Show THE CHINESE TRADE Lively Competition on the I Pacific Looked For New York 26The CommercialBvl Utm The dispatch from San Francisco or > Thursday stating thai sharp compel lion hid broken out for the China trade is the subject of much comment urnon merchants in the China trade here Some are of the opinion that this might be the beginning of H long war between the two lines especially as it is conjectured that the Chinese line backed by theimperia government It u known that the China Merchants Company is a aemi governmental govern-mental concern and receives a coneid erable subsidy Then too the line will have the sympathy and support of many of the native merchants anti befog well officered by Europeans there was no reason why it should not succeed It is also known that the linen so much in earnest as to have ordered three new steamers to be constructed in Scotland and which it is thought will be completed com-pleted before August President Houston Hous-ton of tbo Pacific Mull expresses the opinion that the Chinese line will not be able to compete with them but to a very little extent unless they can buy up the overad railways Until they can do that W thinks the competition will amount to nothing It was also stated that tne Chinese steamers were small and not of a character to compete in tho PacIfic Pa-cIfic trade Altogether the Pacific Mail people treat tho matter as of really small importance |