38? 



expenses will not fall short of 750,000. Two- 

 thirds of the profits, or 1,000,000, will probably 

 go to increase the capital of England ; and one 

 third, with the whole of the working expenses, or 

 1,250,000, that of India, thus, in this respect, 

 making a tolerably fair division of benefits. Every 

 acre of ground put under tea in India, now 

 adds .25 to the revenues of England. Nor 

 need the objection be raised that the quantity of 

 tea shipped from China, will be reduced by the 

 quantity shipped from India. It is an established 

 fact in economy, that Supply influences Demand, 

 and the capacity of the World to consume Tea, 

 appears to be so enormous, and to be increasing so 

 rapidly, that there seems little doubt, that by a 

 slight reduction in duty, it may be multiplied almost 

 ad libitum. By the reduction of the prohibitive 

 duties prior to 1784, the quantity of tea consumed 

 in Great Britain, was trebled in two years. In 1783 

 the quantity of tea sold at the East India Com- 

 pany's sales, amounted to 5,157,883 Ibs. In 1785, 

 it reached 16,307,433 Ibs. The quantity of tea im- 

 ported into Great Britain, in 1833, was 32,057,832, 

 Ibs, and in 1858 it was 75,432,578 Ibs.* I have not 

 ot the Trade Returns of last year, but from the 

 circulars of Messrs. W. J. & H. Thompson for the 

 months of the first half of the year, we have data 



* The quantity of tea re exported was, in 1833254,460 Ibs, and 

 in 1858, 7, 249,276 Ibs. 



