The Golden Ghetto
The Golden Ghetto: The American Commercial Community at Canton and the Shaping of American China Policy, 1784–1844
Jacques M. Downs
with a new introduction by Frederic D. Grant
Series: Echoes: Classics of Hong Kong Culture and History
Copyright Date: 2014
Edition: 1
Published by: Hong Kong University Press
Pages: 508
https://www.jstor.org/stable/j.ctt13x0m9x
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The Golden Ghetto
Book Description:

Before the opening of the treaty ports in the 1840s, Canton was the only Chinese port where foreign merchants were allowed to trade. The Golden Ghetto takes us into the world of one of this city’s most important foreign communities—the Americans—during the decades between the American Revolution of 1776 and the signing of the Sino-US Treaty of Wanghia in 1844. American merchants lived in isolation from Chinese society in sybaritic, albeit usually celibate luxury. Making use of exhaustive research, Downs provides an especially clear explanation of the Canton commercial setting generally and of the role of American merchants. Many of these men made fortunes and returned home to become important figures in the rapidly developing United States. The book devotes particular attention to the biographical details of the principal American traders, the leading American firms, and their operations in Canton and the United States. Opium smuggling receives especial emphasis, as does the important topic of early diplomatic relations between the United States and China. Since its first publication in 1997, The Golden Ghetto has been recognized as the leading work on Americans trading at Canton. Long out of print, this new edition makes this key work again available, both to scholars and a wider readership.

eISBN: 978-988-8313-32-7
Subjects: History
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  1. Front Matter
    Front Matter (pp. i-iv)
  2. Table of Contents
    Table of Contents (pp. v-vi)
  3. Introduction to the Republication of The Golden Ghetto
    Introduction to the Republication of The Golden Ghetto (pp. 1-6)
    Frederic D. Grant Jr.

    Jacques M. Downs knew more about the history of early American trade with China than anyone in modern times. The republication ofThe Golden Ghettocelebrates Downs’s life and his probing studies.The Golden Ghetto: The American Commercial Community at Canton and the Shaping of American China Policy 1784–1844,, published in 1997, represents the first fruits of a lifetime’s original research. This valuable book literally opened up the history of American trade in the days of the Canton system, previously too much the domain of romance and nostalgia. Long anticipated, and warmly greeted upon its publication,The Golden Ghetto...

  4. Foreword
    Foreword (pp. 7-8)
    Peter Ward Fay

    This is a remarkable book. It is not a lifetime’s work, for Jacques Downs is still alive and well and will be heard from again. But it most certainly represents an immense, prolonged, never-flagging labor of love—of love and interest—of love and interest directed at the American community in China from its first appearance in the 1780s to the moment just after the Opium War of 1840–42 when it became possible for Americans, like all foreigners, to move from Macao and Canton out to other places on the coast and in the interior. Downs has studied this...

  5. Introduction
    Introduction (pp. 9-16)

    To enter upon so substantial a study of so relatively obscure a subject is not something one does soberly, deliberately, or sensibly. One drifts into it, falling in love with the subject and continually discovering new material until one is hopelessly entangled. Once engulfed by the present subject, I saw very clearly that there was much modern readers could not possibly understand without considerable guidance. This clarification, I console myself, is the chief merit of this work.

    The present study, begun as a term paper, became a dissertation topic, evolved into several articles, and ultimately, perhaps, into an obsession. For...

  6. Part One: The Golden Ghetto
    • 1 Old Canton and Its Trade
      1 Old Canton and Its Trade (pp. 19-64)

      Approaching Macao from the sea, one is struck first by the town’s extraordinary beauty. Built on the end of a peninsula that juts out into the South China Sea, Macao, in the late eighteenth century, was a lovely, orderly contrast to the life that seamen had endured on the long voyage from the Atlantic or the Northwest Coast of America. For well over two centuries, the tiny Portuguese colony had given a Mediterranean, even Moorish, aspect to the maritime gate to China. This remnant of a once-great and still impressive empire remained the only European jurisdiction permitted within the Celestial...

    • 2 American Business under the Old System
      2 American Business under the Old System (pp. 65-104)

      Until relatively recently the Orient has always represented riches, exoticism, and luxury to the West. Medieval contacts with East Asia were occasional and fleeting, a circumstance that added to the legend. Such trade as existed was a trade in rare products like spices, porcelain, and silks. Marco Polo, the Portuguese explorers, and Dutch merchants of the early modern period further reinforced the myth both in their tales and in the commerce they pursued. The maritime trade that grew up with China was a commerce in wonderful things like lacquers, jades, bronzes, carvings, fans, incense, porcelain, and any number of other...

    • 3 Opium Transforms the Canton System
      3 Opium Transforms the Canton System (pp. 105-140)

      The traditional story of the old China trade emphasizes the search for something—anything—that the Chinese would buy. Here was a reclusive nation with inexhaustible supplies of teas, silks, and other highly desirable products, that wanted nothing that Americans had to offer in return. Here was a challenge worthy of the enterprise for which the early United States became renowned. In response American merchants proved endlessly inventive. Tiny, fast-sailing vessels, manned by intrepid Yankees, scattered all over the globe in pursuit of the strange products that the Chinese demanded. Among other peculiar items were amomum, aniseed stars, benzoin, bezoar,...

