Page 34 - John Heard, An Account of His Life and the History of Augustine Heard & Co., 1891.

Harvard University - Baker Library Historical Collections, Harvard Business School / Heard family. Heard family business records, Volume FP-4, Folder GQ-2-2, and Volume JP-2.
Mss:766 1754-1898. Baker Library Historical Collections, Harvard Business School.
abued because he
had.
put dolll1 bie cow aDd dO£ at ext.ra'ncent pricee,
$600 and
$100,
I be11.,.e.
It
_
e .aid t.hat be cot the IIIOnll7 frOlll his
iDtI,ery with Captain l:11ot, and I lUll not lIlU'e that C.ptain !11ot wa.
not accused of aherine the plunder With
him.
It i. difficult at thi.
dhtance of
time
to undentan4 the rea.on for thla ma11cnity.
The
price. for t.he
doc
and cow are not .,e17 le.rge in a place .here they
could not be replaced, ud fe., or none, of hill
detr~tor.
would ha.,e
undercone what. he did for
$15,m.
hrhaol... WON abould be .aid about tbl fOrlll and arrllll«_nta
for do1nc buaine •• in Canton. fhey ha.,e, howu...er, been .0 wall and
fully ducr1bed b¥ Mr . Hunter
in
hil 'i'anklreP that 1t .ellllli hardq
necell&r7 to
e~
more than a tew word.. Since 1745 Canton bal been
the on17 port
ot
Cbina open to for.igo trade, aDd the Chine.e Qo.,ernment.
part17
trG&
their Jealouly of foreignere, and partl1 frOlll a delire to
protect them.elvel from
c~lication.
with foreien nat.ionl, had aur–
rounded all intercourle with 10 TEny p.ternal reltrictione that . e
were like a parcel of little bOJa who.e propen.itlel to eood suet be
Incouraged, aDd whole ullrel to do .,.11 m\l3t be re.trained within the
_
nut poulble 11mUI. W. were not allowed to CO beyond the limitl
of the factor1e. (about. lrundred yardl
,
quar.)
except to the "Honel"
(
plac.1 of bUIlne••
ot
the Rone merchant I) and for .x,rcile on the ri.,er,
:
rven the la.t .a. not
..
r.,
and
UJ;f
landiq; on the .hor•••a • .,e17 dan–
e·roua •
r~e
.,.
It.. 4e.,1led by the Chine••
tor
carr,rlq; on
tbe
for.len
trade
'.1
a mIleterpiece of wildom. In no part of the .orld could
op–
eraUon. of .uch
JIIlI&IlU~
be carried on with .0 lINCh ea...
The
only
llIIIrchant. allowed to do bu.ine .. With foreigner••ere the Rone merchanb.
'
l'be nUlllber of the.e
11'.'
limited to thirteen, and the n...ber ..e ul\\&lq
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