A very common practice was for a number of people to “club” together to
provide the funds for a “run,” which generally ruled at £1 per “tub.”
Some would, say, take fifty shares (i.e., “tubs”); others more or less
as the case might be. The captain of a likely vessel was engaged to
make the trip for a lump sum varying in amount according to the size of
the cargo, seldom, however, falling much below £100. Then the men of
the crew would have to be paid from £25 down to £10 a piece, according
to the amount involved and the demand for men at the time. In France
the “tubs” would cost from 17s. to 18s., and each English sovereign was
worth in purchasing value about twenty-one shillings; but, taking it
all round, to the persons engaged in financing the run the cost would
amount to £1 per “tub,” the difference being taken by the captain for
incidental expenses, such as sinkers, rope, food for crew on trip, etc.
Then there would be an additional £1 to pay for each “tub” successfully
“run” and delivered to the adventurers. The total cost was thus about
£2 per tub; the value of each on this side of the Channel _had the
duty been paid_ £6 to £6 5s. Then it should not be forgotten that the
spirit was so greatly above proof (generally 70%, and sometimes as high
as 180%) that it could be diluted to twice, three, or even four times
its bulk, so that each “tub” would ultimately produce from £12 to £20.
Or in profit--less, of course, the amount paid to the captain and men
of the boat--£10 to £18 per tub according to the amount of dilution
which the strength of the original spirit allowed. On a cargo of 200
“tubs” or more it will be easily seen that the profit to be divided
was enormous, and if the venture was that of a single individual
half-a-dozen successful runs would almost make his fortune.
In the event of a cargo being seized the loss was in a very much less
proportion. It consisted merely of the £100 paid the captain, the
amount paid the men in the boat, and £1 per tub. It is little wonder
then that, in the days to which we refer, smuggling was rife all along
the coast from the North Foreland to Penzance.
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account