  7. Part Two: The Residents and Their Firms
    • 4 The Dominant Firms
      4 The Dominant Firms (pp. 143-189)

      Prior to the Industrial Revolution, the road to fortune was the road of trade. Typically a young trader began as a clerk in an established company, where he received his basic business training. He then became a supercargo,¹ a businessman traveling with a ship but having plenary power over the goods aboard. A sedentary merchant in America had no way of knowing what market conditions in Canton would be when the ship arrived, months after leaving home. Reliance on the supercargo’s judgment was necessary, and his power of decision was absolute within the limits of his instructions, which were necessarily...

    • 5 The Other Houses
      5 The Other Houses (pp. 190-221)

      In 1828 a new firm, Russell & Sturgis, announced its existence at Manila, giving among its references Russell & Co., Bryant & Sturgis, Perkins & Co., and Perit & Cabot of Philadelphia.¹ Even if he had not seen the names of the principals, a contemporary merchant reading the circular would have recognized that here was yet another link in the Boston Concern’s network, for all four of these firms were involved. One of the partners was Henry Parkman Sturgis, a nephew of James P. Sturgis and a great-nephew of William Sturgis. He had arrived in Manila by way of Canton,...

    • Plates
      Plates (pp. None)
    • 6 The China Trader
      6 The China Trader (pp. 222-256)

      If there is one quality that strikes a modern reader of the correspondence of Canton residents, it is the very commercial nature of the community. Hong merchants, British private traders, especially the restless Scots and Americans, all displayed the same motivation. Yet somehow the Americans seem to have been the least complicated, the most typical businessmen. The hong merchants were the most sensitive to status and security pressures, especially because they were responsible to the imperial government and very vulnerable. They also held to Chinese values and hoped to rise in the social system, but “their primary loyalty was to...

  8. Part Three: Cushing’s Treaty
    • 7 The Creation of an Official Policy
      7 The Creation of an Official Policy (pp. 259-286)

      The mercantile residents of Canton had come for a single purpose; so had the missionaries. Neither was primarily interested in politics or diplomacy. They understood Ch’ing bureaucracy and its policy very imperfectly, but they chafed at the restrictions on their lives. In their letters and China coast publications, they objected impotently, but, for the most part, quietly. Except for the hong merchants, the Chinese, of course, heard none of their complaints, and certainly they intended to make no changes.

      Because the American consul held no diplomatic commission and was not recognized by the Chinese authorities except as ataipan(i.e.,...

    • 8 The Mission to China
      8 The Mission to China (pp. 287-309)

      As with other such missions in that day, the success of the Cushing embassy depended almost entirely on circumstances (luck) and on the skill of the mission’s principal member. The administration had chosen its man well, despite the partisan attacks of the Jacksonians. But for all his ability, training, and scholarship, not even Cushing could claim to be well informed on China.

      It was in the early spring of 1843 that this aloof scholar-statesman began to prepare for his contest with the representatives of the Son of Heaven. A more mountainous task can scarcely be imagined. No one in America...

    • 9 Retrospection
      9 Retrospection (pp. 310-320)

      Once the treaty was signed, there was little else for Cushing to do, but, shrewd lawyer that he was, he unquestionably understood the value of putting the treaty to the test of practice. By so doing he would establish precedents for the guidance of his successors and of the Chinese. The most delicate problem presented by the new articles was undoubtedly that of applying the extraterritorial clauses. The Hsü-A-man killing provided an ideal opportunity to put the new system into effect.

      Governor Ch’eng Yü-ts’ai began the exchange of notes with a message to Consul Forbes on 18 June demanding that...

  9. Epilogue: The Legacy of Old Canton
    Epilogue: The Legacy of Old Canton (pp. 321-341)

    A perspicacious reader might ask, “Why study any dead community at such length?” An answer to this question must necessarily be complex. Certainly the Canton firms produced business, financial, and lifestyle leaders among the American wealthier classes, especially in the northeast. Equally clear is the fact that among the American residents of old Canton lay the origin of American policy toward China. Because the community was so extraordinary, an acquaintance with its composition, activities, and attitudes is necessary for an understanding of that group and that policy. The life of the foreign enclave and the manner in which business was...

  10. List of Abbreviations
    List of Abbreviations (pp. 342-344)
  11. Appendix 1: Wade-Giles–Pinyin Equivalents
    Appendix 1: Wade-Giles–Pinyin Equivalents (pp. 345-347)
  12. Appendix 2: Statistics and the American Trade
    Appendix 2: Statistics and the American Trade (pp. 348-357)
  13. Appendix 3: A Note on the Silver Trade
    Appendix 3: A Note on the Silver Trade (pp. 358-363)
  14. Appendix 4: Known Partners of American Firms at Canton, 1803–44
    Appendix 4: Known Partners of American Firms at Canton, 1803–44 (pp. 364-366)
  15. Appendix 5: Commercial Family Alliances
    Appendix 5: Commercial Family Alliances (pp. 367-370)
  16. Appendix 6: Robert Bennet Forbes’s Correspondence with Warren Delano, 1879
    Appendix 6: Robert Bennet Forbes’s Correspondence with Warren Delano, 1879 (pp. 371-373)
  17. Appendix 7: A Note on Sources
    Appendix 7: A Note on Sources (pp. 374-382)
  18. Notes
    Notes (pp. 383-458)
  19. Bibliography
    Bibliography (pp. 459-488)
  20. Index
    Index (pp. 489-496)
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