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Opium War and economical influences in 19 century

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Nicolas Guarin

on 19 September 2012

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Transcript of Opium War and economical influences in 19 century

OPIUM'S IMPACTS IN THE XIX CENTURY What is Opium Poppy Plant Opium comes from a plant named Poppy plant Raw Opium Traditionally native from the southeastern part of Europe and western Asia. Is the dried latex obtained from the opium poppy Economical Situation Late 18th Century Tea was China's second largest export after silk, and the Chinese wanted nothing in return except silver bullion. Chinese silk Chinese Tea This placed Britain and East India company at serious trading disadvantage "The celestial empire posses all things in prolific abundance and lacks no product within its boarders" Ch`ien Lung, the Chinese Emperor Opium : Economical Repercussions Opium became the changing factor of the trading balance between China and the British. Beginning of Conflict Britain Realized the potential of Opium in the Chinese market and started to export in big scale. Beginning of 19th century $237 $2428 rupees COST PRICE OPIUM IMPORTS TO CHINA FROM INDIA
(1 chest = approximately 140 pounds)

1773 1,000 chests

1790 4,000 chests

early 1820s 10,000 chests

1828 18,000 chests

1839 40,000 chests

1865 76,000 chests

1884 81,000 chests (peak) Commerce routes of Opium Opium profits Financed Tea and silk importations. 200 Boxes/year (1767) 2000 Boxes/year (1800) Calcuta Macao Huangpu Excessive smuggling + High index of addicts + Deterioration of chinese economy = Confiscation of British cargoes Military Implications WAR Oct/1/1839 : England decides to be in war End of June 1840 : English Troops ready to invade July /5/1840 : Took control of Dinghai England China A unskilled chinese army Addicted soldiers Less war budget No technology Chinese forces : 2,000,000 British army strengthened and cheeky 16 warships
540 cannons
4000 warriors
Prior espionage at ports { 1st attack January/1840 : The Chinese close the port of canton and declare the closure of trade with Britain Corrupt chinese leaders 1842 : Shangai is occupied without a fight August/1842: The Qing government is forced to sign the first unequal treaty TREATY OF NANJING Treaty of Nanjing Firmed the 29 of August of 1842 in the "CornWallis" boat Allowed Brithish merchants to live and trade in the 5 ports conceded Canton
Shangai Allowed British to established low import and export trade tariffs The extortion of 21 million in silver dollars.
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