The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1858-08-30

bodys and wien we consider the immense
novems nj CT the internal trade Of China, 70.
cannot be surprised at such s statement Let
that trade be opened to the whole world, 10 we
are told that il now is, and its effect On foreign
commerce will he Immediately felt, and by -
patton more than by the United States Or
imports from China in 1856 amounted TO nearly
ten and a half millions of dollars and our OK
ports 70 only two millions and a half The
difference Of eight millions he'd to be paid in
specie, almost wholly silver. That balance IN
trade against US will disappear 80 soon As va
enter into an unrestricted Interchange of COM
modities with the Chinese. AT present we only
send them some manufactured cotton goeds
lead to a considerable extent, the root known
in trade as ginseng, and some other matters Of
trifing value. There should be, however, AMI
no doubt will be, splendid market there for
our mechanical implements, and for oil SORT.
of Yankee notions, to cay nothing of our corr,
-four, and other products, for scarcity II
provisions is not unusual in China This trade
Pacific railroad, and will make San Francisco
the second great port of the United States.
Other nations will also, of course, exchange
their commodities with the Chinese; and thus lie
immense drain of oliver to that country, in pay
ment for their teas and silks, will be seusib,7
diminished, if not eventually stopped. Tue
annual fow Of silver from Europe and Aueriss
int Asia is not less than sixty millions If
dollars; ard as there is a Law in China forsa-
ding its expectation, IT'D consequent scarcity 10
the great monetary centres Of trade is sometimes
seriously felt. The trouble in that respect wil
be Immediately relieved by the payment of the
expenses of the war, which China is to refaad
to France and England, and will be rendered
impossible hereafter by the establishment Of
something more like just balance of trade
Webave no doubt that by many Of our readers
| the withdrawal of oil restrictions on the ex-
ercise and propagation of the Christian 10
Hgion in China will be regarded as By far the
most important concession obtained by the
treaty. The population of China is estimated
to be something like one third of that of the
whole earth. The people are docile and intelli-
gent to a remarkable degree, and therefore no
better field could be opened to missionary Ope-
rations. Nevertheless, the Chinese seem to have
q greater respect for practice than they have
for precept as was shown by their sending to
the allied fleets at Taku tracts which had been
scattered on shore, remarking that their teach
ings were good, and that the Preach and English
were evidently in need Of them.
! Would it be too much to anticipate the
growth and influence of English and Amc-
rican newspapers in the chief cities of China,
the connection Of all the important points
of the empire by railroads telegraphs and
! river steamers, and the establishment Of
weekly lines of steamers and of a sub.ma.
rine telegraph line to San Francisco? The
very idea has something strange and wonderful
about it, and yet it is by no means 80 strange as
that some twenty years hence may not see It
realized In all its points. The barrier of pre-
jodice and exclusion being thus broken down in
China, the same thing must soon follow in Japan,
and-the revolt in India being mppressed-su
the teeming millions of the Asiatic continent
will be then brought into contact with the en-
iehtenment Of the Western world. IL is no ex-
ageeration, therefore, to say that, under these
various aspects, the recent treaty with China Is
one of the greatest events of this age, prolific
Of 1t is in triumphs of science and civilization.
No QUARTER To Do4;cI As-It In oivap ant a.,