team engine and kettles, &c. will cost
$5,000.
"There are employed on the sugar plantations (independent of
the cotton estates) 22,000 horses--value $1,500,000. These are
to be renewed every seven years, or it will require $200,000 a
year to supply the market. There were purchased in 1827-8,
2,500 horses--in 1828-9, 2,800--in 1829-30, 3,000 horses.
"Of the 100,000 hogsheads of sugar made in Louisiana, 50,000
hogsheads are transported up the Mississippi in steam-boats,
for the supply of the Western States, who obtain it in exchange
for their productions. Here, then, there is an internal trade
of five millions, created in the Western States.
"The remainder of the sugar is transported coastwise by our
vessels, to the North, to restore the balance of trade with
that quarter, as well as with foreign nations.
"Thus every interest of agriculture, manufactures, commerce,
and navigation, connects itself intimately with this object.
"The sugar is indeed made in Louisiana, but a portion of the
money on which the establishments are founded, the whole of the
labour by which it is produced, the chief supply of food, and
the entire amount of clothing, and the transportation of the
article, are furnished from the different states."
A prospect is reasonably held out of the reduction of the price of the
article, by continuing the protection, to a point as low as need be
desired, or could be obtained if we were to depend upon a foreign
supply.
"When the estates are paid for, and the general diminution of
value in other things takes place, with the improvements in
machinery and other causes, sugar will be profitably made at 4
cents, and that is about the price at which we purchase it now
in the islands: at that price we can, after supplying this
country, enter into the general market of the Baltic,
Mediterranean, and Black Seas."
On this part of the case a more satisfactory ground is taken; and it is
made manifest, by authentic documents, that since the production of
sugar in Louisiana, with the duties by which it is protected, a
reduction has taken place in the price of the article, of _one-half_.
The results of the tables annexed to the letter are thus given.
"The protecting duty on sugar, besides opening a new field of
industry, diverting a large portion of labour from
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