Page 181 - Merchants and Mandarins China Trade Era
P. 181

167.

                    He  loaded  the  vessels  with  China  silks  and  nankins,  exports


                    formerly  supplied  Spain's  colonies  by  the  galleons.  Cushing's
                    captains  had  orders  to  sail  first  to  the  Chilean  ports  of


                    Coquimbo  and  Valparaiso  and  then  to  Peruvian  ports  if  they

                    were  open,  while  the  supercargo  had  "orders  to  return  the  pro­
                    ceeds  in  Gold,  &  Silver  bullion  or  dollars  as  maybe  Lsii/


                    most  advantageous."          Strife  and  hostilities  were  still  rife  in

                    Chile  and  Peru,  but  such  prospects  did  not  trouble  Cushing.

                    In  writing  to  his  Boston  partners  for  insurance  on  the  vessels

                    bound  for  South  America,  he  claimed  that  "there  appears  a  very

                    favorable  chance  of  doing  something  handsome  there  &  with  but

                    little  risk,  the  Royalists  as  well  as  the  Patriots  suffer  Arner-
                                                                                 27
                    ican  vessels.         .to  trade  at  their  ports."

                               Cushing's  optimism  began  to  dim  when,  after  fifteen

                    months,  no  word  of  the  vessels  had  reached  Canton.  In  June

                    1821  he  again  wrote  to  Boston  concerning  the  South  American

                    ventures,  but  this  time  he  fretted  they  might  not  end  well.

                    "It  is  quite  time  that  some  of  the  ships  that  went  from  here

                    last  season  should  be  back.  We  fear  that  Embargoes,  Impress-




                    (Carrington  consigned  trade  to  Perkins  &  Co.  as  well  as  S.
                    Russell  &  Co.,  even  though  he  was  a  major  partner  in  the  latter
                    house.)      Samuel  Wetmore's  nephew  Williaro  S.  Wetmore  began  his
                                                               1
                    career  as  E.  Carrington  &  Co.  s  agent  at  Valparaiso  in  the
                          1
                    1820 s.      In  1833  he  went  to  Canton  and  founded  Wetmore  &  Co.,
                    one  of  the  four  major  American  houses  at  Canton.  His  major
                    partner  was  his  cousin  Samuel  Wetmore,  jr.
                               27
                                                                                           k'
                                  Letters,  Per     k'  ins  &  Co.  to  J.  &  T.H.  Per  ins,  Apr.
                    17  and  Apr.  20,  1820,  Perkins  &  Co.  MSS.
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