Saturday, April 28, 2012

259. Ginseing and the Founding Fathers


American Ginseng, nicknamed Flower Flag Ginseng, was the most important commercial good in the trade between Chinaand the United Statesduring the late 1700s leading into the early 1800s. American Ginseng’s role in promoting the trade between China and the United States is evident by how the amount of Ginseng shipped to China increased proportionally during the first five administrations of the United States.

During the Washingtonadministration of 1789-1797, the United States exported 374,792 lb. of Ginseng to China. However, during John Adam’sshort administration, 1797-1801, the United States exported 337,192 lb., close to that of the Washington administration. During the Thomas Jefferson Administration of 1801-1809, the American merchants sent 1,617,594 lb. to China.  Compared with that of Washington’s administration, the export of Ginseng increased 4.3 times.  In theJames Madison administration, 1809-1817, the US exported 1,000,660 lb. to China. During the last presidency of the founding father generation, the James Monroeadministration (1817-1825), the amount of American Ginseng exported to China reached 2,868,062 lb.  

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