Until 1794 ships had been built from skeleton models composed of pieces that showed the frames, keel, stem, and stern post, but were of little use in giving an accurate idea of the form of a vessel, while it required much time and labor to transfer the lines of the model to the mould loft. In this year, however, Orlando Merrill, a young ship-builder of Newburyport, at that time thirty-one years old, invented the water-line model, which was composed of lifts joined together, originally by dowels and later by screws. These could be taken apart and the sheer, body, and half-breadth plans easily transferred to paper, from which the working plans were laid down in the mould loft. This ingenious though simple invention, for which, by the way, Mr. Merrill never received any pecuniary reward, revolutionized the science of ship-building. The original model made by him in 1794 was presented to the New York Historical Society in 1853. Mr. Merrill died in 1855 at the age of ninety-two. CHAPTER II BRITISH SHIPPING AFTER 1815--THE EAST INDIA COMPANY Great Britain and the United States signed a treaty of peace and good-will at Ghent in 1814. During the following year the wars of England and France ended on the field of Waterloo. And so at last the battle flags were furled. The long-continued wars of England had, through neglect, reduced her merchant marine to a low standard of efficiency, and both men and ships were in a deplorable condition. There was no government supervision over British merchant shipping except taxation, the only check, and that but partially effective, being the Underwriters at Lloyd’s. Unscrupulous ship-owners might and often did send rotten, unseaworthy vessels to sea, poorly provisioned, short of gear and stores, with captains, mates, and crews picked up from low taverns along the docks. These vessels were fully covered by insurance at high rates of premium, with the hope, frequently realized, that they would never be heard from again.