The Archive · 1876

Miscellaneous Intelligence

LATEST MAIL DATES

Latest Mail dates a England, from China. Hesstont ven ABtl 2 paved 72 creature as the hugo marine monster; and it may be safely asserted that when merchants call for war, some very deeply seated grievance indeed must be the inspiring cause. So far as we know, we have heard on the part of the merchants of China no truculent aspirations for a state of war, Complaints have been made that the misgovernment of the Empire has rendered trade almost an impossibility; but it has always been the hope of the mercantile body that those disabilities would be removed without the necessity of forcible interference. As for dictate ing a policy, except in matters purely commercial, the British merchant in China has been specially reticent—so China wants cotton goods; we want tea and silk; each can supply the other's needs. This mutual adapt. bility it is which has caused our trade with China to become a thing of continually increasing importance. On the strength of mutual wants, a vast cunt of British capital has been invested in the trade, and by the opportunity it offers for the profitable employment of labour in ships and manufactories, as well as by the largo immediate revenue it brings in, the China trade has become a matter of national importance. Beside our trade with China, our national policy is a thing of little moment. Until late years, it might be eaid that we had nq

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