,000,000 to L60,000,000 annually,
augmented in part, it is true, from the natural increase of nearly one
million slaves more in the United States of America.

In abolishing slavery in the West Indies, Great Britain has besides
expended above L20,000,000; still that measure has hitherto been so
little successful, that L100,000,000 of fixed capital additional,
invested in these colonies, stand on the brink of destruction; while, in
addition to the former sums, the people of Great Britain have, from the
enhanced price of produce, paid during the last six or seven years
L10,000,00 more, and which has gone chiefly, if not wholly, into the
pockets of the negro labourers in excessive high wages, the giant evil
which afflicts the West Indies.

When the emancipation of the slaves in the West Indies was carried
amidst feeling without judgment, the nation was so ready to pay
L20,000,000, and the West Indians, especially those in England, so
anxious to receive it, each considering that act all that was requisite
to be done, that neither party ever thought for a moment of what foreign
nations had done, were doing, and would do, in consequence. The warnings
and advice of local knowledge were scouted in England, till these evils,
which prudence might and ought to have prevented, now stare all parties
in the face with a strength that puzzles the wisest and appals the
boldest.

Instead of supplying her own wants with Tropical produce, and next
nearly all Europe, as she formerly did, it is the fact that, in some of
the most important articles, she has barely sufficient to supply her own
wants; while the whole of her colonial possessions, east, west, north,
and south, are at this moment supplied with--and, as regards the article
of sugar, are consuming--foreign slave produce, brought direct, or,
refined in bond, exported and sold in the colonies at a rate as cheap,
if not really cheaper, than British muscovado, the produce of these
colonies.

Such a state of things cannot continue, nor ought it any longer to be
permitted to continue, without adopting an effectual remedy.

The extent of the power and the interests which are arrayed against each
other, in this serious conflict, must be minutely considered to be
properly understood in a commercial and in a political point of view.
Unless this is done the magnitude of the danger, and the assistance
which is necessary to be given, and the exertions which are requisite in
order to bring t