The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1854-05-20
Amcrcan Diplomacy I'm CHINA.

week BEIGE the departure of the last mail packet
for England sr ct . por 20, Sae
steamship Pcounter. was at the time generally sup
posed that he object of his Excetencys visit to the
north was ne securing for British subjects equal enjoy
ment Of tie privilege, unwarraAy assumed by the
American, Of shipping tea and other China produce
without laying cent of duty Bat before the Encounter
reachedshanghae the Americans had made show Of
ooalcscag with the British Consul and had consented TO
fioneSn Englishmans houss not far from the British
Consae that the necessity for any interference by
Inc superintendent OF Trade was, for him, for the occa
W have said the Americans made show of coalescins
with u.s. but before they did 3d. the leading American
6m under the able management of the American con-
al its managing partner, had comfortably provided for
M necessity to report at his Consulate or to pay du-
ling line the river, flying the consuPs house flag,
first of all fully sden with all the tea it was pos
ble to put bands much as two thousand tons OF
the herb lying safely stored at the anchorage
all ready for shipment in the first vessels available.
OF directly II. B. Ms consul announced on the
9th ulmo that custom house being again established,
it his intention in concert with the representatives.
of the other foreign Powers possessing treaties with
China to enforce the payment OF duties on ali EXPORTS
British merchants had option but to assent to the
Justice Of the trconsular intention ~ Such assent,
Crs" .,coc ~ the want ~ nrotact;on a1s;rst the
Illicit shipment in American and other vessels, Of the
large quantity Of tea stored in the unks and other craft
10 this Mr. Aloock replied that if 1t was duly authenti
Gated before him that part of that tea left woosung
without the duty being paid, he would then Immediately
accord to British traders equal privilege and that Shang
hae to all inents and purposes should become free
port. But the other hand, until assured of the
certain confscation any vessel taking advantage Of
the times, and Of defraudng the Chinese Gus. Gus.
American and other free trading neghbon, and
American ship Helena had obtained her cargo and had
left the port (he Oneida, Helena, Wild Duck Science
and host Of others have been cleared, giving
bond to pay If all others do but there is chance Of
the Austrian ship Robert doing SO, they will be all ex
s%ssan snip mad been hea up also with a
how the coasting clipper lamont, and four other
schooners, had the gauntet-they the LIST inst
again menorazed the Consul and lest there should be
any alleged mistake about the thing after the Supen
tenden left the port they addressed his Excellency the
following letter.
surEaISTESDESr OF TRADE IN CHINA, 40, 40, &c.
s9 GnAaSna S =. cS1 = ISss'{
S5S Of the 10 Il Il ss %, s e Com
s1d again en- The day tine IT of beth
i:asy ana Wills The ssns.ss .sai asssasss
: 81: Il: s,s:
70 Assure that with scarcely an exception British
20 regain OF she emy OF 20 ie pro
l.: BEEN since he rsssisn III sspsensss
rssens s 70
and % anS .eS nj,
head while the Of their rabsie army and it. Cow
tho native population with alarm and completely check
IL :: s sss % i e. D ri.
bon. Secretary Chamber Of Commerce.
In this letter. it win be seen the British Chamber Of
Commerce. anticipating some attempt on the part Of his
Excelency to show that trade revving and duties
tn 3Ha hura
such endeavor to do prejudice to their with the
home government The Shanghae merchants bear, it is
evident lively remembrance of their last correspon
dence with his Exceenc and do not forget that owing
TO his obstnacy and studied tbwartings, they now
reapiDg consequences he might, had lie complied with
their wishes, have aided in averting
Gay what we will Of the ability Of American consular
merchants in putting in force regulations tending prma
ry to their individual benefit the interests OF Ameri
cans are by their government officers better cared for
than the interests Of Her Britannia Majestys sub
jects by Her Britannia Majestys well paid servants
AT the departure Of ii. NJ. steamer Salamander from
Sbanghae, had been accorded either by the
consul plenipoentiay to the letter from the Cham
Der Of Commerso-both of these officials evidently fear
ing reoinder; the of countrymen being
whelming-ther forbearance most praiscworthy
Commercial Intelligence.
LONDON MONEY MARKET, Friday Evening, May 5-The
ing caused the English funds to open at a further
decline of half per cent, the amount required
being larger than had been anticipated. Sub
to Improvement Consols, which left off yesterday at
SIX to Y, were first quoted 81 to i, and remained for
time without alteration The of the efectual
nature Of the bombarden of Odessa then caused i'm
provement, and transactions took place Mt SIX, the
nnal price being s74 to Il for money and the 9th Of
June Bank stock left OF at 203 to 205 reduced s61
to ~; Thsee and Quarter per cents, 81 to u; Long
Annues, l16 India Stock, 233 to 1886; India Bonds,
l6 to los discounts and Exchequer bills 2s discount to
q. premium.
Barring BRayEER's CIRCULAR.
LONDON, Friday, May 5-5P.M.
In the colonial and produce markets. business continues
to be restricted 10 the wants Of the trade few feeling
disposed to extend their engagements e present state
of foreign politics.
BREADsrCFFs dull
Co1Tos lower.
Monty in more demand. ,Consols leave off 8Th SIX.
Bar silver S. x. Dollars, 5s OF. American Eagles
70s. 71sd.
The prices OF American securities show a tendency
ownwards and where sales pressed reduction to
extenti5 offered. The IT, S. government stocks find
some buyers at quotations, for remittance but the
demand has sllckened.
United states Fives, 1865. 100 1907
Do. S.xes, 1862 ................ q los
DO. Sizes, 1867 s................n0L
ALABAMA Ftves, Dollar. nominal 90 a 90
Maryland Elves, Sterling. ................ %
0asfachusetts d.to...... sellers ~ W
Boston City 6's Dollar Bonds .......... 81 q 90
Pennsylvania b's Inscriptions sellers 10
DO. SIS Rcnds. SO a SIS
Virginia 6's, Dollar Bonds ................ "a %