The Speeches of the Right Honorable William Huskisson, With a Biographical Memoir, Supplied to the Editor From Authentic Sources
The Speeches of the Right Honorable William Huskisson, With a Biographical Memoir, Supplied to the Editor From Authentic Sources
W William Huskisson
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As long as — ^whether from the East^Indies or the West — ^we had a surplus of sugar, the price in the market of Ei^land must be regulated by the prices in the general market of the world. Whether the East-India sugar came to this country, or went at once to the Continent, was a matta: of no importance to the home consumer, as long as there was a surplus of production. The right honourable gentleman then went into a comparative statement of the quantities of sugar produced by the old colonies in... the year 1789 and at the present time ; and also into an account of the different consumption of this country at the same periods. The produce of sugar in the old colonies — those ceded to England before the year 1763— had been 90,000 tons in the year 1789 ; and the home consumption in the same year had been 70,000 tons. The present production of those . same colonies was 140,000 tons a year ; and the consump- tion of England now was 140,000 tons a year. If we had retained only the old colonies, therefore, our supply at the present moment would just have equalled our demand.
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