INDIGO. 



49 



lose part of that estimation, upon which its cur- g^^tar 

 rent and favourable sale must in a certain degree 28 Aug. isoo. 

 depend. 



11. This state of the trade was, in fact, pointed 

 out in our letter of the 27th July 1796. A view 

 was there given of the progressive increase in the 

 importations into this country from all quarters, 

 from the year 1792 to the year 1795 inclusive, 

 which was as follows : 



lbs. lbs. 



1792 fromall parts 1,867,554 ofwhich from Asia 501,827 



1793 1,896,702 881,854 



1794 2,829,494 1,364,620 



1795 4,368,027 2,955,862 



12. From this view, which exhibits the rapid 

 increase in the proportion of Asiatic indigo to the 

 whole importation, we were led to consider the 

 probable annual demand in this market and the 

 proportions of different qualities suitable for it. 



13. The conclusions drawn from the accounts 

 respecting the first of these articles were, that the 

 total of the annual demand might be then taken at 

 2,600,000 lbs., of which above one million went 

 for the home consumption, the most certain part 

 of the demand; that unless India could reduce the 

 share of the trade possessed by America and ^' 

 Spain, she could only calculate on supplying one- 

 half of the whole demand of this market; and that 

 even the chance of doing this would be very 



E seriously 



