hat
this celebrated Treaty is likely to accomplish for them.[25] We must,
moreover, take into consideration, the extra tonnage that will be
required to carry on this extended commerce; the number of seamen it
will employ; the consequent increased demand for every description of
stores taken to sea for the use of ships and men; the innumerable
families that will thus be provided for; and the not improbable
increased demand, over and above quadruple the present, for the goods
named, when the new trade shall have had time thoroughly to develop
itself. Nor must we overlook the benefit likely to result to British
India, the cotton of which has hitherto been supplied to the Chinese
_via_ Canton: it will now be carried to their doors in British vessels,
and sold to them at far cheaper rates than could have been afforded when
sent in the former round-about way. Taking this view of the case, it
stands to reason, that the demand will increase; and though the merchant
of Bombay, Madras, or Calcutta may not make larger profits than
heretofore, he will do a much larger business, employ double the number
of men and ships, and enjoy the prospect of returning to his native
country some few years sooner than he dreamed of under the old regime.
[Footnote 25: It must be borne in mind, that this was written
at sea, before I had any knowledge of the reception which Sir
Henry Pottinger's Treaty had met in Manchester and other
manufacturing towns. Their subsequent reception of Sir Henry
himself, proves how well satisfied they are with what he has
done for them; and the extent of last summer's exports to
China, demonstrates, beyond a doubt, that I was not far wrong
in my predictions.]
A trade suddenly thrown open with three hundred millions of human
beings, is not likely to be completely developed in three, four, or five
years; and I conceive that I am within the mark, when I hold out
encouragement to my countrymen to quadruple their shipments to China. In
April, May, and June, 1843, before the five ports of China were
officially opened to foreign trade, and when visiting them was
precarious, an unusually large quantity of British and American
manufactures was poured into the China market. Ship after ship arrived
from the manufacturing districts, with full cargoes; and the universal
cry was, "What is to be done with all these goods?" I can tell the
public what became of them. They were sold almost as fast as
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