certain local obstructions which I shall

notice by

and

bye, than upon any foreign

or rash experiments on

the part of the

No one capable of estimating

Government —

our

true interests in this

Country:

could for

a moment complain of a treaty which, though

the prospects of Hongkong

it destroyed the centres of our trade with China, opened

to us in compensation a thousand miles of

sea Coast,

very

an ...

four.

new entre-pôts

at the

thresholds of the producing districts - the

... insisted on is the fact that the

only thing inserted,

treaty did ...

:ding Settlement;

trading

its prospects as a

a great

the

only thing to

that in the face of the

be complained of in that in

capital reverse operated in its position by that treaty, both Ministers and Merchants

should have still continued to

...

on

in ...

Judge

the prodigious expectations originally

formed of it; and

one ...

& ...

dreaming about ... out an impracticable

it, and scheme.

so ...

traffics for it; as

though no change whatever

occurred to traverse their spe...

had

Now.

...

lations

I now proceed to argue why the Colony

never could have had

...

share in the any

319

An ...

Commerce between Great Britain

& China,

Once

the north east Coast was

opened — in other words to show that the

prodigious promises

So

boldly staked upon it after the Treaty of Nanking),

It

were built upon the Sand.

was the first and most obvious effect of that Treaty, in opening up all the

littoral provinces of China to British trade,

to

make that trade a direct one with China itself, and not an intermediate trade through a British Colony upon its borders. Once the whole coast was open

...

it surely

as the natural course of things, that our shipping

should resort direct to it, and

that the natives should bring their produce to the nearest port where the foreign

...

vessel

was waiting for it with the exchange,

...

but to expect them to bring it to Hongkong

and

to expect

...

under such circumstances,

ships to wait here for it

...

farther,

to ...

what more

absurd than it would be to expect the

American

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