Notes From a Frontier (Classic Reprint) - Softcover

Ainscough, Thomas M.

 
9781333316372: Notes From a Frontier (Classic Reprint)

Inhaltsangabe

Excerpt from Notes From a Frontier

Turning to the second great impediment to the free interchange of goods between Western China and the coast, we are brought face to face with the thorny subject of Opium prohibition. Szechuan is practically self-supporting, and, with the one Significant exception Of cotton, produces within her borders not only all the commodities necessary to support her vast population of some 50 millions, but hitherto has always had a large surplus for export, which more than equalled imports from other provinces and abroad, thanks to, the heavy shipments of opium, medicines, and skins. The absolute cessation Of the Opium shipments amounting annually to upwards Of taels, has created a temporary adverse balance of trade and turned the exchanges against her. As much as taels of ready silver was exported in 1912 to adjust the balance of imports, and great consternation was caused among the merchants when the Provincial Government suddenly decided, in view Of the monetary stringency, to prohibit the free export of silver.

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