Shanghai Stein, write do
Stein, will do no more valuable hostages than place by
In the hand of an insidious and perfidious Government, and
boot to
What may be taken to be a certainty, maybe
that the impatience of our merchants, and the perfidy of the
Chinese, will rapidly induce new troubles.
It would be consistent with the genius of our policy, and the feelings of our own people in such circumstances to want more than they had any just right to expect; and it would be still more characteristic of the Chinese only to give the least they could, day by day.
To endeavour to revive all their objections and almost obsolete pretensions in the matter of trade restriction to the Settlement in factories, more particularly whilst the Opium question remains unsettled, seems in my judgment to be totally unwise, and might prove disastrous, with the least regard to the most obvious considerations of prudence and safety, either in respects the merchants, or the least hope of maintaining a state of peace between the two Countries.
The 3rd Stead is, the cession to the British Crown of an Island on the Eastern Coasts of China, as an alternative to this, or declared liberty and privileges of trade to British Subjects.
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