Page 295 - Merchants and Mandarins China Trade Era
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281.
peculiar conditions also of social life were doomed, as was
that perfect and wonderful organization, the Co-Hong. " lOO
American merchants at Canton had profited well in trade through
the Co-Hong, but witnessing the English successfully forcing
a change in the trading system, they hastened to become part
of it.
100
Hunter, 'Fan Kwae' at Canton, p. 153.
