and
THE FRIEND OF CHINA AND HONGKONG GAZETTE.
THE Times AND THE GLASGOW MERCHANTS.
[Continued from our last ]
The Glasgow East India Association ask that this grievance may be redressed and that the nufacturers of Gront Britain may enjoy the legitimate advantages of free commercial interchange with China by the negotiation of a treaty based on the true prin ciples of rociprocity. They are entitled to have these advantages, The best interests of England support them in their demand, and if it be yielded, they will have themselves to blame, if they, inake a bad use of the opportunity.
If, as in the excitement of 18367 they again rush headlong into a fever of production, 'glat the markets of China as they did those of the United States and South Amerien at that memorable era, they will do it with their eyes open, and must take the consequences. But there is a vast difference between the two periods. The markets of 300,000,000 of souls are not so eas ly glutted us those of all Eu and all America joined together. There is no pa money in the Celestial Empire to inflate prices in the first instance, and to subject them to a ruinous depre ciation, in the second, The goods sent to Chi
raust be paid for in pure barter, or bullion; and the Cluña trade is thus free from the fetitions temptations and - dangers which induced our merchants to involved
ነ
J
in the crash of American credit in 1830 Ayet, too, China has not been blessed, or cursed either, with the advantages of English capital and English loans. the United States and the States of South America. Besides the wisdom learned by experience, therefore, the chief cases which led to an unhealthy and un- warranted export trade in 1836 are now destroyed and the increased demand for our goods, which would be produced by an increased consumption of the Chi- hese staple, through the reduction of the Crown duty, promises to be healthy, and calculated most clearly to create a permanent prosperity in our export trade.
The whole question is, however, ultimately conceded by our contemporary; for notwithstanding his abuse and denunciations of the Glasgow incrchant, he adds "If, however, we were, actually told that Kesken Elepoo, or Gnu, were actually engaged in negotiating a commercial treaty with Sir Henry Pottinger, by which that fair reciprocity between ourselves and China,, which the Glasgow memorialists desire, was to be definitively, and bona fule secured then, indeed, we might be well disposed to meet the Celestial proposals. in a spirit of fair and mutual concession, we have no
objection to a quid pro quo.
They simply ask a quid pro quo, and that the tariff. under the treaty of Naikin, may be adjusted in a spi- rit of
fait
it and mutual concession They have been distinctly told by official authority, that mutual tariffs are to be drawin up agreeably to an express stipulation in the treaty now in this country, and which willy waits the progress of regal etiquette to be signed by the ruler of the Central Flowery Land Thay according ly pray the First Lord of her Majesty Treasury to give instructions to the British authorities to deal with the Chinese on the enlightened principle of reciprocity and equal justice. They point out to the Right Ho. nourable Baronet that the consumption of British goods in China must be measured by the consumption of Chinese products in British markets, and that, to
create a commensurate demand for our products in the vast markets of China, it is necessary to diminish the duty now-levied on the China staple in British ports
After advancing the most absurd doctrine, that the Chinese would lay on upon their exports, the taxes which we should remit on their imported prod contemporary denies that they would allow tion of one shilling pet pound on the ten day
them to sacrifice the revenue derivable from nufactures. Nobody asks them to maki
fice. On the contrary, the Glasgo anxious that the revenue of Chin
great increase, instead of making n
ritish manufactures. They wi
ent of peace Detireen the ! ble to the exchequers and to nations.
ner
LOSS OF THE "PELIANCE" EAST INDIAMAN. *** Tue first news of the loss of the Reliance » East was brought to Dover
Indiaman, off the French Water witch' steamboat
on the 14th Nov, by the
tons burden, and was wrecked off Etaples, jo the west from Boulogne-sur-Mer. The Reliance" was 1,500 ward of Boulogne. The totul loss of life amounted to 109. Beven only were saved, six Lascars, and the car penter
The "Reliance" was homeward bound, with
au immense and most valuable cargo.
The following letters have been received at Lloyd's ::
Boulogne-sur-Mer, Nov, 120***
Sir It is our painful duty to apprize you of the total loss of the Reliance, 1,500 tona burden, Thomas Green commander, which vessel came on the coast of Merlimont last night, and went to pieces this morning. She left Canton on the 7th of May, with a cargo of we regret to add, that only about eight of ten, out ns: composing the crew and passengers have been
st
saved. The
much
colour
press we received from the coast does not
especting the survivors, we only know nter it saved, and it is from him that the other survivors are men of
Eriglish consul has just proceeded to their assistance. There were on board 75 English, 27 Chinese, and 20 Dutchman
total 122
November 13.
