War and The Chinese Surrender
Once in London, Jardine’s first order of business was to meet with Lord Palmerston. He carried with him a letter of introduction written by Superintendent Elliot that relayed a few of his credentials to Palmerston,
- “This gentleman has for several years stood at the head of our commercial community and he carries with him the esteem and kind wishes of the whole foreign society, honourably acquired by a long career of private charity and public spirit.”
In 1839, Jardine successfully persuaded the British Foreign Minister, Lord Palmerston, to wage war on China, giving a full detailed plan for war, detailed strategic maps, battle strategies, the indemnifications and political demands from China and even the number of troops and warships needed. Aided by Matheson's nephew, Alexander Matheson (1805–1881) and MP John Abel Smith, Jardine met several times with Palmerston to argue the necessity for a war plan. This plan was known as the Jardine Paper. In the 'Jardine Paper', Jardine emphasized several points to Palmerston in several meetings and they are as follows: There was to be complete compensation for the 20,000 chests of opium that Lin had confiscated, the conclusion of a viable commercial treaty that would prevent any further hostilities, and the opening of further ports of trade such as Fuzhou, Ningbo, Shanghai, and Keeson-chow. It was also suggested by Jardine that should the need arise to occupy an island or harbor in the vicinity of Guangzhou. Hong Kong would be perfect because it provided an extensive and protected anchorage. As early as the mid-1830s, the island of Hong Kong had already been used for transhipment points by Jardine Matheson and other firms' ships. Jardine clearly stated what he thought would be a sufficient naval and military force to complete the objectives he had outlined. He also provided maps and charts of the area. In a well calculated recommendation letter to Parliament, creating a precedent now infamously known as 'Gunboat Diplomacy', Jardine states:
"No formal Purchase, -- no tedious negotiations,...A firman insistently issued to Sir F. Maitland authorizing him to take & retain possession is all that is necessary, & the Squadron under his Command is quite competent to do both,...until an adequate naval and military force...could be sent out from the mother Country. When All this is accomplished, -- but not till then, a negotiation may be commenced in some such Terms as the following - You take my opium - I take your Islands in return - we are therefore Quits, --& thenceforth if you please let us live in friendly Communion and good fellowship. You cannot protect your Seaboard against Pirates & Buccaneers. I can - So let us understand Each other, & study to promote our mutual Interests."
This letter is in itself a reflection of the very nature of Jardine as a businessman and itself an explanation why the man was considered as the most powerful trader in the South China coast.
Lord Palmerston, the Foreign Secretary who succeeded Wellington, decided mainly on the "suggestions" of Jardine to wage war on China. In mid-1840, a large fleet of war ships appeared on the China coast and with the first cannon fire aimed at a British ship, the Royal Saxon, the British started the first of the Opium Wars. British warships destroyed numerous shore batteries and enemy warships, laid waste to several coastal forts, indiscriminately bombarding town after town with heavy cannon fire, even pushing up north to threaten the Imperial Palace in Beijing itself. The Imperial Government, forced to surrender, gave in to the demands of the British. Richard Hughes, in Hongkong: A Borrowed Place, A Borrowed Time, stated "William Jardine would have made his mark as admirably as a soldier as he did as a Tai-pan." Lord Palmerston wrote,
- “To the assistance and information which you and Mr. Jardine so handsomely afforded us it was mainly owing that we were able to give our affairs naval, military and diplomatic, in China those detailed instructions which have led to these satisfactory results.”
In 1843, the Treaty of Nanjing was signed by official representatives of both Britain and China. It allowed the opening of major five major Chinese ports, granted extraterritoriality to foreigners and their activities in China, indemnification for the opium destroyed and completed the formal acquisition of the island of Hong Kong, which had been officially taken over as a trading and military base since 26 January 1841, though it had already been used years earlier as a transhipment point. Trade with China, especially in the illegal opium, grew, and so did the firm of Jardine, Matheson and Co, which was already known as the Princely Hong for being the largest British trading firm in East Asia.
In 1841, Jardine was elected to the House of Commons a Whig Member of Parliament (MP) representing Ashburton in Devon. He was also a partner along with longtime friend and business partner Hollingworth Magniac in the merchant banking firm of Magniac, Smith & Co., later renamed Magniac, Jardine & Co., the forerunner of the firm Matheson and Co. Despite his nominal retirement, Jardine was still very much active in business and politics and built a townhouse in 6 Upper Belgrave Street, then a new upscale residential district in London near Buckingham Palace. He had also bought a country estate, Lanrick Castle, in Perthshire, Scotland. He had enjoyed the fruits of his long years of labor in China as a wealthy gentleman and MP in England and in Scotland.
Read more about this topic: William Jardine (merchant)
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