148
WEI PEH T'I
holding the Co-hong responsible in cases of inability to pay on the part of the individual merchants. When Conseequa died bankrupt in 1822 owing 22,528 taels in unpaid duties to the Canton Customs, and 172,207 dollars to foreign merchants, Juan Yüan took action. Conseequa's property in Canton was confiscated and sold for 22,354 taels. Another 174 taels were underwritten by other hong merchants. This amount totalling 22,528 taels, was paid to the Canton customs. Although Conseequa's son was not held responsible for his father's business failures, he was nevertheless blamed for "letting things deteriorate further after his father's death". He should have made arrangements to settle his father's debts to the foreign merchants, thus avoiding the ensuing problems. He was, therefore, to forfeit all his property in his native province, Fukien, as well as the title and privileges his father had purchased for him in 1820 through the chian-na system. His debts to the foreign merchants were to be assumed by the other hong merchants who, in turn, were to take over the business of his hong. In making decisions to discipline the hong merchants, Juan Yüan sought to control the foreign traders at Canton.
18
The working relationship between the hong merchants and the foreign traders at Canton was in general a cordial one. The language used in foreign trade was English. There were interpreters on both sides known as "linguists" to the foreigners. The best known foreign linguist was Dr. Robert Morrison. The hong merchants themselves tended to use "pidgin", a mixture of Chinese, English, Parsee and Portuguese. The foreigners thought that the hong merchants as a whole were “honorable and reliable in all their dealings, faithful to their contracts, and large [as opposed to narrow] minded". As exemplified by the existence of the Consoo fund and advances in both directions, foreigners and the hong merchants worked well together under ordinary circumstances. Puiqua was especially known for his generosity. Despite being caught himself in cash shortage situations from time to time, at least once he tore up a 72,000 dollar promissory note signed by an American merchant who, because of the note, had been stranded in Canton. In cases of dispute between the foreign and hong merchants, settlements were usually made by arbitration.
It was in criminal cases that the hong merchants' position as intermediary between the foreigners and the Chinese government took on special significance. If the issue at hand involved jurisdiction over a foreigner who had caused the death of a Chinese, a crisis situation invari-
148
WEI PEH T'I
holding the Co-hong responsible in cases of inability to pay on the part of the individual merchants. When Conseequa died bankrupt in 1822 owing 22,528 taels in unpaid duties to the Canton Customs, and 172,207 dollars to foreign merchants, Juan Yüan took acton. Conseequa's property in Canton was confiscated and sold for 22,354 taels. Another 174 taels were underwritten by other hong merchants. This amount totallying 22,528 taels, was paid to the Canton customs. Although Conseequa's son was not held responsible for his father's business failures,, he was nevertheless blamed for "letting things deteriorate further after his father's death". He should have made arrangements to settle his father's debts to the foreign merchants, thus avoiding the ensu- ing problems. He was, therefore, to forfeit all his property in his native province, Fukien, as well as the title and privileges his father had pur- chased for him in 1820 through the chian-na system. His debts to the foreign merchants were to be assumed by the other hong merchants who, in turn, were to take over the business of his hong. In making decisions to discipline the hong merchants, Juan Yüan sought to control the foreign traders at Canton.
18
The working relationship between the hong merchants and the foreign traders at Canton was in general a cordial one. The language used in foreign trade was English. There were interpreters on both sides known as "linguists" to the foreigners. The best known foreign linguist was Dr. Robert Morrision. The hong merchants themselves tended to use "pidgin", a mixture of Chinese, English, Parsee and Portuguese. The foreigners thought that the hong merchants as a whole were “honorable and reliable in all their dealings, faithful to their contracts, and large [as opposed to narrow] minded".19As exemplified by the existence of the Consoo fund and advances in both directions, foreigners and the hong merchants worked well together under ordinary circumstances. Puiqua was especially known for his generosity. Despite being caught himself in cash shortage situations from time to time, at least once he tore up a 72,000 dollar promissory note signed by an American merchant who, becuase of the note, had been stranded in Canton." "In cases of dispute between the foreign and hong merchants, settlements were usually made by arbitration.
It was in criminal cases that the hong merchants's position as inter- mediary between the foreigners and the Chinese government took on special significance. If the issue at hand involved jurisdiction over a foreigner who had caused the death of a Chinese, a crisis situation invari-
No comments yet.
Private notes are available after approval.