Page 24 - Merchants and Mandarins China Trade Era
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10.
specie for teas and silks plus the opportunity of stopping at
other ports en route to Canton to trade. For a country as
young as the United States in the 1780's, possessing a trade
at Canton equal to that of Europe's was an achievement. Shaw
noted that European merchants at Canton "viewed Lthe American
trade7 with no small degree of jealousy. 11 9
American merchants entering the trade after Shaw's
voyages to China, however, discovered that his predictions did
not bring the expected profits. Instead, toward the end of
the decade, American voyages were less successful than antici
pated, and apparently American trade to China could not expand
indefinitely. One reason was the American market itself.
Although the new country's population promised growth, its con
sumption of Chinese teas did have limits. More importantly, so
did the sources of American ginseng. At first specie supplemen
ted ginseng in the inward cargo. But the United States in the
10
1780's could hardly afford any loss of specie. As an example
of the change, the voyage of the ship "Massachusetts" in 1790
was very different from that of the "Empress of China" only
six years earlier.
Major Samuel Shaw, Supercargo in the first China ad
venture, was the principal owner of the "Massachusetts." A
former aide-de-camp to General Henry Knox, Shaw had received an
appointment as the first American consul to China in 1786. By
1789 he had returned from his second voyage to Canton on
9
Journals of Major Samuel Shaw, p. 252.
10
Latourette , "Early Relations between the United States
and China, 11 pp. 27-28.