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
William Wheelwright,[283] an American citizen, and at that time United
States’ Consul in Guayaquil, was no common man. He saw the advantages
to be derived from developing the rich resources of the eastern shores
of the Pacific, and the facilities which steam communication would
afford to the more frequent and more rapid intercourse between the
then rival republics. Nor was he mistaken in the views he entertained,
though he had many difficulties to overcome. Steam, while it eventually
became the chief means of settling the petty wars which had so long
raged, offered, at the same time, so many new sources of profitable
employment, with the opening up so many new channels of trade, as
happily to direct the attention of the native inhabitants from the
struggles of war to the peaceful pursuits of commerce. Studying the
wants of those countries and the most efficient means of affording
profitable employment to the people, Mr. Wheelwright spent six of the
best years of his life in arranging plans for steam communication
between the different republics, and, at last, obtained from the
Peruvian, Bolivian, and Chilian Governments the privilege of thus
navigating their coasts for the term of ten years. He then made a
journey to England for the purpose of endeavouring to influence the
wealthy merchants of this country to aid him in the undertaking.
[Sidenote: Obtains a charter, 1840.]
Here, however, he had still many difficulties to overcome, for the
trade he proposed to develop was then comparatively unknown, and the
little wars between the republics of the Pacific naturally led English
merchants to hesitate, ere they embarked their capital in a company
whose prospects were at that time far from encouraging. Nevertheless,
he succeeded in his object, and, on the 17th of February, 1840,
obtained, under letters patent, a charter for the establishment of the
undertaking now known as the Pacific Steam Navigation Company, together
with a small subsidy for the conveyance of the mails.
This contract differs from all others, in this respect, that the
vessels employed under it do not touch at any port of Her Majesty’s
dominions, although, practically, it may be considered as providing a
continuation of the line from Southampton. The extension of British
influence and British commerce was, doubtless, the chief inducement
for supporting this communication between the republics of New
Grenada, Bolivia, Peru, and Chili; the nature and extent of that
traffic rendering it necessary for the English to maintain mercantile
establishments in the chief ports and towns on the western coast of the
Pacific, and thus justifying Government in incurring this expense.[284]
Public-domain text, read in full here on John Shaqi.
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