Shipbroker

Definition and stakes

Portrait of William Clark Russell William Clark Russell,  The Convict Ship, Volume 1 (of 3…

“ I have a considerable share in the barque, and I intend that my proportion of the freight shall be safe. I am not of those who believe in keeping their money in a purse; I carry mine in my pockets. If the purse is lost, all is gone. Who’s to assure me of the solvency of an insurance office? I mean that this voyage shall enable me to stay at home with my wife,’ said he, looking fondly at me. ‘Let another take charge of the barque next time. I’ll make enough to own the half of her.’
‘You shall own all of her, if you will, Tom,’ said I.
‘That’s as your trustees shall decide,’ said my uncle.
”
Source: Gutenberg

Portrait of Morgan Robertson Morgan Robertson,  The Grain Ship

“ The profits of a sailors' boarding-house depend not upon the cash paid in by men with money, who choose their own ship and come and go as they please, but upon the advance or allotment of pay which the law allows to deep-water seamen in order that they may purchase an outfit of clothing before sailing. To get this allotment, Murphy and others of his kind would take in and feed any penniless sailor long enough to run up an inflated bill for board, money lent, and clothing, then find him a ship and walk him to the shipping-office, more or less drugged or drunk. ”
Source: Gutenberg

Portrait of Peter B. Kyne Peter B. Kyne,  Cappy Ricks; Or, the Subjugation of Matt Peasley

“ A seaman is not presumed to have any knowledge of the intricate deals his owners may put through. All he knows is that he is employed aboard a ship, and if he doesn't get his money from the charterers at the completion of the voyage he can libel the ship and collect from the owners. This is a fine new steamer, men, and I, for one, believe she is good for what is owing you all; and if you will assign your claims to the Pacific Shipping Company I will pay them in full and trust to the Blue Star Navigation Company to reimburse me.' So they did that. ”
Source: Gutenberg

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