In order to fully understand the concept of The Presidency, one has first to understand what the events were leading up to this period in our history. From 1764 – 1848, the TCI experienced the years with The Bahamas. There were two critical problems as it relates to the relationship between The Bahamas and the TCI: (a) economic and (b) political.
The TCI was a salt producing economy. The Bahamas accrued tremendous financial gains from this relationship. The main contact that the TCI had with the Bahamas was on the occasion when the tax collectors came down annually to collect taxes on the salt that was produced in the salt ponds. The islands experienced high levels of taxation on salt exports, which they strongly resented. There was further resentment when the Bahamian government imposed legislation to enforce these measures.
|published in TCI News on 30th of April 2012|