Burlington free press. [volume] (Burlington, Vt.) 1827-1865, 1840-01-24
TEE DplIfM TR AVE.

Among the important events hat ha''
conspred during the past year to detan::'
the Course of mercantile affairs. the dec
ded position assumed by The Chinese Gov,
ernment IN regard TO the opium, is hkrIV
to have The most cndutng Influence on lh.
future course Of business The difficult
likely to grow on, of The destruction Of -
large an amount Of property by the Gu
nese Government are OF doubtful ssu
They may result IN d more liberal CONNIE
cIal system or he resirlc' ions may increa>'
but, as N tunes past. the prohibition Of to
trade ~ opium IN one port has led TO ti'
establishment of a larger depot in anolh'',
we may expect that some means will b.
found by which The trade will resume -
accustomed course Since the prohlb,t,"n
Of the import Of tho drug by the Chine
Government in 1900 and the repeated ia
terdlct,uns of it since under the hichc.t
penalties. the expulsion of the opium shi-
from Whampoa, in 1921, and the subs"
quent formation Of the depot at Lntin, :i'
trade has continued to increase in impu'-
lance, and the consumption of the drug
vastly to extend IN the empire. yearly IL
teresllng 10 lis behalf, the influence Of
larger circle Of persons. by the Lucrative.
ness Of the traffic OF when it forms the KEY
stone.
"e T4e Aa@DSF5can t.aae With China CON
ualy increased IN importance until it mo-
rivals that Of the East India company
| The following is a table of the impoG-
| from and exports TO China from The United
| 3 States, from 1890 to the last report fron
the Treasury returns:
American trade with China, including the imports
and exports and from that country,
from 1920 TO The present lime
| Imp. I'm. Exp. to. Excess imp. Exc. exp
1920 2,lS6,73O l,479.7Ol 10000
1921 3,lll.95l 1920 500 l,l7S.d'H
1922 5,442.556 ), 49,, 1868 592 ST.,
1928 65ll,42j 4 635 06l 1,S75,364
1924 5,6lS 503 30l.l7l 3l7,33l
1925 7.133,ll5 j,57O,5l5 100000
1926 1922, lS6 2,565 GA 4,955542
1927 3,6I7.lG3 1854 4O5 247,2J.
1898 1899 l68 l,432 500 3.856.306
1929 4.65O,el7 l.35l s62 1885 1855
1890 3,"78,:4l 742 1913 3,i35,948
1881 3.O33,205 800 .835 1881 10
1882 5,344,907 l.26O 522 4,082,3S5
1888 7.54l.570 l,433.759 6.I07.8ll
1884 7,S92,327 l,0IO452 6.68l 9l4
1885 ) 987 1877 / 1868 $50 Ais COT
1886 7,3e4,8l6 liza 264 6l7O552
1887 8.965,337 $50 59l 6. 354.746
1888 4,764,356 $40 COZ 3,ll7,754
In tins table the imports gradually IN
crease IN amount. while the exports for u -"
las, ten years have fallen off annually. s.'
by deductlng the AMOUNT of The excess :
exports over The imports from The excess
imports, we find cash balance agaln
this country. aud IN favor of China, for III
years, Of S58.7l4 35l. This return !,
however, only for the goods imported ln''
thus country, Many cargoes are bong
on American account and sent to Europ'
the Sandwich Islands, and elsewhere, all -
which would increase the balance in her
favor.
The trade between England and Chin
is equally improvident, the balance M
favor Of China averaging nearly 81 900 00i
annna'Iy. The iIade of China won
therefore yield her upwards of 81 900 Coz
OF specie balance yearly, and create
ruinous diam of the precious metals irma
the commerce of Europe, without auy
counter current by which it could return
were II not that British India furnishes g.,
opium aud cotton the means not only -
settling tins difference, but of crentlng
small balance IN favor of Europe. To brin.
the operation of this trade more clearly
before us, we'have constructed the follow
ing table from parliamentary returns ani
rom orr treasury reports for The year
1881, which Is an average year:
exp. from china 1891. imp into china
To u. States, 3 083 205 100000
To England, $500 600 5000 900
To B. INDIA, 4652854 64OO55
Sl6,325,059 S79sOO55
These imports and exports are the value