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
Now it is inseparable from the nature of all great changes of system
that particular interests must, occasionally, suffer from causes which
contribute to the general good; it is, therefore, possible in this
instance, that particular trades may have been injuriously affected,
while the general interests of British shipping have been promoted.
The statistical accounts of British tonnage employed at any given
time afford a very imperfect test of the actual condition of the
shipping interest, the more so as shipping is often employed with very
inadequate remuneration; but this remark does not apply to periods
of time extending over several years; hence, the shipping returns of
the nine years since the repeal of the Navigation Laws may be fairly
held to supply sufficient evidence of the influence that measure has
exercised on the permanent interests of British shipping.
[Sidenote: Board of Trade report and returns.]
Consequently a table was prepared by the Board of Trade to show the
total aggregate tonnage of British and foreign vessels, respectively,
entered and cleared, with cargoes and in ballast, at ports of the
United Kingdom in each year from 1842 to 1857 inclusive, a period
comprehending eight years before and eight years after the repeal of
the Navigation Laws.[187]
[Sidenote: English and foreign tonnage.]
It will be seen from this table that during the first period British
tonnage advanced from 6,699,995 tons in 1842 to 9,669,638 in 1849,
being an increase of 2,969,643 tons.
In the second period it advanced from 9,442,544 tons in 1850 to
13,694,107 tons in 1857, being an increase of 4,251,563 tons.
In the same period the progress in the employment of foreign tonnage
in the trade of the United Kingdom has been from 1842, 2,457,479 tons;
to 1849, 4,334,750 tons; increase 1,877,271 tons. From 1850, 5,062,520
tons; to 1857, 9,484,685 tons; increase 4,422,165 tons.
It must be borne in mind, that these tables only show the state of
the trades before the repeal was completely carried out for British
and, partially so, to foreign ships, and that, in order to estimate the
full effect of the measure on British shipping, it is necessary, also,
to show the number of British ships built and registered during the
respective periods.[188]
There are two features in these returns deserving special notice.
1st. According to the opinion of the Board of Trade this account shows
a larger relative increase than that of the previous returns relating
to the employment of tonnage, while it, at the same time, confirms
the hypothesis that many British ships now find an employment in the
indirect trade of foreign countries, which, of course, does not appear
in the accounts rendered in England. Indeed, during the period of
protection, there was an actual decrease in the amount of tonnage built
and registered, while a large increase took place in the second period
of open competition.
[Sidenote: Sailing vessels and steamers in home and foreign trades.]
Public-domain text, read in full here on John Shaqi.
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