32
29
The term 'comprador' in Chinese history is quite argumentative. In late Qing times it referred to a commercial broker, an agent and employee of a foreign firm. With the rise of Chinese nationalism in the Republican period, the meaning was gradually expanded beyond its original sense to include politics in a negative meaning or collaboration with foreigners of serving interest of imperialists. In Chinese Marxist scholarship, comprador has taken on a political meaning. See Jung-fang Tsai (1981), The Predicament of the Comprador Ideologists, pp. 191-7. However, economic historians such as Wang Jingyu, realizing the role of Chinese merchants in the economic development of the nineteenth century, said they included compradors who had large investment in modern enterprises, been active in huashang fugu huodong as well as buying capital in from foreign aggressive enterprises. See Wang (1965), Shijiu shiji waiguo qinhua qiye zhong de huashang fugu yundong (The Activities of Chinese Merchants to Buy Capital-Shares from the Foreign Aggressive Enterprises in China During the Late Nineteenth Century) and (1983b) Shiji xifang ziben zhuyi dui Zhongguo de jingji qinlue (The Economic Invasion of Western Capitalism on China in Nineteenth Century), pp. 483-526.
10 Xu Run, Qing Xu Yuzhi xiansheng Run zixu nianpu, pp. 4-5.
31
As Xu himself stated, the estimate value of this amount after discount should be 3,219,470 taels. See ibid, p. 68.
17 Other investments, though the amounts are uncertain, can also be ascertained from his autobiography. They are: a pier company at Guangdong, a grocery at Shanghai; also silk cloth shop, tea shop, partnership in Huya'an Insurance Co., Huaxing Insurance Co., Difeng Co., Shanghai Land Investment Co., Ltd., Shanghai Tramway Co., Xunhuan Newspaper in Hong Kong, a water works, and Tongyi cultivation company in Guangdong. See Qing Xu Yuzhi xiansheng Run zixu nianpu, preface.
33
See Liu Kwang-ching (1962), Anglo-American Steamship Rivalry in China, 1862-1874, p. 155.
14
See Hao (1970a), p. 100. As Xia Dongyuan found that in the Zheng's zhushu (will) written in 1914, Zheng regarded 4,088 taels the interest from share-stocks as one of his main sources of income. See Xia (1985b), p. 268.
35 See Zheng Guanying, Zhi Li Zhaomin Fangbo lun zhuang Lundun Hongyuan Gongsi (Letter addressed to Li Zhaomin in discussing the founding of Hongyuan Company in London), in Xia Dongyuan (1988a), pp. 507-3; Wu Chang-chuan (1974), pp. 86-8.
36 As Wang Shui has concluded from various sources, during 1840 to 1894 Chinese compradors had accumulated a total income of about half a billion taels, see Wang (1983), Qingdai maiban shouru de guji jiqi shiyong fangshi (An Assessment of Compradors' Income and Its Spending Ways in Qing Dynasty), pp. 298-307.
37 See Thomas G. Rawski (1970), Chinese Dominance of Treaty Port Commerce and its Implications, 1860-1875, pp. 451-73.