Samuel Russell, an American entrepreneur and trader, established Russell & Company, which became the most significant and largest American trading house in China from 1842 until its dissolution in 1891. After arriving in Canton, China, in 1819, Russell conducted trade on behalf of the Providence-based firm, Edward Carrington & Company, dealing in various goods such as opium. The substantial profits he earned enabled him to establish Russell & Company in Canton in 1824, which mainly traded in silks, teas, and opium. The company flourished, and by 1842, it had risen to become the most significant American trading house in China.
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