Page 198 - Merchants and Mandarins China Trade Era
P. 198

184.

                  since  the  demand  at  Manila  for  English  goods  was  so  large  as
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                  to  allow  profit  for  everyone.

                              Because  of  the  co-operation  given  American  merchants

                  by  English  manufacturers  and  merchants,  the  East  India  Company

                  could  not  prevent  the  expanding  American  trade  in  English

                  goods.  This  was  especially  true  in  a  market  like  Manila,

                  where  Company  ships  did  not  even  appear.  American  merchants

                  nevertheless  remained  very  conscious  of  Company  trade  at  Can­

                  ton.  These  men  knew  that  a  large  share  of  their  profits  in
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                  the  China  trade  were  made  at  the  expense  of  the  Company.

                  They  were  very  sensitive  to  the  statistics  of  volume  and  value

                  of  trade,  of  their  own  and  of  the  Company,  for  each  season  at

                  Canton.  In  1825  Americans  became  incensed  over  what  they

                  considered  a  major  threat  to  their  home  markets  by  the  Company.

                  Aware  of  the  Directors  in  London  having  sent  out  extra  ships

                  to  Canton  with  orders  to  carry  teas  to  Canada,  Americans  were

                  certain  these  cargoes  were  destined  to  be  smuggled  into  the

                  United  States  from  Canada.  The  East  India  Company  supplied  all

                                                                                                     1
                  tea  to  Canada,  still  a  possession  of  England  in  the  1820 s.
                  But  Americans  at  Canton  concluded  that  Canadians  could  not


                  possibly  consume  all  the.extra  tea  being  shipped  there  since,

                  as  one  American  reasoned,  a  great  percentage  of  Canadians  were


                              60
                                 Letters,  T.T.  Forbes  to  S.  Williams,  Dec.  29,  1825,  and
                  T.T.  Forbes  to  J.  &  T.H.  Perkins  &  Sons,  Jan.  1,  1826,  Forbes  MSS.

                              61
                                 of  the  average  value  of  American  imports  to  China
                  during  the  period  1821-39  ($2,400,000),  about  $2,000,000  repre­
                  sented  foreign  merchandise.  U.S.,  Congress,  House,  Committee  on
                  Foreign  Affairs,  China  Trade,  H.  Doc.  248,  26th  Cong.,  1st.  sess.,
                  1839-40.
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