Excerpt from Relief for West-Indian Distress, Shewing the Inefficiency of Protecting Duties on East-India Sugar, and Pointing Out Other Modes of Certain Relief
The equalization of the duty upon East and West India Sugar has hitherto been too generally considered, by those who have not thought much about it, as a question merely between the East and West Indians, in which whatever the one gained the other would lose; but in which, whatever the result may be, the country has no interest. This will be found to be a very erroneous opinion. It is, indeed, admitted by the West Indians, that the preference which they have in the home market, under present circumstances, is "of little benefit to them," - and it may be proved, that even the hopes that it may be so hereafter have no good foundation; whilst, by adhering to the present regulations, the important benefit to be derived from an unrestrained trade to India, now become sufficiently obvious, would be injuriously affected.
The protections claimed by the West Indians are of two distinct kinds.
1st. A bounty on the export of the surplus, by which the price is raised about 6s. per cwt.
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