British Relations With the Chinese Empire in 1832

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Excerpt from British Relations With the Chinese Empire in 1832: Comparative Statement of the English and American Trade With India and CantonTo enable them the better to prosecute this valuable commerce, the East India Company sought and obtained permission to build a factory at Canton, where their agents were permitted to reside six months in the year - a favour specifically accorded as a matter of compassion to fo reigners, who are carefully debarred all intercourse with the interior of the country, a dread being entertained that the introduction of Europeans to settle in China, would lead (according also to ancient prophecy) to the total subversion of the empire.Other branches of trade were subsequently added to that of tea. In 1773, the East India Company made a. Small adventure of opium from Bengal to Canton, and the consumption of Opium increased as rapidly among the Chinese, as tea did among the English, until it now yields (although a contraband trade, ) Spanish dollars and pays a revenue to the Indian go vernment of sterling! This trade, scarcely less extraordinary than that of 'the Chinese herb, is one, be it remembered, if there be any gratitude left in England, for which Great Britain also stands indebted to the East India Company. Raw cotton forms another extensive ar tiele of export to China t it is in general a less profitable remittance than bills of exchange, but the exportation is encouraged for the benefit of the Indian territories.About the PublisherForgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.comThis book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully, any imperfections that remain are intentionally left to preserve the state of such historical works.