The Molasses Act and the Market Strategy of the British Sugar Planters

Abstract

In The past few decades several approaches have been adopted with respect to the Molasses Act controversy of 1730–1733. It has been considered from the standpoint of Anglo-French commercial rivalry; as a conflict between two British colonial regions; as a measure designed to aid one group of British colonies at the expense of another; and as a source of precedents for parliamentary taxation of the colonies on the one hand and the colonists’ refusal to comply with such taxation on the other. While the trade between North America and the French West Indies was the chief target of attack, it is not always realized that proponents of the Molasses Act had other objectives in mind. British sugar planters were not only at odds with North American merchants who traded with the foreign sugar islands, but also with Irish merchants who pursued a similar course of trade and with the buyers of sugar in England. Failure to achieve results by means of restrictive legislation in one area did not necessarily preclude success in others. The controversy needs to be understood in terms of the international sugar economy, the changing nature of the British market for sugar and rum, and the planters’ attempt to adapt the Navigation Acts to these changes. From the planters’ standpoint, the Molasses Act was only one of several measures that were needed to adapt the Navigation Acts to the realities of the market, so it may be unrealistic to consider any one act in isolation.