Trade finance was as crucial in the days of the Canton trade as it is today. This talk will examine the finance of the import and export sides of the American China trade and will review financial innovations that arose from and in the context of the trade. Reference will be made to important illustrative examples included in THE DRAGON AND THE EAGLE exhibition.
Biography of Speaker
Frederic Delano Grant, Jr. is a Boston, Massachusetts based lawyer. He received a B.A. degree, with high honors, from Bates College in 1976, a J.D. degree, cum laude, from Boston College Law School in 1983 and a Ph.D. in History from Leiden University in 2012. He is author of The Chinese Cornerstone of Modern Banking: The Canton Guaranty System and the Origins of Bank Deposit Insurance 1780-1933 (Studies in the History of Private Law, Martinus Nijhoff Publishers, Brill, Netherlands, 2014) and has written many articles on the business and legal history of trade in the Qing era between China and the West. These include “The April 1820 Debt Settlement between Conseequa and Benjamin Chew Wilcocks,” pages 73-94 in Paul A. Van Dyke, ed.,Americans and Macao: Trade, Smuggling and Diplomacy on the South China Coast(Hong Kong: Hong Kong University Press, 2012), and the Introduction to the 2014 republication by the Hong Kong University Press of The Golden Ghetto: The American Commercial Community at Canton and the Shaping of American China Policy, 1784-1844, the leading scholarly work on the history of the American China trade.His undergraduate thesis, “Edward Delano and Warren Delano II: Case Studies in American China Trader Attitudes Toward the Chinese, 1834-1844” (Bates College, Honors Thesis, 1976),contains additional information about the Delanos in China. Mr. Grant is a member of the Royal Asiatic Society Hong Kong and has contributed book reviews to its Journal.