FREE BOOKS

Author's List




PREV.   NEXT  
|<   235   236   237   238   239   240   241   242   243   244   245   246   247   248   249   250   251   252   253   254   255   256   257   258   259  
260   261   262   263   264   265   266   267   268   269   270   271   272   273   274   275   276   277   278   279   280   281   282   283   284   >>   >|  
n find no purchaser at any price, it is impossible that its value should cover either the cost of carriage or the customs duty. Moreover, this tobacco tribute is a great burden on the colonial budget; which, in spite of all deficits, is charged with the expenses attending the collection of the tobacco, its packing, its cost of local transport, and half the expense of its carriage to Europe. [De La Gandara's proposed reforms.] Dated in March, 1871,--the beginning of a Golden Age, if De La Gandara's plans had been carried out and his expectations realized,--there exists an excellent statement from the Intendant-General addressed to the Minister of Colonies pointing out plainly to the chief of the Government the disadvantages arising from this mode of administration, and urging the immediate repeal of the monopoly. In the next place proof was adduced, supported by official vouchers, that the profits derived from the tobacco monopoly were much smaller than usual. The total average receipts of the tobacco administration for the five years 1855 to 1869, according to official accounts, amounted to $5,367,262; for the years 1866 to 1870, only $5,240,935. The expenses cannot be accurately estimated, inasmuch as there are no strict accounts obtainable; if, however, the respective expenses charged in the colonial budget are added together, they amount to $3,717,322 of which $1,812,250 is for purchase of raw tobacco. [Slight real profit from monopoly.] Besides these expenses pertaining exclusively to the tobacco administration there are still many other different items to be taken into account; yet the cost incurred in this branch of the service would be saved, if not altogether, at least largely, if the State surrendered the tobacco monopoly. The total of the disbursements must certainly, at the very lowest, be estimated at $4,000,000; so, therefore, the State receives only a net profit of $1,357,000; but even this is not to be reckoned on in the future, for if the Government does not speedily cease carrying on this trade, they will be forced into a very considerable and unavoidable expense. To begin with, they must erect new factories and warehouses; better machinery must be bought; wages will have to be considerably increased; and, above all, means must be devised to pay off the enormous sum of $1,600,000 in which the Government is indebted to the peasants for the crops of 1869 and 1870, and to assure cash payments for futur
PREV.   NEXT  
|<   235   236   237   238   239   240   241   242   243   244   245   246   247   248   249   250   251   252   253   254   255   256   257   258   259  
260   261   262   263   264   265   266   267   268   269   270   271   272   273   274   275   276   277   278   279   280   281   282   283   284   >>   >|  



Top keywords:

tobacco

 

expenses

 

monopoly

 

administration

 

Government

 

profit

 
Gandara
 
official
 

expense

 

estimated


colonial

 

carriage

 

budget

 

accounts

 

charged

 

service

 

branch

 

respective

 

incurred

 
largely

altogether

 

amount

 

pertaining

 

purchase

 

Besides

 

Slight

 

exclusively

 

account

 
considerably
 

increased


bought

 

factories

 

warehouses

 

machinery

 

devised

 
assure
 

payments

 

peasants

 

indebted

 

enormous


receives

 
disbursements
 

lowest

 

reckoned

 

future

 

considerable

 
unavoidable
 

forced

 

speedily

 
carrying