The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1867-01-13
re E A S T.
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Our Special Correspondence
from China.
The New Mail steamship Line ana
American Progress In ASIA
lcua,lc Contest Between Englishmen A.
Americans, and Yankee Victory.
a.. ... 49,.
c Il IN n.
Gun HoRe KONG CORRESPONDENCE.

uvh huNo NUM- yJhheSTuNuektt.
rv.Se DaIl and Money scarce -Frosshtago
Rases-Appreciaston az Asaericnn Character
iasd Preferences for American Business
N1e--ResuIs If the Native Emisvae3on--Thc
Ncvv Mall sueamshiE I4ine-Why T0uch Nc
shs sansvwsch Isiands s-Piracy and the
Ceshe Tr1de-Amorican Enterprise In Asia.
HoSG KoSG. Nov. Is, 1864.
landing on the coast Of China at this late day the
Dvpean or American traveller is At convinced,
- places any Of reliance the statements those
,sspls volunteer, that the Celestial enpre il not
Sheavenlyn In commercial social point Of Wow rs
ssed 70 be- The times have passed when great for
times being made In the course OF few months
cker with the unsophstcaed natives when the great
Honss-haf palace and half shop-were built along
virtora road and upon the shelves Of the hill
H. rom tho profits Of Q few ventures In silk, tea or
opium whom the Acknowledged" unaccustomed to
she touch weight smell and general appearance Of the
SI1nish miled dollar; and IL now requires as much
.gor and scuteness to be thrown the pursuit Of
r.hes here a. elsewhere.
st now business Is generally depressed owing the
great scarcity OF money, which readily commands and
sDehal per cent month"; rate for years.
me financial and disasters in Great Britain
A.Hg the earlier months Of the year OF
Spensble for this; for, unlike Australia, this little
colony performs It's due proportion Of trembling when
Sves there . financial shake at home. With the
sspsson Of the rac in opium, which always lucrative
90 tho few houses who hold monopoly Of that drug,
shsre has been very little buying and selling in Hong
Hong during several months past Freights dull,
asd almost impossible to lay ship for English
American home ports at anything like saving figures
10 San Francisco three dollars per ton is offered,
which has been accepted in two or three
Instances by skippers who were extremely
Aisgusted with Canton waters and anxious get home
- any price e. los tgold per ton s offered to Now
York. At which rate q few teas at Fuchau, and few
assorted cargoes or 'chow chow" at Whampoa being
saaen- In both places rico crops have been abundant
there nothing doing in the coasting trade. This
Encouraging state of commercial affairs u not expected
- continue long, but hive been unable, yet TO find
anybody to explain to how II be improved till
money becomes more plenty. IS
Ia quito gratifying 70 find the American character so
ven understood and fully appreciated by outsiders
u m by tho Chinese american mercantile houses are,
apparently more highly respected than any other
sAaisons Of foreigners while American ships justly
fsvcri,es with them in the carrying trade. During
the operations OF the robel steamer Shenandoah
IN these seas WAS Of course, extremely difficult for
Yankee ship 70 get charter either here or 9! other
ports along the coast but now the disturbance s 80
kndsomely settled the Chinese merchants, who do the
principal part Of tho shipping through European houses
returning their old love. Even in those dull times
vessels successfully compete with other foresn
craft Notwithstanding the greater cost OF sailing them
The better classes of Chinese merchants generally
very oquacious when American topics preached II
70 the matter In the world draw them out to
ihe full length of their dishear:epng Pigeon.Engsh
dialect by The nero mention Of the Pacific Mail Com
Dsny's China line OF packet ships. Although they
have long regaided America Number ono place,
haxh up top side OF any other country, they have
wondered why have not braDchcd out mora in
The way o. coonizing the Englshulan Is fond Of
Going They anticipate great benefits from the compare
Hvey close connection which the new limo viii give them
with California and holding considerable quantities Of
s,seht against the time when tho Yankee steamships
sonmcnce their trips. American twenty dollar coins
have In value also 10 anticipation OF that event.
shs. they cell readily for SIS so each Possibly the
creased demand for them may induce some o. the astutc
money changers OF America 70 ship lot Of neat double
eagles over hero for that figure.
