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strated, by the amount of compensation actually paid for them, to have had a value as slaves, under the averages of the commissioners, amounting to 160,500l.; while the lands, works, and buildings, are usually taken in British Guiana at as much more. This proprietor has received 72,400l. as compensation money, leaving 227,600l. against the estates. He would gladly agree to dispose of his interest in them after 1840 for 100,000l. payable at that time; leaving a loss of 127,600l., or about 42½ per cent, on the entire value. And this I believe to be in every respect an advantageous case.
Sir, I have laboured this point hard, at the risk of wearying the House, because I feel that if the West Indians had really enjoyed a gainful bargain, and this in addition to being charged with a broken engagement, that new circumstance would have added a deeper dye to the baseness of which they are accused.
And I must still make reference to the most authentic mode of proof, namely, the general returns of produce and revenue for the colonies, from, their great export, that of sugar, for which there has been a tendency to sacrifice every other article.
I take accordingly the quantity of sugar imported into this country, and the Gazette average price, first in the year 1814, where the proceeds were highest; next in the years 1816-18, after the peace; (in both these cases the Mauritius is excluded from the returns;) thirdly, in the years 1832-4, a period of great
