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acures sent out and the tea brought home in pay
ment, has been from thirty-6ve TO forty per cent.
Some Of the manufacturers have abandoned the trade
altogether, and much of the tea lately sent home
has been sent on Chinese account the English mer-
chant declining to run the risk of the venture This
state of trade is said not to arise from any want of
demand in China for British manufactures, or from
the increasing competition of other nations, but sim
ply from the di6iculy Of finding return.


The bulk of the Chinese trading transactions is
with England, British India, and the United States.
The imports into China in 1s45 were as follows
From all countries ................ $40, 500, 7s4
In English ships. ps.......... SIG, ora, ,6s2


In American ships ............ 2,909,669


Is 9S3 35I