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Created page with " Augustine Heard & Company was an American trading firm based at Canton in the 1860s. Eugene Van Reed was among its agents at its branch office in Yokohama. After..."

Augustine Heard & Company was an American trading firm based at [[Canton]] in the 1860s. [[Eugene Van Reed]] was among its agents at its branch office in [[Yokohama]].

After Van Reed competed against [[Thomas Glover]], an agent of Jardine, Matheson & Company in [[1863]]-[[1864]] for privileged position in the trade with [[Satsuma han]], Heard secured in autumn [[1867]] agreements with the domain allowing Heard's agents and ships to serve among the chief middlemen transporting goods for Satsuma. The domain established a set of warehouses at [[Hyogo no tsu|Hyôgo no tsu]] ([[Kobe]]), to be used by both domain and Heard agents once the port opened to foreign trade as a [[treaty port]] on January 1, [[1868]]. In general, the agreement consisted of Heard's agents overseeing the sale of Satsuma goods at Hyôgo, and also bringing in foreign goods to be sold by Satsuma's agents. Heard would also oversee the overseas sale of Satsuma goods, and the overseas purchasing for Satsuma of ships, arms, and the like. Furthermore, Heard company ships would be able to fly the [[Shimazu clan]] flag, allowing them to trade at "domestic" Japanese ports not open to foreign traders, giving Satsuma one-quarter of the resulting profits.

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==References==
*Robert Hellyer, ''Defining Engagement'', Harvard University Press (2009), 198-200.

[[Category:Bakumatsu]]
[[Category:Foreigners]]
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