Trade with China

Trade with China

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Sailing ships from Massachusetts first established the trade between American and China. Speed was an important factor, and the Yankee clippers were designed for the greatest possible speed under sail, delivering Chinese goods to waiting consumers in Europe.The Opium War between Britain and China in 1842 resulted in the Nanking Treaty, the first ever between China and a European power, and an end to China's policy of exclusion. Anxious to obtain trading privileges on a par with Britain's, Daniel Webster, then President Tyler's secretary of state, sent an envoy, Caleb Cushing, to negotiate that end. The result was the Treaty of Wanghia, signed on July 3, 1844, through which the principal American objectives were achieved.In 1850, the Taiping Rebellion broke out, under the leadership of a charismatic Christian leader Hong Xiuquan. Continuing until 1864, the rebellion may have involved the greatest number of men under arms of any 19th century military confrontation and was certainly among the deadliest, with total military and civilians deaths estimated at between twenty and thirty million.The resulting chaos made it difficult to enforce the provisions of the Treaty of Wanghia, and both Britain and France counseled an aggressive policy towards China. Reed to work towards peaceful cooperation with France and Britain along while pursuing the following points:

  • accredited ministers of the great powers to the court in Peking,
  • commerce beyond the five ports then permitted,
  • reduction of internal tariffs,
  • religious freedom for foreigners,
  • the extension of the benefits of the proposed treaty to other nations.

The result was a treaty that served as the basis for Chinese trade for the next decade.

Watch the video: Ο ΚΟΥΛΗΣ στο ΝΑΥΤΙΚΟ! Κυριάκος Μητσοτάκης deepfake (July 2022).


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