Shipping trade

“ He, further, showed the increase of our shipping since the relaxation of the shipping laws, maintaining that the dread of foreign competition was altogether irrational, and demonstrating, by statistics, the large share of the American direct and carrying trade we had already secured in open competition with American ships hence, and with foreign ships from their own ports to American shores ”

“ The full appreciation of the opportunities which our front on the Pacific Ocean gives to commerce with Japan, China, and the East Indies, with Australia and the island groups which lie along these routes of navigation, should inspire equal efforts to appropriate to our own shipping and to administer by our own capital a due proportion of this trade. Whatever modifications of our regulations of trade and navigation may be necessary or useful to meet and direct these impulses to the enlargement of our exchanges and of our carrying trade I am sure the wisdom of Congress will be ready to supply. ”

“ On referring to the Customs’ entries and clearances, it will be found that out of the 5,000,000 tons of British shipping annually so entered, 2,000,000 came from our own colonies and dependencies, but that no less than 3,000,000 of British shipping are entered from foreign countries (“Hear, hear!” and confusion) , thus proving that our trade with foreign countries is much more valuable to us than the trade with our own possessions (cries of “Question!”) ”

“ The increase in the tonnage of sailing vessels, which in other countries tends to decline, was due to the bounties voted by parliament to its merchant sailing fleet with the view of increasing the number of skilled seamen. The prosperity of the French shipping trade is hampered by the costliness of shipbuilding and by the scarcity of outward-bound cargo. Shipping has been fostered by paying bounties for vessels constructed in France and sailing under the French flag, and by reserving the coasting trade, traffic between France and Algeria, &c., to French vessels. ”

“ But that the great ships will decay, doth not necessarily follow; for the main trade of all the white cloth, and much of other kind, is shipped from the Port of London, and will be still, it being the fittest Port of the kingdom for Germanie and the Low Countries, where the Merchant Adventurers' trade only lieth; who shall have little cause to alter their shipping. Then the Levent Sea, Muscovy, and East Indies, whither we trade with great ships, the employing of them will be still requisite in the merchants' discretion ”

“ It is evident, from this summary, that the decline of British and growth of foreign shipping will be so rapid, under the system of Free Trade in Shipping, that the time is not far distant when the foreign tonnage employed in conducting our trade will be superior in amount to the British. ”

“ The shipping interest, also, has suffered severely, still more severely, probably, than commerce. If any thing should strike us with astonishment, it is that the navigation of the United States should be able to sustain itself. Without any government protection whatever, it goes abroad to challenge competition with the whole world; and, in spite of all obstacles, it has yet been able to maintain eight hundred thousand tons in the employment of foreign trade. ”

“ No, certainly; for, not to insist upon the numberless people that are employed and subsisted by shipping and navigation, we gain much more by our shipping than the above-mentioned sums from other countries with which we trade ”

“ In a word, while the bulky articles which require ships for their conveyance to distant parts of the world have enormously increased, the shipping of the world has been comparatively stationary during the past year, and the many losses and disasters at sea during 1860 have tended materially to diminish the already scanty supply of shipping necessary to conduct the oversea trade of the world. ”

“ To quote the most recent example, about the middle of last century the United States of America fought a well-contested struggle with us for the carrying trade of the world. Shortly after the abolition of the navigation laws, the competition was very severe, and United States ships had obtained almost exclusive possession of the China trade, and of the trade between Europe and North America, and in the year3 1850 the total tonnage of the shipping of the States was 3,535,434, against 4,232,960 tons owned by Great Britain. ”

“ So rapid indeed was their progress, that out of the million tons of sea-going vessels owned in the United States at the commencement of this century, no less than seven hundred and twenty thousand were employed in their trade with foreign nations. ”

“ Various of these vessels, to which I shall hereafter fully refer, were launched about the year 1850, and placed in competition with the American liners, which had long, all but monopolised the trade between the United States and Europe. Even if we could not build wooden ships, as was then feared, at as low a cost as the Americans, we had the advantage in labour, in the cost of equipment, and in being able to produce a superior class of vessels suited for the China and other distant trades, from our English oak. ”

“ I use the word “vain” because it is clear, if the experience of other nations, or the experience of your own nation is of any value, that all the money paid to “encourage shipping” is actually lost, for French ships, with all this protection, do not increase at the same rate as other nations, or at the same rates in the branches of your own trade, where they are guarded with unusual care, as they do in those branches where they are thrown into competition with the shipping of other countries. ”

“ And while our people have been large gainers by the repeal of the Navigation Laws, an Act which that year came into operation, our Shipowners have been greatly benefited, for in 1860 we owned 5,710,968 tons of shipping, showing an increase in ten years of Free-trade nearly as great as the increase during thirty-five years of Protection.
But the increase in the amount of business carried on in British ships to and from the ports of Great Britain is even more remarkable. ”

“ There was the trade, conducted principally either by steamboats or small vessels, consisting in the carrying of goods and passengers to and fro, and depending on local connection with the places between which the trade was conducted. With that trade foreigners could not compete; and, consequently, he illogically argued that it was not intended to disturb that trade or throw it open to foreign competition; so that he proposed to keep the coasting trade, which consisted of passing from one port to another of the United Kingdom, on its present footing. ”

