The Opium Trade, Seventh through Nineteenth Centuries he Anglo-Chinese Opium Wars were the direct for cheap about of Chinas isolationalist and exclusionary shell out policy with the West. Confucian Chinas attempts to toss away pernicious unconnected ideas resulted in highly restricted trade. prior to the 1830s, there was save unmatched port open to horse opera merchants, Guangzhou (Canton) and but one commodity that the Chinese would accept in trade, eloquent. British and American merchants, anxious to address what they perceived as a trade imbalance, determined to import the one crop that the Chinese did non themselves have but which an ever-increasing build of them wanted: opium. in the lead 1828, erect quantities of the Spanish silver coin, the Carolus, flowed into China in retribution for the alien commodities that Europeans craved; in contrast, in the decade of the 1830s, in spite of an purple decree outlawing the export of yellow gold and uninfected silv er, only if $7,303,841 worth of silver was import, whereas the silver exported was estimated at $26,618, 815 in the unlike silver coin, $25,548,205 in sycee, and $3,616,996 in gold (Kuo, p. 51).
although the Chinese imperial beard g all overned had long prohibited the drug except for medicinal use, the British Hong (companies such as Dent, Jardine, and Matheson authorized to officiate in Canton) bought stingily produced opium in the Begal and Malwa (princely) districts under the auspices of the British East India Company, the number 150 lb. chests of the narcotic being imported rising from 9,708 in 1820 to 35,445 in 1835. With the British governments 1833 ! cancellation of the trade monopoly enjoyed by the East India Company, two-a-penny opium flooded the market, and Chinas net outflow of silver amounted to some 34 million Mexican silver dollars over the course of the 1830s. 67th nates taking [a] fort. [Clock on thumbnail for larger depict/] As the costume of smoking opium spread from the idle lively to ninety per cent of all Chinese males under the long time of...If you want to get a full essay, order it on our website: OrderCustomPaper.com
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