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.
co)).tl)).ued to Co 0)), at Canton as thou&h all "u peace.
The
Ell&l1lh wen
too arur:lous to collect the tea duUe.
in
EDgl8lld to l)).terfere with
it.
and had eTidenU¥ decided to let trade proceed a.
1
a'Uel.,
and brine force
to bear 0)), the
~erial
GoYlrnweut by attack'ng the citle. 0)), the cout
and on the Yangtl,e BiTer. China ..1 )).ot 10 well underltood then as it
Camtl to be 111 later timel.
If
it
had
been, they would haTe gone at once
to Peking. Still the calculation wal only half bad. Several citiel 0)),
the CGalt were teken. with great 10.1 of life to the Chinese, and finallf.
when Nsnkin fell, the Chlneae pve in and a treaty wal lllade by whicb
Chine agreed to p&¥ $21,000,000
'1
indemnity for the lou of the opi\1ll
and for the expensea of the war. The old 8lld plulI8.Ilt Hong lYstem was
abolished, four other port. than Canto)). were
thro~
open to foreign
tradl and the old regime
11'&1
at an end. one rel'Ult the JCnglhh did not
anticipatl. They l\1Ppoled that an snormou. IIl&rket for EIl&l1th goodl
would 1m:IIediately opeD i)). China, and lhipmentl were poured in to IlUCh
an extent that
baa","
loelel were incurred.
The
yeu
following the open–
inc of trade was one of
the
moat diealtroue that
had
ever been known to
the I:nglllh ill. China
an~
it
elned tbelll right, for. more unJuet war
wae ne1"er waged, .yen by
them,
which h l8,Ying not a l1ttle!
The object of the war wal to relIeve the finance I of India
by cOlllptllling the ChiDete to b\1¥ Indian opium.
Of
eour.. other reasonl
were put prOlll1nently forwud, lueh al the haught,. and inwlUng ton.
adopted by the ChiDele ill. all their dealingl with foreignerl, the re_
ItricUonl on trade, and the cla1Dl that )).0 CO'l1lltI')'
had
a right to
Ihut itlelf out frOlll
c~ercial
i)).tercouree
with
the reat of the world.
There
ma,y
baVI bee)). something in thh, bu.t
it
ahould be rft1lJ8'!'l\bered that
China W.I their
own,
and they
had
a right to dictate the terma of lnte%"–
course. It 1. all very well to 110/ that 110 eountI')' hal a right to
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