3 AUGUST 1839, Page 11

The ingenious correspondent to whom we are indebted for a

paper on the Stoppage of the China Trade, doubts the truth of that part of the account from Canton, which states that the opium has been actually given up to the Chinese authorities. The opium, he says, is not at Canton, but 100 miles down the river, on board of a dozen English ships; the masters of which would certainly not give it up at the bid- ding of the merchants, who are only agents, not owners : still less would they deliver it on Mr. Emaorr's orders. Oar correspondent doubts also whether Mr. ELLIOTT, a prudent person, would have gua- ranteed payment of the opium.