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
It is unnecessary to enter into the details of the elaborate and
curious tables[71] Mr. Richmond prepared to show that there were as
many ships as formerly, and that their increase had kept pace with the
population between 1816 and 1846. Having explained these tables, he
then, in no very measured terms, charged Mr. Porter with “cushioning,”
or covering up for an unfair comparison, the merchant navies of
surrounding nations, and especially that of the United States. He
accused that gentleman distinctly of giving unfairly all the ships
engaged in the foreign, coasting, and colonial trade of England, in
his return of British tonnage; while the ships of the United States,
engaged in the foreign trade _only_, were given in that of the
American tonnage. By these means, an attempt was made to prove that a
large mass of tonnage of foreign nations was “cushioned” up, or kept
out of sight of the English people, because it would alarm them, if
they were to see such an immense tonnage of foreign vessels rising
around them, “as the day would come when they would knock at our doors.”
[Sidenote: Offers valuable details of ship-building.]
Elaborate tables of the prices of articles used in ship-building,
furnished by Mr. Richmond, on the authority of the most competent
persons engaged in the respective branches of this trade, will be found
in his evidence; and, here it may be desirable, as a record of facts,
to give an extract from a communication from the principal agent of
Lloyd’s, which Mr. Richmond read to the Committee, in reply to a query
with reference to the cost of new first-class ships, as it appears
that sales were effected at the prices therein named.[72]
The price per ton declined 1_l._ per ton, according to the years
for which the vessel was classed; and according to the North Country
Club Rules, 3_l._ 10_s._ per ton may be added to these prices
for a Baltic outfit—that is, for a ship when ready for a Baltic voyage.
As a corollary to these prices, which were, indeed, much lower than the
London rates (bad as well as good ships being built in Sunderland),
a list was given of the shipbuilders who had failed in Sunderland
within the short period from 1841 down to 1847. The list comprised no
less than 40 names—a melancholy catalogue—many of them were men whose
fathers and grandfathers had moved in good circles: yet these men had
all failed owing to the depression of business then prevalent.
[Sidenote: Is prepared to go all lengths in favour of Protection.]
Public-domain text, read in full here on John Shaqi.
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