, &c.,
“A. B.”
Will those warned be wise in time, and not swamp the Home Market with
China Teas certain to be sold at a loss? Who can say? But “A. B.” is
evidently master of the subject, and if his advice in not taken, the
China Tea “crash” he predicts will not be a small one.
When China Teas are _not_ sent home to realise a certain loss, our
Indian Teas will have fairer play.
I cannot conclude without acknowledging the great help I have derived
from the pages of the _Tea Gazette_ in writing these additions to my
Fourth Edition.
* * * * *
Since my remarks on Ceylon were printed, I have acquired much further
information regarding the Tea industry in that island, and the
prospects certainly seem very favourable. Anyhow, there seems to be no
doubt that Ceylon for Tea offers quite as good a field as any part of
India, always supposing that good sites are selected and the area to
choose from is large.
The future market for Tea is really, as regards Ceylon, the only
doubtful point, and consequently (as at page 183) I advise the planters
there to act with caution.
Where it is proposed to put coffee lands under Tea, of course one
great advantage in economy will be gained, inasmuch as there will be
no jungle clearing or previous cultivation. But here again caution is
necessary. Make sure the soil is not worn out, for Tea, though it will
grow, will not yield largely on such.
* * * * *
_June, 1883._
P.S.--The following are the new rules lately issued by the Customs
regarding the future treatment of Indian Teas.
The weight of Indian Tea for duty may, if desired by the importers,
be ascertained under the following regulations:--
1. The Tea on arrival to be weighed to ascertain the gross weight of
each package.
Public-domain text, read in full here on John Shaqi.
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