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The insolvency of the Chinese Hong m...

Chen, Kuo-tung Anthony.

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The insolvency of the Chinese Hong merchants, 1760-1843. (Volumes I and II).

紀錄類型:	書目-語言資料,印刷品 : Monograph/item
正題名/作者:	The insolvency of the Chinese Hong merchants, 1760-1843. (Volumes I and II)./
作者:	Chen, Kuo-tung Anthony.
面頁冊數:	484 p.
附註:	Source: Dissertation Abstracts International, Volume: 51-08, Section: A, page: 2845.
Contained By:	Dissertation Abstracts International51-08A.
標題:	History, Asia, Australia and Oceania. -
電子資源:	http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=9101254

The insolvency of the Chinese Hong merchants, 1760-1843. (Volumes I and II).
Chen, Kuo-tung Anthony.

The insolvency of the Chinese Hong merchants, 1760-1843. (Volumes I and II). - 484 p.

Source: Dissertation Abstracts International, Volume: 51-08, Section: A, page: 2845.

Thesis (Ph.D.)--Yale University, 1990.

The problem dealt with in this dissertation is the insolvency of the Hong merchants. During the period between 1760 and 1843, while the business of China's foreign trade was prospering, most of the Hong merchants were in financial straits. The insolvency of the Hong merchants was not only a wide-spread phenomenon, but also a chronic one. Based primarily on the British East India Company's archives now kept in the India Office Library and Records, this dissertation means to inquire into the causes of the Hong merchants' insolvency and the way their debts were settled.Subjects--Topical Terms:

626624
History, Asia, Australia and Oceania.

The insolvency of the Chinese Hong merchants, 1760-1843. (Volumes I and II).
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100 1 $a Chen, Kuo-tung Anthony. $3 2098138
245 1 4 $a The insolvency of the Chinese Hong merchants, 1760-1843. (Volumes I and II).
300 $a 484 p.
500 $a Source: Dissertation Abstracts International, Volume: 51-08, Section: A, page: 2845.
500 $a Adviser: Jonnathan D. Spence.
502 $a Thesis (Ph.D.)--Yale University, 1990.
520 $a The problem dealt with in this dissertation is the insolvency of the Hong merchants. During the period between 1760 and 1843, while the business of China's foreign trade was prospering, most of the Hong merchants were in financial straits. The insolvency of the Hong merchants was not only a wide-spread phenomenon, but also a chronic one. Based primarily on the British East India Company's archives now kept in the India Office Library and Records, this dissertation means to inquire into the causes of the Hong merchants' insolvency and the way their debts were settled.
520 $a Except the Introduction and the Conclusion, this dissertation is divided into two parts. The first part, from Chapter II to Chapter IV, deals with the profitability of the Hong merchants' trade; the charges and expenses they ware liable to; and the issue of their financial predicament. Generally speaking, the business of the Hong merchants was profitable, and their expenses and charges coverable by their profits. The fundamental cause of their insolvency resided in their lack of capital and the dearth of cash in the Canton market. On account of these factors, the Hong merchants were subject to exorbitant interest rates or other detrimental methods to raise funds.
520 $a The second part, including Chapter V and Chapter VI, deals with the settlement of the Hong merchants' debts. What the Chinese government usually did was to pass on the debts of the bankrupts to the still viable Hong merchants. The British East India Company, on the other hand, preferred some sort of private arrangements. In a few cases, its servants even took into their own hands the management of the insolvent Hong merchants' routine business or financial arrangement for the recovery of the Company's claims. But their efforts were not quite successful.
520 $a In addition to the above discussion, an appendix containing the house histories of thirty-six hongs is provided to give more informations about individual Hong merchants.
590 $a School code: 0265.
650 4 $a History, Asia, Australia and Oceania. $3 626624
650 4 $a History, Modern. $3 516334
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792 $a 1990
793 $a English
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