Some competition to the East India Company …

Years: 1816 - 1827

Some competition to the East India Company comes from the newly independent United States, whose citizens begins to compete in Guangzhou (Canton), selling Turkish opium there in the 1820s.

In this way, Bostonian sea merchant John Perkins Cushing acquires his wealth, under the employ of his uncles' business, J. & T. H. Perkins.

So, too, does Samuel Russell, who establishes Russell & Company in Boston in 1823.

The company's business involves acquiring opium from Turkey and smuggling it into China, where it is prohibited, under armed protection of the British.

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