Thursday, March 28, 2013

The Opium Wars

The Opium Trade, Seventh through Nineteenth Centuries

he Anglo-Chinese Opium Wars were the direct for bum about of Chinas isolationalist and exclusionary shell out policy with the West. Confucian Chinas attempts to exclude pernicious unconnected ideas resulted in highly restricted trade. Prior to the 1830s, there was except unmatched port open to Western merchants, Guangzhou (Canton) and but one commodity that the Chinese would accept in trade, silver. British and American merchants, anxious to address what they perceived as a trade imbalance, determined to import the one product that the Chinese did non themselves have but which an ever-increasing build of them wanted: opium. Before 1828, erect quantities of the Spanish silver coin, the Carolus, flowed into China in payment for the alien commodities that Europeans craved; in contrast, in the decade of the 1830s, despite an purple decree outlawing the export of yellow gold and white silver, only if $7,303,841 worth of silver was imported, 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).

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although the Chinese imperial beard governed had long prohibited the drug except for medicinal use, the British Hong (companies such as Dent, Jardine, and Matheson authorized to operate 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 image/]

As the costume of smoking opium spread from the idle rich to ninety per cent of all Chinese males under the age of...If you want to get a full essay, order it on our website: Orderessay



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