Home / FT Lite/ Trading rubber for over 100 years

Trading rubber for over 100 years


Comments / {{hitsCtrl.values.hits}} Views / Saturday, 15 December 2018 00:00

Facebook

 

I cannot recall when we first leant that tea, rubber and coconut, in that order, were the main exports from Sri Lanka. Repeatedly we learnt in class about these products earning foreign exchange for the country. In recent years the picture has changed with other exports coming on the scene. Still while tea occupies the first place, rubber has dropped to third place where export earnings are concerned.

This year is a significant year for rubber. It celebrates the Centenary of the formation of the Colombo Rubber Traders Association (CRTA) to deal with the trading of rubber. That was 27 years after the Tea Traders Association was launched under the auspices of the Ceylon Chamber of Commerce. CRTA was launched on 27 November 1918.  

Prior to the formation of the Association, in 1891 the Chamber of Commerce created a committee to look after the interests of the rubber trade. That was when a rapid development of the runner industry was noticed. The years that followed saw further development necessitating the formation of a bigger organisation leading to the inauguration of the CRTA.

The Founder Chairman was J. Lochore of Carson & Co. Ltd., who was supported by a committee comprising buyers and sellers. Later the brokers were invited to join the Association and to nominate a representative to serve on the committee. 

Being the era of British rule with Europeans dominating the plantations as well as the commercial scene, there was excusive representation in the committee. It took almost three decades for the first Ceylonese to be elected to the committee. He was S.L.T. de Silva of C W Mackie & Co. Ltd., representing the buyers.



The CRTA’s centenary has been marked with the issue of a stamp by the Philatelic Bureau. 

Tracing the history and progress of the CRTA, the Stamp Bulletin states that over the years, the CRTA performed, and continues to perform, manifold noteworthy functions on behalf of the rubber industry, taking the lead in numerous initiatives that have enhanced value addition, ethical practices, environmental considerations and sustainability.

Origins

The history of the rubber industry in Ceylon, as Sri Lanka was then known, dates back to 1876, when the first rubber seedlings were planted at the Henaratgoda (Gampaha) Botanical Gardens. The first tree is no longer there – it had been destroyed during the 1988 cyclone. 

 The name board where the first tree was reads:

 First Rubber Plantation in Sri Lanka No.1

Hevea Brasiliensis Para Rubber (Brazil)

Introduced in 1876

Destroyed due to cyclone in 1988

The Planter’s Association, in a note on the rubber industry states: 



During the period of transition from coffee to tea, experiments in a new product, rubber, were being carried out. These experiments proved that various types of rubber yielding trees would flourish in Sri Lanka. However, the industry can be said to have had its birth in 1876 when 1,919 plants of Hevea Braziliensis – the native rubber tree of the Amazon Valley – were received in good condition at the Heneratgoda Botanical Gardens from Kew. It is from these mother trees that the gigantic rubber plantation industry in the Eastern hemisphere sprang. 

Of the trees planted at the Heneratgoda Botanical Gardens in 1876, the first one flowered in 1881, on which the first experiments in tapping were commenced.

The rubber plantation was thinned out in 1882 and from the 260 seedlings raised the following year and distributed in Sri Lanka, the first spread of commercial rubber planting began. The trees at Heneratgoda were thinned out periodically and by 1887 there were 457 good trees standing which provided the seed for further plantings. 

In 1890 the Forest Department opened a plantation at Edangoda and by 1893 some 90,000 seeds were distributed for planting and similar numbers were sold in succeeding years.


Share This Article

Facebook Twitter


DISCLAIMER:

1. All comments will be moderated by the Daily FT Web Editor.

2. Comments that are abusive, obscene, incendiary, defamatory or irrelevant will not be published.

3. We may remove hyperlinks within comments.

4. Kindly use a genuine email ID and provide your name.

5. Spamming the comments section under different user names may result in being blacklisted.

COMMENTS

Today's Columnists

Difference between a woman and a man (yin and yang) and finding solutions to violence in society

Thursday, 18 July 2019

This is not at all a philosophical discourse on gender differences, or the complementary roles of yin and yang (women and men) in social or biological formation. This is also not to speak about who is superior among the two. This is just an observati


I wish Sajith Premadasa had taken up a challenging ministry to showcase his prowess

Thursday, 18 July 2019

Expectations, father and son Sajith Premadasa has put his hands up for leadership in the party and for nomination by the United National Party in the forthcoming presidential elections. I wish Sajith had tested himself, and had given the public a cha


Foreign Affairs and Defence to be one portfolio?

Thursday, 18 July 2019

Unless we are all suffering from dementia, the last experience with a foreign military on our soil should be very clear in our heads. The Indian Peace Keeping Force landed in Sri Lanka to supposedly bring peace to the war-torn country when the LTTE t


Federer lessons for Sri Lanka tourism

Thursday, 18 July 2019

The Wimbledon Men’s Final in 2008 was termed as the best match the world has seen between the two arch rivals Federer and Nadal. But, what we saw last Sunday between the two of them after 11 years sure shocked the world. Many just asked the questio


Columnists More