Tracts of the Liverpool Financial Reform Association; 1851

Tracts of the Liverpool Financial Reform Association; 1851

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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1851 edition. Excerpt: ...of the robberies. SECTION XX. ITS EVIL EFFECTS ON THE SUGAR TRADE.. Sugar, from being a luxury, has become a necessary of life. It is more generally and variously diffused, throughout our domestic economy, than any other article not produced on British soil. That it is not produced, to some extent, on British soil, is attributable to the policy of indirect taxation; also to the protective monopoly accorded, over a long period of time, to the colonies; and, in some degree, to the protection enjoyed by corn-growers on British soil. " Assist us in maintaining our monopoly of sugar in the colonies," said the planters to the corn and rent owners, " and you will find our parliamentary interest upholding the corn-laws. You may produce beet-root sugar in England, but what will its value be to you compared with your protection to corn?" The landed interest understood this argument, and voted for an excise duty of 24s. per cwt. on sugar made from beet, or any other home-grown plant, which operated as a prohibition. This occurred in 1837, owing, it is believed, to some capitalists with improved machinery having, during the four or five previous years, entered into the culture of beet and the manufacture of sugar. At a former period, when manufactured in England, it was supposed that the saccharine matter in the white beet--that most prolific of sugar--was only ii per cent. It has been since proved to contain at least ten per cent., of which over six per cent., or about two-thirds, is easily extractable, and may be refined as well as any cane-sugar; the mucilage and fibre of the plant remain, and, united with other food, are very valuable for feeding sheep and cattle. This economical use of mucilage and fibre, in this mutton and...
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Product details

  • Paperback | 366 pages
  • 189 x 246 x 19mm | 653g
  • Miami Fl, United States
  • English
  • Illustrations, black and white
  • 1236653912
  • 9781236653918