1. The First Opium War
... imports and soon it became quite a problem when Britain imports of tea from China exceeded Britain exports to China. England had to make up the deficit in silver, which China happily agreed to, since silver was used as the cash currency at the time. To help alleviate the decrease in the deficit, Lord Macartney was sent to China in 1792 to arrange ... the government of India. The opium was then sold in Lintin, which in turn finances the purchase of tea from China by Britain (Fay 55). Meanwhile, the opium trade caused a silver shortage in China because of the large amounts of opium that w...
- Word Count: 1714
- Approx Pages: 7
- Has Bibliography
- Grade Level: High School