The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1870-01-14
I asia WIN Consipsie 10 Hoard.

Asia viii Contansio 10 Hoard.
50 she will, and this 10 giving trouble
to the world. China aud Japan will
pack swpy st.s5 shining o1si.ss "a
receptacleE iaoludinG. we suppose, cat
skins, as they kill end eat q great unany
of the feline race. The money.loyin1
Caucasian nntions don't like this. They
do not reiisn Gne iaes OF paying so xnuch
coin to the Asiatics for their teas and
silks, and getting none Of it back for
their own productions. The New York
Herald describes the alarming tendency
Of this Asiatic absorption Of coin. as
follows:
''To China and India, and especially
to China, the specie Of the world has
flowed for ages, and continues to flow. as
water into great gulf. Nearly every
steamer that leaves San Francisco fer
China takes out large amount; and the
steamer China, which sailed on the lat
instant for Hong Kong and Yokohama
carried within fraction of 800. 600 in
treasure. The Asiatics have tea. silks
and other things to sell, which we ard
the people of other nations must have:
but they do not take Of us, in return.
manufactures and products, exclusive of
specie, to balance the trade. Indeed.
the balance is always largely against us,
and has to be made mp by the shipment
of specie. This extraordinary and con-
tlnual gulf in Asia for the precious
metals Is very curious thing to contem.
plate"
The Herald proceeds to discuss the
practical question of how are we to get
back out of this maelstrom some of this
gold-how to change the balance oftrade.
And it prescribes for this desperate case
the Burlingame treaty, that sheep skin
document, which, like Aunt Jamima's
plaster. is good for all maladies. With
the help of that wonderful treaty, it
thinks we may get the better of the Chi
nese, Japanese, &C., by shipping our
manufactures to them until the balance
of trade is in our favor!
What delusion! Why, the accumu-
latior OF hard money is part of the re-
ligion of China. The coolies that labor
in this country send home oil they have
after paying their board, and after death
their dead bodies follow the gold they
have sent, and are buried at home.
Burlingame has made the best and most
successful attack upon the Treasury of
China ever made by white man. He
''came the dodge" over the Emperor of
the Flowery Kingdom, and chad him."
He has got more ont of China than we
shall ever get in the way of balance of
trade by this humbug treaty making.
No; the precious metals will continue
to accumulate in China until the world
will pronounce the monopoly unendura-
BILE. And then there will be race as to
who shall first pick n quarrel with her
and seize her hoard. England made
considerable stride after the "precious"
in the "opium war;" but settled upon q
peace before the treasury was reached.
She set an example which will likely he
followed by some na4ion that, like a roue
In the morning, after night with the
tiger, feels uncomfortably impecunious.
She set better example in conquering
India, end, holding it like an orange in
the hand, squeezing NIL that can be got.
ten out of it. That's the way to turn
the "balance of trade" against these
boarding Asiatic races!
Nations are not unlike bandits; they
havo great itching to rifle the rich-to
empty the money chests of the miserly
Governments. Mark it! China will be
some day logged out of her specie. She
has enough of it to stimulate the greed
OF powerful Governments, and the pre-
text for falling upon her will readily be
found. 1t is the only way to give the
world the "balance OF trade" against
China Just as England has turned it
against India. Indeed, it is the lot of
the Caucasian nations to spread "civiIi.
zation" and progress, and those be.
nlghted boarding nations must pay for
the great labor OF enlightening them
Richmond Dispatch.