It is an interesting fact that the insurance on American whalemen was about one-half the rate that was charged the Englishman, which certainly showed the superiority of our Yankee seamen. There were several whaling insurance companies in New Bedford. There is a story told of a New Bedford ship owner who had just heard that his vessel had gone down and he hadn’t yet received the insurance policy from the company. He sent a letter down to the office which read as follows: “I have heard from my ship and thee need not place the insurance.” Of course, the policy was sent up immediately. The New Bedford whalers explored new grounds, and to this fact chiefly is due the continued prosperity of its whale fishery, but it was to die slowly; in 1875 the fleet from this port had declined to 116 vessels, in 1886 to 77 ships, and in 1906 to 24. [Illustration: The famous Stone Fleet sailing from New Bedford, Nov. 16, 1861. The ships were loaded with stones and were sunk in the mouths of certain Southern harbours during the Civil War, to prevent blockade runners from entering. The vessels in this picture are the Garland, Maria Theresa, Rebecca Simms, Leonidas, South America, Archer, American, Harvest, Amazon, Cossack, Courier, Henrietta, Potomac, Kensington, Herald and L. C. Richmond.] [Illustration: The captains of the Stone Fleet. A fine type of old New England ship masters. Standing from left to right—Captains Beard, Gifford, Swift, Childs, Stall, French, Wood, Cumiski, Willis, Bailey. Sitting from left to right—Captains Malloy, Swift, Brown, Howland, Worth, Tilton, Brayton, Taylor, Chadwick.] One of the chief historical events of New Bedford happened in 1861, when the famous Stone Fleet sailed from that port. The United States government decided to purchase some old ships and sink them in the channels of the harbours of Charleston and Savannah, to prevent blockade running during the war. H. Bartlett & Sons supervised their purchase and Captain Rodolphus N. Swift was the general agent. Bartlett purchased some of the old whalers for as small a price as thirty-one hundred and fifty dollars, some of them having more cement than wood in their hulls. To James Duddy, a teamster, fell the task of supplying the seventy-five hundred tons of stones with which to fill the vessels, and many a New Bedford stone wall now lies at the bottom of some of our Southern harbours. Captain Rodney French, an old “slaver,” who afterwards became Mayor of New Bedford, was selected as commander of the fleet, and on Thanksgiving Day most of New Bedford assembled on the wharves and saw fifteen of her once famous fleet, which had for years been the homes of its seamen, sail forth never to return. It must have been a very sad day for the city, and it may be said that this event marked the beginning of the decline of the industry at New Bedford.