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
in the East end of London; it is sufficient to state that vice in its
darkest forms, without one redeeming spark, held high revel there.
They were, indeed, loathsome “hells.” I gained from them, however, a
knowledge which I could not otherwise have obtained, and which I hope
proved of some service to the Board of Trade when they were framing
their excellent measures for the improvement of our mercantile marine.
[169] During the year ending 20th November, 1874, 50,182_l._ 15_s._
6_d._ was received at the Seaman’s Savings-banks, and 45,964_l._ 9_s._
10_d._ paid away, leaving to the credit of the seamen depositors, with
interest, 81,116_l._ 1_s_. Since the money-order offices were opened
in 1855, there has been received through these offices at ports in the
United Kingdom and ports abroad, up to the close of 1874, 4,827,093_l._
1_s._ 11_d._, and remitted to 804,208 persons the sum of 4,822,338_l._
14_s._ 8_d_. See Parl. Papers, Seaman’s Savings-banks and Money-orders,
161, 21st April, 1875. I most sincerely trust that Government will do
everything in its power to encourage and induce seamen to make more use
than they now do of these most valuable offices. These and education,
more than stringent legislative enactments, are the instruments whereby
the power of the crimp is to be crushed, and our seamen elevated to the
position of our mechanics.
CHAPTER XIII.
Scarcity of shipping at the commencement of the Crimean
War—Repeal of the manning clause—Government refuses to issue
letters of marque—Great increase of ship-building and high
freights—Reaction—Transport service (_notes_)—Depression
in the United States—The _Great Republic_—Disastrous
years of 1857 and 1858—Many banks stop payment—Shipowners’
Society still attribute their disasters to the repeal of
the Navigation Laws—Meeting of Shipowners, December 15th,
1858—Their proposal—Resolution moved by Mr. G. F. Young—Mr.
Lindsay moves for Committee of Inquiry—Well-drawn petition of
the Shipowners—Foreign governments and the amount of their
reciprocity—French trade—Spanish trade—Portuguese trade—Belgian
trade—British ships in French and Spanish ports—Coasting
trade—Non-reciprocating countries—Presumed advantage of
the Panama route—Question discussed—Was the depression due
to the withdrawal of Protection?—Board of Trade report and
returns—English and foreign tonnage—Sailing vessels and steamers
in home and foreign trades—Shipping accounts, 1858—Foreign and
Colonial trades—Probable causes of the depression in England and
America—American jealousy and competition—Inconclusive reasoning
of Board of Trade—Government proposes to remove burdens on British
shipping—Compulsory reciprocity no longer obtainable—Real value of
the Coasting trade of the United States—Magnanimity of England in
throwing open her Coasting trade unconditionally not appreciated
by the Americans.
Public-domain text, read in full here on John Shaqi.
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