Wisconsin tribune. (Mineral Point, Wis.) 1847-1854, 1853-06-30
Rebellion in China.


The value ofthe United exports from the Unit F
ed Kingdom of China. amounted, before the repeal (
in lS34. Of the trading monopoly possessed by the /
East India Company, to only 100000; in 1896. !
1t reached the sum of 81 ,326. SIS; in 1915 it |
had risen 10 e.. 8e4 827; in 1882, it amounted to
about e3,oo0ooo, Theqnantity of tea imported
from China did not exceed, in 1893 16I6I33l /
lbs: in l845. it amounted to 50.7I4,657 lbs.
in 1916, to 57,5s4,56l lbs. it is now above co.
100000 lbs.
The tea crop Of the last season will not prove
short, as shown already by TIE export lists from
Shanghai of 100000 rs. above the preceding
year. This excess is 10 be accounted for by two
circumstances. On the one hand The state of the
market at the close Of 1851 was much depressed
and the large surplus stock Ieft has been thrown
into the export of 1882. On the other hand, the
recent accounts of the altered British legislation
with regard to imports OF tea, reaching China
have brought forward all the available teas to a
, ready market, at greatly enhanced prices But
with respect TO the coming crop, the case stands
very differently. This ia shown by the following
extracts from the correspondence Of large tea.
/ firm in London
/ an Shanghai the terror is extreme. Gold has
advanced upward Of IS per cent, being eagerly
sought fer boarding silver has SO far disappeared
that none could be obtained to pay the China dues
on the British vessels requiring port clearance and
in consequence of which Mr. Alcock has consent
ed TO become responsible 10 the Chinese authori-
ties for the payment of these dues, on receipt of
East India ComPanys bills. OF other approved
securities. The scarcity Of the precious metals is
one of the most untavorable features when view
ed in reference to the immediate feature of COM
merce, as this abstraction precisely that
I.period when their use is most needed, to enable
the tea and silk buyers to 90 into the interior and
effect their purchases, for which large portion Of
b7slioH Is pad Advance 10 enable the producers
to curry their operations ..............A At this
period Of the year it is usual TO begin making ar
engagements for the new teas, whereas at present
nothing is talked of but the means of protecting
person and property, all transactions being at
stand. ...........I If the means are not applied TO
secure the leaves in April and May the early crop,
which includes all the finer descriptions, both of
black and green teas, will be as much lost as IN.
reaped wheat at Christmas"
certainly not be given by the English, American
or French squadrons stationed in the Chinese
seas, but these may easily, by their interference
produce such complications, as TO cut off all
transactions between the tea-producing interior
and the transporting sea ports. Thus. for the
present crop, rise in the prices must be expect
.ed-speculation has already commenced in Lon
i nd
as good as certain Nor is this all The Chinese
ready though they may be, as are all people in
periods of revolutionary CONFUSION, to sell off to
the foreigner all the bulky commodities they have
on hand, viii, as the Orientals are used to do in
the apprehension Of great changes, set to boarding
not taking much in return for their tea and silk
except hard money. England mas accordingly to
expect rise in the price of one Of her Chief arti
clcs Of consumption, drain Of bullion, and great
contraction Of an important market for her cotton
and wooden goods. Even The Economist. that
oPtimest conjuror of all things uenacing the tran
gull minds of the mercantile community. is com
PEELED to use language like this:
"We must not fatter ourselves with finding as
extensive market for our experts to China as
hitherto .....It is more probable that our export
trade to China should suffer. and thar there should
be diminished demand for the produce of NIaa-
chester and Glasgow"
It must not be forgotten that the rise in the price
Of SO Indispensable an article as tea. and the con.
traction OF 50 important market as China. viii
coincide with a deficient harvest in Western Eu-
rope, and, therefore, with rising prices Of meat.
corn, and all other agricultural produce. Hence
contracted markets for manufactures, because ev-
cry rise in the price Of the first necessaries of life
IS counterbalanced, at home and abroad by cor
responding deduction in the demand for manufac.
lures From every part of Great Britain com.
plants have been received Of the backward state
OF most Of the crops The Economist says on
this subject
In the South OF England not only wiz there
be left much land unsown. until too late for crop
Of any sort but much Of the sown land will nrove
TO be foul. OF otherwise in a bad state for corn.
growing. On the west or poor soils destined for
wheat signs that mischief is going on are apparent
he time for planting mangewurtzel NAV now
be said 10 have passed away and very little has
been planted, while the time for preparing land
for the turnip is rapidly going by without anv
adequate preparation for this important crop hav
! ing been accomplished Dat SOWING
has been much interfered with By the snow and |
ram. Few oats were sown early, and late sown
oats seldom produce large crop ......In many
districts losses among the breeding focks have
been considerable"
The price Of other farn-produce than corn is /
from 20 to so, and even 50 per cent. higher than
last year. On the Continent corn has risen CON.
Paratirely more than in England. Rye mas risen |
IN Belgium and Holland full 100 per cent. Wheat
and other grains are following suit.
Since the commencement Of the eighteenth cen
fury there has been no serious revolution IN En-
rope which had not been preceded by CONNER
cial and financial crisis. This applies no less to
the revolution Of 1852 than TO that OF SIS. tits
true, not only that we every day behold more
threatening symptoms Of conflict between, the rl