Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1821-07-03

TsSt portion VI The teas and other articles ex-
ported from China in vessels OF the United States is
destined for America and what for European CON
sumption, II Is difficult precisely to determine. AL
though doubts have been expressed whether the de-
maad arising from the latter constitutes a permanent,
or considerable portion of their trade, IL may fairly
nc assumed that contr trv opinion prevails in Ame-
rc, rs II II stated IN the report upon American cur
rcncy laid before the House of Representatives in
1919, that the annual exports in American vessels
from tho United States and all other ports 10 China
and the East Indies, hardly be estimated at more
than twelve millions oil dollars and il cannot be
doubted that the sales Of mcrchandisc from China and
India CONSUMED annually in the United States is pro-
baby equal To 5,0O0,OcO dollars and il this &c So
the consumption OF East India articles by the United
States IS paid tor by the profit of the trade"
"On the whole, the committee Inclined 10 the
opinion, that regulations might be established ut Can
ton. either by placing the trade of Canton under
principal servants vi the Company with some auihn-
fiiy override scamen engaged in the free trade iIy
winch amy apprehension of Inconvenience might be
removed aud without interfering with the monopoly
oi The British market, enjoyed nv the East India
Company the British merchant might he safely adj
mlted 10 participation in trade which has proved
safe lucrative and capable of great impro, cnicnt in
the hands Of the foreign trader.
In tue event OF these obstacles, however, being
considered nsurinounasle the maintenance of tho.
| establishment ut SINGAPORE, to which vessels fire.
quent!y come down from China in five DAVIS or of
ANY other Tree port, ms adyaniageousy situated might
considering the readiness of the Chinese TO engage
acuNels, ny every means, direct and indirect trade
prove highly advantageous to the interests of British
commerce, If permitted engage in the tea trade
within the limits of the East India Companys char
ter, exclusive of the ports of the Chinese Empire
" he committee cannot conceal from themselves
mat IN The present state OF the law no material be-
neht or aciity Is free trade in this quarter of the
globe can be obtained, without infringing i'm greater
or less degree upon the principles vested in the T. In
da Company, until the year 1854, when their present
charter expires, and that their consent NAV be re-
CURED 10 any measures which may be submitted for
that purpose to the consideration of Parliament a,
the same time considering that propositions here
suggested are intended directly in,lireciy tn affect
Tue monopoly enjoyed by the Company of the Home
Market, to which the greatest Importance is Justly
attachcd but that 'her object is confined TO procuring
Tor the British Free Trader easy access TO mar
kets cnrely new, or the means of competition witt,
the foreign merchant those which already exist
the committee ieclthemselves justified in reIynp upon
the beraiity OF the Court Of Directors, upon the con-
Germ they have frequently eynced in the national
prosperity and the preference they may be expected
10 give 10 British over foreign commerce. for dispo-
suon TO meet. rs far may be consistent with their
own essential interests, the wishes of their fellow
SUBJECTS, IT sanctioned 10y the wisdom and authority
| of Parliament.
" At all events there are some views of this suhicc,
TO which the attention OF parliament may be immedi-
atey directed: and the whole cannot fail TO deserve
us consideration previous to the renewal of the Ens,
| india Company's charter.
" The committee have been informed BY the NOM
bers OF his majesty's Government, who are members
oil the committee, that Bill prepared TO be sub
mittod TO parliament in the course of the last session
Tor extending the private trade between India and
foreign Europe; and that the introduction of such
oil has only been postponed in consequence OF the in
| quircs depending in Parliament, connected with
| Asiatic commerce."