Export Control Quotes



This was in response to English Emissaries who wanted to establish trading businesses in China. The Emperor would not even meet personally with Lord McCartney, the first British envoy because McCartney would not kow-tow to the Emperor. The “hongs” were special businesses set up by Chinese businessmen who had paid the Proper fee, for the purposes of being traders with foreigners. Canton, now Guangzhou, is 150 years later still the major international trading center in China although there are no longer restrictions. At the time, the British paid for their Chinese good with Opium that they had purchased in their Indian Colony. English cloth and other goods would be sent to India, traded for opium, which was brought to China and traded for tea, silks and porcelain which were returned to England and turned into cash than was worth much more than their original purchase and the cost of the voyage.


The letter was actually drafted and written by Cassiodorus, the King’s secretary. As in modern times, there were places and times where foreign buyers were willing to pay sufficiently high prices to not only price the producing locals out of the market, but causing local famine and deprivation. Controlling the global economy is nothing new.


Spanish troops were threatening New Orleans and the European wars were active. The President was concerned that if we exported arms and ammunition and then needed to fight there would not be sufficient available. This probably was the first strategic arms embargo and export restriction of the nation.