The clipper ship era: an epitome of famous American and British clipper ships, their owners, builders, commanders, and crews, 1843-1869Clark, Arthur H.
History
The clipper ship era: an epitome of famous American and British clipper ships, their owners, builders, commanders, and crews, 1843-1869
Clark, Arthur H.
Clipper ships -- Great Britain; Clipper ships -- United States
(VI.) No goods could be imported into any British possessions in Asia,
Africa, or America, in any but British ships, or ships of the country of
which the goods were the produce; provided also, in such case, that such
ships brought the goods from that country.
(VII.) No foreign ships were allowed to trade with any of the British
possessions unless they had been specially authorized to do so by orders
in Council.
(VIII.) Powers were given to the sovereign in Council to impose
differential duties on the ships of any country which did the same with
reference to British ships; and also to place restrictions on
importations from any foreign countries which placed restrictions on
British importations into such countries.
Furthermore, by an act passed in 1786, British subjects were prohibited
from owning foreign-built vessels. This act was regarded as one of the
Navigation Laws, and was repealed with them.
One of the objects of the repeal of the Navigation Laws was to enable
British ship-owners to become the ocean carriers of the world, and to
remove every restraint as to where they should build or buy their ships.
This step was a natural sequence to the repeal of the Corn Laws in 1846,
and the glorious dawn of Free Trade, by which every British subject was
permitted to purchase whatever he required in the best and cheapest
market, and so was able to work at a moderate wage, and to have
continuous employment. Thus Great Britain, with few natural advantages,
became the great workshop of the world and controlled every market upon
the globe in which her manufactures were not excluded by the barrier of
Protection. Even from these countries she reaped a decided benefit, for
they were so hampered by Protection, which increased the expense of
living, created high rates of wages for labor but with uncertain
employment, and brought about increased cost of production, whether of
ships or merchandise, that it became impossible for them to compete in
the open markets of the world, and these avenues of trade were left open
for Great Britain to exploit at her pleasure.
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