The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1870-01-08
hc;a will Continue to Hoard.

So she will, and This is giving trouble to
the world. China and japan will pack
away the shining coins in various rccepta-
clcs, including, we suppose, cat-skins, Ms
they kill and cat great many of the fc-
line race. The money-loving Caucasian
nations don't like this. They do not relish
| the idea Of paying so much coin to the
Asiatics for their teas and silks, and get
ting none of it back for their own proluc-
tons. The New York Herald describes the
alarming tendency Of this Asiatic absorr-
ton Of coin as follows:
"To China and India. aud especially to
| China, the specie Of the world has flowed
! for ages, and continues tn flow as water mt"
q great gulf. Nearly every Gtcam"r that
leaves San Francisco for China taxes ont Il
large amount. and tho steamer China, which
sailed on the LIST instant for Hong Kong and
Yokohama, carried within fraction OF So
ven hundred thousand dollars in treasure.
| The Asiatics have tea, silks, and Other
things, to sell, which We and the people OF
other nations must have: but they d" not
ducts, exclusive of spccic, 10 balance tho
trade. JUDGED. the balance is always largely
| against us, and has TO he mad" up by the
shiumcnt Of specie. This extraordinary
and continual gulf in Asia for the precious
| metals is very curious thing to Contem-
plate
The HcraM proceeds to discuss tic prac-
I'm Il
of this malstrom some OF this gold. How
10 change the balance OF trade ? And II pre-
scribcs for this desperate case the BrRLIN-
GAME treaty, that shccpGkin document,
which, like Aunt JAMIMA's plaster is good
for all maladies. With the help Of that
wonderful treaty it thinks VIC may get the
better of the Chinese, japanese, &c, by
shipping our manufactures to them until the
balance Of trade is in our favor
What delusion! Why, the accumula-
ton of hard money is part OF the rell-
rion of China. The coolies that labor in
this country send home all they have after
having their board, and after death their
dead bodies follow the gold they have sent,
and are buried at home. BrRL1NGAME has
made the best and most successful attack
upon the Treasury of China ever made by
4 white man. He "camc the dodge over
the Emperor of the Flowery Kingdom, and
had him" He has got more out Of China
than we shall ever get in the way OF balance
of trade by his humbug trcaty-making.
No the precious metals will continue to
| accumulated China until the world will pro-
nouncc the monopoly uncomfortable. And
then there will he a race as to who shall
| first pick quarrel with her and seize her
| hoard. ENGLAND made q considerable stride
after the "prccious in the "opium war"
but settled upon peace before the treasury
was reached. She set IN example which
will likely be followed by some nation that:
like rouf in the morning after night
with the tiger, feels uncomfortably imre-
cunious. She set better example in con-
ouering India, and, holding it like an
orange in the hand, squeezing all that can
be gotten out of it. That's the way to turn
the "balance of trade" against these
boarding Asiatic races!
Nations are not unlike bandits; they
have great itching to rifle the rich-to
empty the money-chests of the miserly
Governments. Mark it China will he
some day forged out Of her specie. She
has enough of il to stimulate the greed of
powerful Governments, and the pretcxt for
falling upon her will readily be found. 1t
is the only way to give the world the
"balaucc of trade" against China. Just
as England has turned it against India.
Indeed, it is the lot of the Caucasian ma
tons to spread fertilization" and "pro-
gress," and those benighted boarding ma
tons must pay for the great labor of en-
tightening them