Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

The answer to the bonus question is opium. In particular the Forbes family (not related to the magazine folks) traded about 20% of all the opium sold in China during this period with the other 80% coming from the British East India Company and other UK-based trading houses.

Fun fact, the Forbes family is still one of the wealthiest families in America, they own their own massive private island called Naushon Island right next to Martha's Vineyard. They also have their own family museum in Boston where you can learn about their trading history in Asia which I'm super eager to visit And the patriarch of the Forbes Family today is... wait for it... John Kerry. When Obama made Kerry his secretary of state the Chinese weren't super thrilled, they have a long memory.



Source for this is a book called Barons of the Sea: https://www.amazon.com/Barons-Sea-Worlds-Fastest-Clipper/dp/...

Great book if you're interested in America's history in large scale drug dealing.


(that was interesting, thank you)

> wealthiest families

The role of families in history is sadly under-reported.

I'll bet a lot of interesting stuff would come up if that angle were properly mined.

Probably hard to get funding for it, though.


FDR's grandpa also got rich trading opium. Great article here: "How Profits From Opium Shaped 19th-Century Boston"

https://www.wbur.org/news/2017/07/31/opium-boston-history




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: