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Updated: June 16, 2025
Out of nearly 1200 duty-paying articles, a total abolition, or a considerable reduction, was made in no fewer than 750. This was certainly a great step towards the freedom of manufacturers, Sir Robert Peel's boast that he had endeavored to relieve manufacturing industries was more than justified by this great and comprehensive measure.
On the other hand, of $1,234,147, the value of duty-paying merchandise imported during 1872 into the Islands, $806,111 worth came from the United States, $155,939 from Great Britain, and $205,396 from Germany.
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