There is longer any for doubt tha. the emiga-
ZION from China 20 America will increase with the osiab-
nshInent OF the line Some contend however, that
shortening the time aerossshe great ferry VIII not induce
Cinnamon 10 visit the States in greater numbers, unless
She prce Of passage Kept down TO the old figures Of the
sailing ships. They have heretofore been transported
from San Francisco TO this port for $2 wood and water
would outweigh with Chinaman twenty Ave days OF
hmc saved. believe that II tho Pacific Mail Company
sss up the seerages Of It's ships with view 70 the
accommodation Of class Of passengers who eat drink and
ss' n 'nsf own "i'i'''''' way the steamers "h 90
M s l. Phelps the Hong Kong agent of the paciac
Nail Company, has already pubiisbed Inxmatlon" or
che commencement OF the service by the line or
sseaInors He that the sIdewtsel steamship
Colorado will leave this port for San Francisco Feb
ruAry Ia 1867 touching At Yokohama, japan. and Hon.
o,a,u Sandwich laiands UuGor this announcement
round trip every three contemplated, t beng
she intention VI the company 70 employ ships but
ose destined % ,os :, mn , Inc Doss a.
ssnlcicnt for the accommodation Of the Colorado,
larger steamer than those ordinarily employed IN Chinese
uziers, IRON which circumstance the Hong Kong lies
jubent for the report has been circulated that tho
large ships would only between san francisco and
Yokohama, LEAVING the Shanghae and Hong Kong service
% BE- performed by smaller boats Undoubtedly such
On be tho arrangement II tho business warrants H. but
s careful corporation viii not at once plunge into need
m this connection and 10 behalf Of many friends Of
shs new project out here. would like % make few
fressonsl Committee on Post ofnces and Post roads,
ny scquainanoss here considerably exercised
eoses their shps "a touch at Honolulu The Sandwich
apds not IN the track Of steamers coming 10 japan
and China aud returning 70 san Francisco general
ly supposed BY people gances the chart cursorv
Vie distance from San Francisco 10 Yokohama is 76l
niles by the rpae ths win follow in coming 10
japan The same va sandwich lsIsnds Is 5.50S miles,
dsnerence OF isI miles three days sail Allowing
enc days dctention at the islands cur days would be
lost BY touching there Returning the steam will
follow the great circle, distance OF ASH miles Tho
same via the saDds = sos miles The diierepcsss7
Des or four days sail BY following the great circle
sbs winds would be fair; hvtouchiny at tho sandwich
islands, adverse Ths will cause further detention of
least one day, and allowing days detention At
the Islands six days viii be lost by touching there 10
~ successful the Pacific mail ships trips must be rspid
r. the ships from China 70 lose by touching
the Sandwich Islands how they compete with the
Peninsula and Oriental Company IN returning
70 England which was one Of the ford hopes Of tho
projectors OF line without doubt the Inv asn
Islands ought 10 be brought closer America by steam
communication, but the policy OF forcing the new
Steamship line 10 do ", u some what questionable
me Coole trade and piracy is formidable heading
FOR paragraph, when real &c ha. those topics here
not he thoroughly written M In the limits any
one newspaper. Notwithstanding ell the local and
national restriction poa the raalc IN Chinese labor ~
for expor,ation,n that business s brisk ever A.
she present time There twenty -four ships lprpc.
pay spanish and Porsu9uesel lying a. Ma 40 awaiting
caEocs Of Coolex Stout laborcrs gro either soiuced
into contracts by spScous Promises q snached boldly
and bodily from a peaceful existence. board their
little fishing boas The ricfus operosdi upon which
tails free emigration Is conducted would appear TO be
something IKE the following: Chinese junk, armed
and manned by Portuguese openly attacks the hsbpg
bosss and transfers their occupants TO herself These
they lodge the Macao slave pens, ship bonrt
some Cooe vessel bound 10 the Chinchas o 70 Havana
already having part OF cargo OF eniigants Any