Problems faced by the sugar industry Essay

Topic Problems faced by the wampumpeag diligence in the British west Indies specifically Jamaica.Research head word The problems faced by the profit Industry affected the British watt Indies during the extent of 1838-1876. In light of those problems to what extent did this result in the decomposition of boodle and the economic state of Jamaica.Rationale/ AimIt is believed that the problems faced by the prize industry were caused due to the incident that the planters had a very negatively charged and spiteful attitude towards the apprentices. Also these problems were caused due to the fact that now that the slaves became new freed, they did not want to return to the farming exercise. Due to the abolition of bondage the peag industry saw a rapid decline in the production of sugar.Reading and researching this topic sparked much interest in the researcher. To decide that something so successful become unsuccessfully so quickly showed that anything is possible. The esta blish being done will hopefully give the researcher and guild a better insight to the struggles in which the British Sugar Industry faced during the period of 1838-1876.IntroductionTopic Problems faced by the Sugar Industry in the British West Indies specifically Jamaica.Thesis report The problems that the sugar industry faced led to immense problems in the British West Indies.This essay examines the problems in which the sugar industry faced during the period of 1838-1876. The Planters in the British West Indies Acquired Large sums of coin from the ever rowing and popular sugar industry. Due to the abolition of slaveholding in 1838 Labour that was needed for the production ofsugar decreased quickly and so did the profitable income the planters once received.Soon because of the miss of savvy estates became throttle. There be specific factors that contributed to the problems that the sugar industry faced. These factors are Capital, Labour, Technology and Free Trade.Labour-Now that slavery was abolished, there was an increase in the price of slaves and this caused an uncompetitive rise in the price of sugar. Due to this labour became scarce and expensive. Some planter continued and hired ex-slaves to work for them and they had to pay up them wages. These wages accounted for as much as two thirds of the total damage of production. Some slaves did not return back to the estate in which they worked on instead they got republic for themselves and cultivated their own crops. This caused a number of territories to commence e a significant decline in the production of sugar in the first thirty (30) years of emancipation. These territories were-TerritoriesPercentage ReductionSt. Vincent25%British Guiana40%Grenada50%JamaicaDecreased three times the pre-emancipation aimCapital The planters lacked capital in which they needed for wages and labour saving(a) equipments and equipments. Up until the end of this period Majority of estates still used the alike ol d techniques. The wage level was considerably high in territories where land was available and where peasantry was developing well. Two territories associated with this are Trinidad and British Guiana who were in the elaborateness and establishment process.By 1854 a number of estates became encumbered due to the fact that the planters were filled with debt. The lack of capital forced them start of production because they could not repay their debts. Jamaica and Grenada had the highest amount of abandoned estates. The fact that these estates were encumbered their value fell tremendously. In some cases estates owed their taxes and because of this government workers could not be paid the salaries.Technology emancipation gave rise to the use of Machinery. Some of the planters act items of machinery such as the centrifugal systems the plough, harrow and vacuum pans on their estates. Others introduced the railways. Trinidad, British Guiana and St. Kitts introduced steam mills. Also so me planters being in debt could not be able to afford the machinery they needed for production. The enslaved also would abuse and destroy estate equipment which is known as industrial sabotage.Free Trade Before equalisation there was no help to the West Indian interest. The price of sugar fell almost immediately from 33-25/10d per 50 kg. Due to the fact that the side of meat would not lend money to any companies and banks that specialised in Caribbean issues, by 1847, 13 leading West Indian companies became bankrupt. The Planters Bank in Jamaica and the West Indian Bank both closed for good and because of these planters could not sweep up money to cover their losses.Around 474 sugar and coffee plantations went out of melodic line in Jamaicabetween the years 1846 and 1852. By the year 1858 Grenadas sugar production was half that of the last year of slavery and Montserrat, St Vincent and Tobago were two thirds. after the Equalization act was passed, Planters tried to reduce cost b y lancinating wages by half, to this the labourers did not sit still. Due to the many protests that were occurring on the planters estates they tried to compensate the workers for the loss of their earnings.CONCLUSIONThere were many problems in which the sugar industry faced and they had very negative effects on the Caribbean. These problems made the researcher realise that anything successful can really be unsuccessful and it doesnt matter what time it is. Although the sugar went through a lot of problems after the year of 1876 and the planters were allowed to get immigrants to work for them on their estate, the sugar industry would try to make a comeback through this.BIBLIOGRAPHYwww.notesmaster.comCaribbean Revision tarradiddle for CxC- Peter Ashdown and Francis HumphreysCaribbean History Foundations Bk1- Claypole, William and Robottom, JohnCaribbean History Theme TextAdjustments to Emancipation 1838-1876- Veta Dawson