The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1867-05-23

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From China We have the news that he
American drm Of Augxstin Hurd q Go. hsvo
obtained monopoly of steam navigation On
the Canton river, and that another Americas
frm-Russell d C0.-have received the Same
concession for the Yangtze river. The KnglIsh
newspapers in China are setting up terrible
howl over 1t, and well they may; for they have
for more than two centuries enjoyed almost Q
monopoly of the East India and China trade.
From the time they begged . little spot Of
ground upon which to erect trading house, q
the mouth Of the Ganges, they have gone o.
plundering Hindoostan ON one side, and bull
lying the Chinese on the other-now Wrestling
rich province from the hands Of some inofen-
sive prince, again providing opium down ~
throats of the Celestials Wherever we 90 in
China We find evidences Of British rapaoity
and ruthless plundering; and at length 1t
appears that the Chinese are awakening 10 the
fact that there exists a nation DESTROYS of deal
ing honorably with them, and who have the
means, the energy and the disposition TO open
up their internal trade and place th1m in com-
uercial relations with the best markets of the
world.
As in Europe, 80 in the Asiatic world,
England ia fast assuming secondary position
as nation. The above mentioned privileges
conceded to American houses show that We
not only compete with England in influence at
the Chinese court, but that our ability to con-
struct the fastest and best river steamers in the
world is appreciated even in the oldest of tho
worlds nationalities Our growing Chias
trade is destined to assume immense importance
in the future. Once our Pacific Railroad y
finished, it will spring into new life. We
shall then leave New York and inside Of four
weeks take tea with our Canton friends, much
to the disgust of John Bull, who will be unable
to enjoy similar pleasure until ten days after
wards. Thus, giving us ten days the start, how
can Old England ever catch up with US
The purchase of Russian America has doubt
less warned the Chinese that we are marching
towards them. Two more mouthfuls Of equal
coast extent will gobble them up. They SEQ
the young giant coming, and believe that it il
necessary to propitiate him with small peace
offerings in different parts OF their aowery
kingdom, despite the howl Of the English
traders upon whose royal perquisites we are
encroaching.
The opening Of our new line of steamers
with the Sandwich Islands and Eastern Asia
has set that whole coast to thinking, and now
the old Rip Van Wrinkle of nations is hobnob-
bling with the youngest and, consequently, tho
sauciest of the lot. We are shaking handa
across the Pacific, and, not content with that,
we are sending our little steam waifs far into
the great interior of the Celestial land to rouse
old China from its lethargy and give it . new
birth.
The advantages to be gained from eli these,
rami6cations OF our commerce cannotbe ever
estimatsd; for the same boundless trade thak
has poured into the British Islands, to overload
English Golfers for so many years. and enabled
them to dictate to the world. Is now foreshad-
owing its movement towards the United States.
No effort on the part of our English rival caA
stop it. We have the advantage Of geographi-
cal position, and this Is great that even thoir
energy cannot avail to divert the India trade
from US The discovery of the route to tbs
Indies by vasco de Cana killed all the AedE
terranesl commercial cities and made To
Atlantic coast of Europe what it is to-day. s.
the opening Of the great India trade and ths
navigable Chinese streams by our river steam-
ems will make the Pacific coast the great centre
of distribution for Indian wealth.