American Merchants and the China Opium Trade, 1800–1840
Jacques M. Downs
Business History Review, 1968, vol. 42, issue 4, 418-442
Abstract:
Although much has been written about the British opium trade, American traffic in the drug has received little attention. Professor Downs' article reveals that American merchants played a significant innovating role in developing new sources of supply and expanding the market. These activities forced the monopolistic British East India Company to protect its opium trade to China and led to the Opium War in 1839, when the Chinese government attempted to stop importation of the narcotic.
Date: 1968
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