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
With regard to the payment of the American captains, it is not the
practice to pay them by time, but by some advantage in the voyage. In
foreign freighting voyages the captains depend chiefly on the primage,
which is 5 per cent. upon the amount of the freight. That is usually
their chief source of emolument; but they, generally, receive also $30
a month wages. This, of course, gives them an interest in prosecuting
the voyage successfully, and in stimulating their men to exertion;
but, with great good taste, Mr. Minturn excused himself from making a
comparison between American and other ships; he strenuously, however,
denied that any national feeling influenced the merchants in the least
degree with respect to the freighting their goods from England in
American bottoms.
[Sidenote: Reciprocity treaties]
[Sidenote: so far as they affect Americans.]
With regard to the effect on America of the reciprocity treaties to
which I have already alluded, and which came into operation shortly
prior to 1830, it would appear that though the Government of the United
States proposed to all foreign nations that, if they would open their
ports to American shipping, they might enjoy all the benefits of their
foreign trade, the shipowners were distrustful of the operation of
this Free-trade system, as it was chiefly embraced by the States of
the north of Europe, which had no commerce to offer in return. Hence
efforts were continually made to rescind these treaties; but the
experience of their operation has been that the American commerce has
increased in a much greater ratio since that period than it had done
before. The reciprocity treaties have not, indeed, promoted the growth
of American tonnage; but, on the other hand, they have not retarded it;
and if the shipowners in the United States do not avow their error,
at all events their opposition has now ceased. Mr. Minturn was far
from acknowledging that the Americans had gained by these treaties;
indeed, he gave a positive opinion that they had nothing to do with the
increase of United States shipping. No new markets had been opened,
but commerce with all the world had increased, and probably nowhere so
much as with England. The chief extension of the commerce of the United
States with South America was with the Brazils, which was enhanced
owing to the consumption of coffee, the duty on which had been taken
off, the result being that the American consumption had doubled within
ten years.
Public-domain text, read in full here on John Shaqi.
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