Manual of Ship Subsidies: An Historical Summary of the Systems of All NationsBacon, Edwin M. (Edwin Monroe)
History
Manual of Ship Subsidies: An Historical Summary of the Systems of All Nations
Bacon, Edwin M. (Edwin Monroe)
Shipping bounties and subsidies
Their original objects when first applied to steamship service, as
defined by a Parliamentary committee in 1853, were--"to afford us rapid,
frequent, and punctual communications with distant ports which feed the
main arteries of British commerce, and with the most important of our
foreign possessions; to foster maritime enterprise; and to encourage the
production of a superior class of vessels, which would promote the
convenience and wealth of the country in time of peace, and assist in
defending its shores against hostile aggression." To foster British
commerce they have undeniably been employed to meet and check foreign
competition on the seas, as the record shows.
In the United States they have taken the form of postal subsidies openly
granted for the two-fold purpose of the transportation of the ocean
mails in American-built and American-owned ships, and the encouragement
of American shipbuilding and ship-using.
CHAPTER II
GREAT BRITAIN
England has never granted general ship-construction or navigation
bounties except in the reigns of Elizabeth and James I. Under Elizabeth
Parliament offered a bounty of five shillings per ton to every ship
above one hundred tons burden; and under James I that law was revived,
with the bounty applying only to vessels of two hundred tons or over.[A]
A policy of Government favoritism to shipping, however, began far back
in the dim ninth century with Alfred the Great. Under the inspiration of
this Saxon of many virtues, his people increased the number of English
merchant vessels and laid the foundation for the creation and
maintenance of a royal navy.[B] The Saxon Athelstan, Alfred's grandson,
whose attention to commerce was also marked, first made it a way to
honor, one of his laws enacting that a merchant or mariner successfully
accomplishing three voyages on the high seas with a ship and a cargo of
his own should be advanced to the dignity of a thane (baron).[C]
The first navigation law was enacted in the year 1381, fifth of Richard
II. This act, introduced "to awaken industry and increase the wealth of
the inhabitants and extend their influence,"[D] ordained that "none of
the King's liege people should from henceforth ship any merchandise in
going out or coming within the realm of England but only in the ships of
the King's liegeance, on penalty of forfeiture of vessel and cargo."[E]
This act of Richard II was the forerunner of the code of Cromwell, which
came to be called the "Great Maritime Charter of England," and the
fundamental principles of which held up to the second quarter of the
nineteenth century.
Public-domain text, read in full here on John Shaqi.
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