The New York herald., 1867-05-26
CHIN A..
SPECIAL CORRESPONDENCE oF THE HERALD.

Opening OF tho Peiho-Trade Prespects-A
Steamship CeIlisisn-A New Thcasre-Re.
ports from the Scene Of Rebcllien-Nativs
Burglar Bands, &c.
sHAsaaAs CumA, March l6, 1857
There u, In reality, nothing 70 communicate from
North China beyond the budget sent BY the Colorado
The first from Tentsin arrived the day before
yesterday bringing Information that the Peiho opened
this year the 2sth OF February somewhat earlier than
last year, or several previous years
Trade prospects for Europeans arc even worse than
las, year. large proportion Of the consgnments BY the
nrst steamers having been made to Cinnamon. II s
hourly becoming dcult for the European trader
70 scoms n" over the Celestial In view OF the great
losses sustained by native merchants in their dealings
with foreigners during the past few years. they have
held consultation. and agreed nbt TO transact in silk
hereafter except q cash principle The beauty OF this
arrangement may be at glance, whom 1t Is shown
that the foreign merchant yet required to give
amount Of s.tck' on his shirtings and camlets when
dealing with the native sknners. There are two sides
to this well TO any other question: but tue Chinese
merchants being in the majority, appear to have the
stronger. -,.
paper mits and the usual amount OF loud talk in ref
erence them the chief new excitement Is the opening
Of the new theatre. commodious structure Of pine
boards which has been closely watched while IN course
OF erection with the greatest interest by all Europeans
On the night OF the LIST inst. very large and most
fashionable audience had assembled and the formal In
auguration Of this new temple Of Thsspis was made:
Down In the Nngpo waters about seventy miles from
this port on the night Of the 20th the steamer Schez
men ran full speed INTO the Express both Of the Shans-
hae Steam Navigation Companys iine Inc Express
had among other freight about three hundred Chinese
passengcrs and the CONSERVATION for time was fearful
They could not be induced TO abandon the sinking
steamer without their boxes and their worldly goods
and the indications that many would DO drowned
But BY careful the Express was beachsd In
Pirates Bay, and all got safely on
There is nothing from rebelliondom BY the last Han
Kow steamer and IL is difnculs to tell where they viii
next break OUT.
The old crop Of teas coming down slowly. and there
Is nothing doing in freights except coastwise
The chief excitement in Bong Kong, a. reported py
the last mail was the attempt by an organized band OF
Chinamen from wauchi tthe Five Points OF Hong kong
TO rob and murder dwelling house within stones
throw Of Sir Richard Graves hcDonnell's mansion. II
was very bold bus altogether successfu the burg
lars succssded in stabbing young European nearly 20
DEATH and decamped without much booty Ine poncs
nnd no Of them. This occurrence revves the
talk In Hong Kong about general Chinese insurreceon
and forces the realization upon Europeans now mucn
they the mercy1of those hcahens who iaugn ~
guards police aud watchmen. The people a. Hong
Kong complain OF Of acting void created oy the
departure OF the Colorado and are hoping srenuousy
for her return The Peninsular and Oriental Company
having given notice TO British government that they
would longer carry mails on the China end oi their
line, the community naturally lean on the Pacinc Mali
Steamship Company TO help them out