that the names the survivors are Robert Dixon (the carpenter), Norway Charles Baits, of Dantsic; and three Malays. The W. O'Neill, Kingston, Ireland; Johan Anderson, of Laurvig, body of Captain Green has been identified by the carpenter; als that of the fourth mate Griffin and a seaman; their remains will
be conveyed here, where they will receive the rite of Christian
burial. Gaptain Tucker, late commander of her Majesty's ship" Ins," is among the drowned Everything is being done for the benefit of the orners of the vessel. The services received from
13
Furs and peltry are the most important articles of importation on the side of the Russians. Most of these come from Siberia and the newly discov- ered islands, but, as a sufficient supply is not thus sent to St. Petersburgh and are thence despatched obtained for the Kiachta-market, foreign furs are to the frontiers Clothi, the coarser sort of which is_manufactured in Russia, while the finer sort principally comes from England,, Prussia, and France, is the second article of exportation. Cam- lets, calimancoes, druggets, white flannels, stuffs, velvets, coarse linen, Russia leather, tanned hides, glass ware, hardware, tin, talc, cattle, sporting dogs, provisions, and meal are the remaining articles, though meal is less imported than formerly, from the Chinese having extended their agriculture. On the other hand the Chinese supply the Russians with silk, both manufactured and raw, cotton, tear, porcelain, furniture, toys, artificial flowers, tiger and panther skins, rubies, colouring matters, canes, tobacco, rice, candies, rhubarb, and musk.
Trade with China is found to be exceedingly-
Sir. By advices just received from the const ye are informed profitable to Russia, as she is able to dispose of such furs as are of so little value that they would not pay the expense of carriage from the east of which are sold very dear to China, would not find Siberia to European Russia, while the richer furs, purchasers in Russia on account of their expon- siveness. They are also able to obtain from China, in exchange for these articles, which would otherwise be unprofitable, many goods which they would be unable to purchase at an advantageõus rate from the European Powers. The gross ticles as are smuggled, is estimated at 4,000,000 ninount of the average trade, including such ar roubles; the calculation for the present year, in which the contraband trade is pinitted, giving 2,863,333 roubles,
Tinies.
the horse soldiers is ut every way efficient,
We are
A ADAMS and Co. To W Dobson, Esq., Secretary at Lloyds,
The Morning Chronicle has published the following additional observations and particulars
The shipwreck of the Reliange from China to London, at
Eaples, near Boulogne, on Saturday, has created maiderable
sensation in the city. The loss of 110 persons but of the 116 on
board has cast a gloom of the most melancholy description among the merchants connected with the East India trade. Her last place of resort was St. Helena, and the parties interested in her
fate were therefore in expectation every day of hearing of her safe arrival. It appears that of the crew and passengers, numbering the amount of persons already stated, the eaved are one European, described to be the ship's carpenter, and five Lascars, who reach. ed the shore in one of the boater of the vessel. The Reliance"
was an old ship on this trading station, and had on board a cargo of ten of considerable vali besides the freightage incidental to a voyage she was in the
orming The quantity of tea he, brought was 16
which there 1,277,566lb. of congou, and
olitwankay with smaller proportions of
06.5
other descriptions Most fortunately for the insurance-offices
and undervnters in
country, their, asks upon this vessel do
not include more then from 14.000% to 15,0001. of the 195,000. for which, it is said she is insured the Indian offices, that is to say, the ins
of Canton Calcutta and Bombay, being responsible for at least 150,000 to 180,00 2. of the entire amount This mishu
pured from the Cape of Good Hope- on Saturday the late feeh
Londo
hich have occurred on the coast during have in cʻmaterial degree, depressed the
ected with our shipping, interest. The solhees, and also the underwriters, have suffer. bd by the loss of the "Abercrombie Robinson" and the "Waterloo," out, We STC Begúred, not to any serious extent.
RUSSIAN TRADE WITH CHINA,
Total of foreign exports, 1839 to 1841, exclu sive of corn from Russia.
In 1838
1939
1840
1841
Silver Rubles.
· 70,582,252
69,040,761.
68,704,971 76,099,676
The increase which took place in 1841 is ac- counted for by the extraordinary development of the relations between Russia and China during that year. The latad never before sent so large a quantity of tea to the market of Kiachta, so that the importation of that article, although very considerable during the preceding years, augmented in a remarkable proportion in 1841.
Total of imports from 1838 to 1841 -
In 1838
P839 1840
1841
Silver Rubles.
69,693,824
69,093,589
26,726,111
79,420,490
The recent extension of the trade of Russia with The gold and silver ingots or coin are not ins China, which has lately become such an object of cluded in the above amounts. In 1841 the ex- interest, is well described in a work recently transports of precious metals were 4,023,726 silver lated from the Russian of Dr. Pallas and M. Mul ler and entitled there is
the
at 18 at
of all com
ese se
Siberia. In this of the origin of to which
rubles, and the imports 0,347,867.
A very respectable correspondent has sent tous the following letters to Han
LANE TRADE WITH CHINA-In the present depressed state of the linen trado, it may be interesting to many of your, readers to know that the Russians have a considerable and increasing trade in linens with the Chinese. In the appendix to Lord Lord. annery's Tour in the North of Europe (1836-7),' we find the
Follow
eat of exports of Russian manufacture, to China, three differont penoda, from the Russian town of Kiskkiä,
Linens
Cotton stuffs Gluths
1825.
1830.
1835.
Robles.
Rubles.
Rubles
70,119
139.231
203115
1218 268.521
84.523
933,827
434,550 2,366,641
The treat recently concluded by our
llant townsman, Sir
ned the northern districts of Chine
fairly sesame
the staple produc..
that country.
hat a small
ither from our townu