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Rh for a cargo, and seeing American clippers coming in, loading, and sailing immediately with full cargoes, at a higher freight than they could command.

"This soon became a matter of serious moment, and the arrival of these vessels in the Thames caused great excitement, and aroused no small amount of curiosity and criticism. Even the attention of the Government became attracted towards them, and draughtsmen were sent from the Admiralty to take off the lines of two of the most famous—the Challenge and the Oriental—when they were in Messrs. Green's drydock."

This state of affairs could not, of course, continue without further arousing British ship-owners and builders to the danger of their position. Here was not one vessel, but a fleet of American clippers bringing cargoes from China at double the rates of freight that British ships could command, and unless some measures were adopted to check this invasion no one could predict where it might end. That British merchants paid so liberally to get their teas to a home market was certainly not because they cherished any special affection for American ships or their owners. They would have been quite as willing to pay British clippers the same freights, had there been any such to receive them, or even Chinese junks, provided the service could have been performed by them as quickly and as well. So we find the British ship-owners and builders of that period forced to exert their finest skill and most ardent energy. The firm of Jardine, Matheson & Co., of London