History of merchant shipping and ancient commerce, Volume 4 (of 4)Lindsay, W. S. (William Schaw)
History
History of merchant shipping and ancient commerce, Volume 4 (of 4)
Lindsay, W. S. (William Schaw)
Commerce -- History; Shipping -- History; Steam navigation -- History
Though the Americans still retain the whole of their river, lake, and
coasting trade, including even the distant voyage between New York
and California, for the immediate benefit of their own shipping, the
vessels of both nations conduct on equal terms the intercourse between
the mother-countries, and have done so for more than half a century.
But when, towards the close of the War of Independence, the struggle
for supremacy commenced, the shipping of both England and America were,
in all branches of their maritime commerce, under the leading-strings
of their respective legislators. England would not then allow American
vessels to trade with most of her vast possessions and, while thus
nursing her shipowners, prevented the mass of her people from deriving
the advantages invariably flowing from a natural and wholesome
competition. Nor did she, indeed, confer any real benefit on this
favoured class: on the contrary, she taught them to lean on Protection,
instead of depending on their own skill and industry. The consequences
were apparent in even the earlier results of this struggle. Having
ample fields for employment exclusively their own, English shipowners
did not enter with their wonted energy, into the direct carrying trade
between their own country and America, which was so rapidly developed
after the Americans had become independent; they remained satisfied
with those branches of commerce expressly secured to them by law, just
as the boy too frequently does who, receiving a small patrimony by his
parents, cares not to exert himself to increase it and, consequently,
leaves others not so highly favoured, to surpass him in the race of
competition for wealth and independence. Thus the shipowners of Great
Britain did not care to continue their vessels in the trade with
America in a competition, on equal terms, with those of that country,
especially when they found they would have to produce a superior class
of vessel and to use extra exertions, to make this trade pay as well as
did their protected branches of oversea commerce without the additional
trouble of “improvements.” It was otherwise with the shipowners of the
United States, for there was then no other branch of oversea trade
where the laws of nations allowed them to compete on equal terms with
foreign vessels.
[Sidenote: “Baltimore clippers,” and “American liners.”]
Public-domain text, read in full here on John Shaqi.
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