ten years her own time she will grow Opium, destroying Indian Opium Revenue, weave silks for the world, extirpating the French industry, and manufacture Cottons for herself and the East, ruining Manchester and the manufacturing lease of England. Her merchants have opposed native combination to foreign competition systematically, persistently and successfully after another; foreign houses at the Treaty ports are closing, foreigners disappearing and the increasing trade passing into the hands of the Chinese -
and one she has now her line of 482 steamers along the Coast, the Yangtze and ... few years must drive off foreign steamers; she is about establishing lines to Europe, America and Australia, and in time must secure a good deal of what is foreign traffic; she is about to open large firms in England and America, and, having here in China chased off foreign distributors and retailers, will take from English and American Merchants (properly so called) much of the Import and Export business of China.
What