The history civil and commercial of the British colonies in the West Indies. Vol. I-2

Page 27

230 BOOK II.

HISTORY

OF

THE

The medium of our imports (l) from Ja- £. 539,499. 18. 3½. maica, in the fame year, is So that the annual excess of our imports, in that period, is no less than - 391,824. 15. 11¾. it must not be imagined, that this excefs is a debt upon Great Britain to the island of Jamaica; a part of it must be placed to the account of Negroes, and other goods, lent to the Spanish. Weft Indies, the produce of which is returned to England by way of Jamaica; another part to the debt due to our African traders from the people of Jamaica, for the Negroes which are purchased and remain there for the service of the island; a third proportion must be placed to the account of our Northern Colonies on the continent of America, who discharge part of their balance with Great Britain by consignments from Jamaica, arising from the provisions and lumber with which they supply that island; the remaining part of the excess in our importations from this colony, is a profit made upon our trade, whether immediately from Great Britain, or by way of Africa; and lastly, it is a consideration of great importance in the general trade of Great Britain, that part of the sugar, and othermerchandize which we bring from Jamaica, is re-exported from hence, and helps to make good our balance in trade with other countries in Europe.” " BUT

mentioned the trade which is carried on between this island and the Spanish territories in America, some account HAVING

(l) The Custom House prices of goods imported, are considerably lefs than the real or mercantile prices—perhaps, in general, about onc-third.

1

of


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