History of merchant shipping and ancient commerce, Volume 3 (of 4)Lindsay, W. S. (William Schaw)
History
History of merchant shipping and ancient commerce, Volume 3 (of 4)
Lindsay, W. S. (William Schaw)
Commerce -- History; Shipping -- History; Steam navigation -- History
As considerable uneasiness had been felt by those who advocated the
policy of Protection with reference to the competition which might be
anticipated from the shipping of the three Hanse Towns—Lubeck, Bremen,
and Hamburg—although on inquiry it was shown that the whole tonnage
of sea-going ships belonging to these ports was only about 150,000
tons register, it is advisable here to refer to the testimony of Mr.
William Richmond, who was deputed by the shipowners of the borough
of Tynemouth to appear before the Committee.[66] This gentleman had
been a shipowner for nearly fifty years, and, at his advanced age,
was reluctant to appear: but zeal for a cause to which he had devoted
great energy during a long life, together with the importance of the
subject, induced him to come forward to rescue, so far as he could, the
shipowners from “impending destruction.” It is unnecessary, however,
here to follow him through his elaborate history of the Navigation
Laws, but, as an exponent of the views of many shipowners in the
north of England, the points he urged most strongly ought not to be
overlooked. Strange, however, to say, his first contention was that,
for the preceding twenty-five years, the shipping trade had been a
losing one, those employed in the Baltic during the whole of that
time having made no money whatever. When, naturally, he was asked
to explain how it had come to pass that a losing trade should be so
long maintained, Mr. Richmond entered into details, which, though not
satisfying the Committee as to the whole force of his assertion, threw
considerable light on the actual state of the merchant shipping at that
period.[67]
[Sidenote: Replies to charges against the ship owners.]
It had been charged against shipowners, as we have seen,[68] that
their ships were unseaworthy, while the masters had been condemned
in no measured terms. These accusations he indignantly repelled; his
explanation as to the permanence of a losing trade being substantially
this—that a distinct class of men existed who were shipowners, and
not merchants, whose fathers had been shipowners for successive
generations, and had left them ships as their only inheritance; and
that, as they could not readily divest themselves of this property, and
had no means of buying ships of an improved description fit to compete
with vessels of more modern date,[69] their commercial career generally
ended with the Gazette.
[Sidenote: Views as to captains of merchant ships.]
Public-domain text, read in full here on John Shaqi.
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