Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1846-10-02

The New Orleans Commercial Times deyoles
an able and elaborate article 10 The effects OF re-
cent British legislation in the reduction OF duties
on sugar. Il shows that the stocks OF sugar IN
the markets OF the world have not accumulated;
the quantity made being equal, on an average OF
years, to the demand, and not exhibiting any i'm
porlant surplus. BY the aid Of Lord John Rus-
sells views, il estimates that The requirement ior
The present year in Europe will, stretching 10 lis
utmost The limit OF supply, be just about supplied
by farther imporlalons OF sugar. added 10 the
stock now on hand in Europe. II will, then, be
necessary 10 provide for the ensuing four years,
during which $4,000 tons additional will be re-
ouired for the kingdom of Great Britain alone
owing 10 The increased consumption in conse-
oucnce of the reduction OF The duties, TO say ne
thing Of The constantly increasing demand in the
United States and on The continent OF Europe
The Editor then assigns several striking reasons,
why the increased demand will press hard upon
the capabilities OF production which have their
limits.
"Sugar estates, as is we'll known, require some
| years 10 be brought TO a stale OF productiveness,
and the difficulty Of obtaining an increased force
| TO work them, would, in itself, be an obstacle OF
magnitude. Were it dependent entirely on the
produclveness OF this hemisphere, We should des-
| pair OF production keeping pace with demand
| From the British West Indies we can look for
no increase; our own energies will be amply
taxed 10 provide Tor our own increasing consump-
ton, and filling the vacuum occasioned by the al
traction 10 The English market OF portion OF the
produce of The Spanish and Danish islands that
has usually found sale in ours. The Spanish
islands and Brazil might supply il if they could
obtain The hands, but there is The obstacle; 10 sup
pose them capable OF ii, would be 10 suppose al
the same time vast increased ratio OF importa-
ton Of negroes from Africa, which is not likely
to take place. Their present ilnporalions OF
Africans, large as they are, only serve 10 keep
their production on level with the demand for
the rest Of the world-lhc gates OF the English
market being closed TO them. How. them can
they meet the increased demand consequent upon
the opening OF her ports"
He goes on 10 show, that there are other source,
in the East of unlimited extent, such as the
Island of Mauritius, the main land under British
sway, with population Of one hundred millions
who are large growers and extensive consumers
Of sugar, and the Islands Of Java and Ceylon
with population OF ten millions. But time is
necessary TO bring their productive powers into
action-and the Editor sees ono prospect for some
years 10 come OF the production being equal ,t
the demand"
He concludes with the following Deductions
We have referred 10 these interesting statement:
of commercial paper Of high standing, as evi
dence, that, under the new Tariff, our sugar in
erest is not likely 10 be "ruined"-and that tht
wise and sound policy Of England, in reducing
her duties, is calculated 10 have the effect offs Civ
ing new impulse to commercial intercourse
throughout, the world Is not our true ineres
enhanced by the general development OF com
nerce, and shall a nauow-minded spirit on GU
part cut us off from the rich fruits, ready 10 b,
poured into our laps7
GAS regards The effect upon prices, il may per
haPs appear 10 follow, as necessary conse
quence of our statements, THAI they must be great
~ enhanced. Such, upon The face OF the argumen