Embassy to the Eastern Courts of Cochin-China, Siam, and Muscat: In the U. S. Sloop-of-war Peacock, David Geisinger, Commander, During the Years 1832-3-4Roberts, Edmund
History
Embassy to the Eastern Courts of Cochin-China, Siam, and Muscat: In the U. S. Sloop-of-war Peacock, David Geisinger, Commander, During the Years 1832-3-4
Roberts, Edmund
Southeast Asia -- Commerce; Southeast Asia -- Description and travel
The Chinese merchants have a well-earned reputation as shrewd dealers:
they have little confidence in each other; every contract of importance
must be “fixed,” and made sure by the payment of a stipulated sum: but
they place the most unlimited confidence in the integrity of their
foreign customers.
Among the _outside_ merchants the trade is very limited, and their
number being unlimited, there is often much competition between them.
The whole of the East India company’s business, a large portion of the
English private trade, and that of other foreigners, are confined to
the hong-merchants and those who transact business in connexion with
them.
The establishments of the principal hong-merchants are extensive; they
have numerous and convenient ware-houses in which they store goods, and
from whence export-cargoes are conveyed, in lighters, to the shipping
at Whampoa.
The names of the hong-merchants are Howqua, Mowqua, Puankhequa, Goqua,
Fatqua, Kingqua, Sunshing, Mingqua, Saoqua, and Punhoqua. The Rev.
Robert Morrison, D. D., is Chinese translator to the British East India
company, and Mr. G. R. Morrison, his son, to those termed the _outside
British merchants_. The four linguists are named, Atom, Achow, Atung,
and Akang.
[Sidenote: FOREIGN FACTORIES.]
The _foreign factories_, the situation of which has already been
noticed, are neat and commodious buildings: the plot of ground on which
they stand is circumscribed by narrow limits, extending about sixty
rods from east to west, and forty rods from north to south: it is
owned, in common with most of the factories, by the hong-merchants.
Public-domain text, read in full here on John Shaqi.
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