LightReader

Chapter 1149 - Chapter 1055: The Sugar War

London.

Ten Downing Street.

"...So, this year, a total of 400,000 tons of sugar cane were produced across India." The British East India Company trade representative Harry Odell glanced at the report in his hand and concluded, "The price of this batch of sugar is over 70% lower than Paris' prices, which will lower the sugar prices in our domestic market by nearly 20%."

He was referring to British tons, approximately 21,000 tons.

Smiles of surprise immediately appeared on the faces of Grenville and several senior cabinet members, who nodded to one another in congratulations.

Finance Minister Henry Petty even took the lead in applauding.

Currently, England consumes about 2 million tons of sugar annually, equivalent to 105,000 tons, requiring a government subsidy of 2.4 million British Pounds.

This year's sugarcane harvest from India directly meets one-fifth of domestic sugar consumption, potentially reducing the annual sugar subsidy by nearly 500,000 British Pounds!

This is the end of Part One, download Chereads app to continue:
More Chapters