“ It will be remarked, that in the regulations respecting the trade of Europe the restrictions only applied to imports. Exports were not affected; in fact, so far as the Navigation Act was concerned, foreign ships might export any goods from this country. British manufacturers had naturally required that no impediment should be placed upon the exportation of British goods. ”

“ Though the entries and clearances of British ships engaged in trade between the United Kingdom and her colonies, and foreign countries, could at both periods be obtained with accuracy, there were no certain returns of the amount of tonnage and of the number of men engaged in the Coasting trade, as the Customs did not take any notice of vessels sailing in ballast or with cargoes of a certain description. ”

“ To a people so fond of money, and so industrious, one would have thought that the fact of such vessels conducting the most valuable trade on the Chinese coast, would have induced them to make some endeavour, by means of shipping better found and better fitted than are any they possess, to retain a trade for centuries originally and exclusively their own. ”

“ While modern American "commerce" is increasing in a way that seems marvellous, American shipping has been almost entirely driven from the foreign "carrying trade." The English enactments relating to the colonies, from the settlement of Virginia down to and including the "famous Act of Navigation," were all designed to favor all colonial commerce as well as shipping. ”

“ Coal, lumber, cotton, and similar bulky commodities constitute the chief items entering into the coastwise trade. The tonnage of American vessels engaged in the foreign trade, on the other hand, has shown a steady decline ever since the outbreak of the Civil War. Foreign vessels today carry fully 90 per cent of the foreign commerce of the United States. The causes of this decline are economic rather than political, for American legislation has on the whole been very liberal to the shipping interests. ”

“ For the moment English mercantile effort took a direction that did not bring it into conflict with larger interests, but when the natural expansion of trade and shipping brought the country into collision with other powers the struggles of centuries, which had shaped and hardened a skilful and dauntless maritime population, bore their natural fruit in a school of seamen able to use and direct the instruments which the increasing wealth and ambition of the nation placed in their hands. ”

“ In England certain of these societies, notably the company of Russian merchants, the Turkey merchants and, for long, the East India Company, occupied positions of influence and importance, the last-named company especially becoming possessed of much shipping, including large vessels, well armed, for prize-making or defence. The needs of trade and shipping were for long but little understood and often arbitrarily obstructed, but as a broad general principle it was recognized by the crown that the national trading interests required for their protection special privileges and concessions. ”

“ If the Norman Conquest gave the first great impulse to English over-sea trade, the events of the close of the fourteenth and first half of the fifteenth centuries may be held to mark the second important era in the development of merchant shipping by the opening up of fresh markets. ”

“ They are of gigantic size; they are the splendid remains of a mighty system; they are the pillars of our navy; the props of our maritime defence.” He showed that there remained the almost entire monopoly of our home trade, and the perfectly rigorous monopoly of our colonial trade, employing above a million and a half of shipping, and 20,000 seamen, with a capital that gave export and import to between fifteen and sixteen millions sterling in the year. ”

“ At the time that the great work was commenced, and for many years afterwards, the revenue from shipping dues was quite insufficient to enable any substantial progress to be made, and the trade grew so rapidly that it became imperative to either borrow money in order to carry out the required works, or allow the shipping to seek other ports, where better facilities were provided. ”

“ The ship will, however, sooner or later require a higher rate of freight for ports of slow despatch, and this increased expense in transport will undoubtedly operate in favour of rival ports. For the ports themselves are but stepping-stones to or from a market or industrial centre, and the market will always select the cheapest route for its trade. With the increase of populations in the Old World and the development of new countries, the transport of emigrants and of travellers for business and for pleasure became a highly important and lucrative source of employment for steam shipping. ”

“ Against this we have opposed, in the western world alone, nearly £60,000,000 of agricultural produce, exportable and exported yearly, requiring a trade in returns equal to £56,000,000, and a proportionate number of ships’ tonnage and seamen. In the trade with Cuba and Port Rico alone, the United States have 1600 vessels employed yearly, (230,000 tons of shipping,) making numerous and speedy voyages, and from which trade only, these states, in case of emergency, could man and maintain from twenty to thirty sail of the line. ”

“ Those who have the command of the Sea Trade, may Work at easier Freight with more profit, than others at greater: for as Cloth must be cheaper made, when one Cards, another Spins, another Weaves, another Draws, another Dresses, another Presses and Packs; than when all the Operations above-mentioned, were clumsily performed by the same hand; so those who command the Trade of Shipping, can build long slight Ships for carrying Masts, Fir-Timber, Boards, Balks, &c. ”

“ And though the profits of shipping of all sorts have received a vast addition, from the enormous importations consequent upon Sir R. Peel's free-trade measures, yet the returns of these years prove that the greater part of this [Pg 3] increase has accrued to foreign states and powers, which may at any time turn the maritime resources thus acquired against ourselves. ”

“ These proofs, however, will be found mostly to supply an indirect kind of evidence; they contain no direct information regarding the existence and development of a national shipping which is certainly implied in the existence, development, and continuance of that maritime trade to which they so conclusively refer. ”

“ Those belonging to the merchants, that is, ships and brigs of a certain size, have already begun to frequent the ports of China, Java, the coast of Coromandel, Bengal, and the Isle of France, availing themselves of the lucrative freights which formerly enriched and encouraged foreign shipping. The other class of vessels, although perfectly adequate to the coasting trade, cannot in general be applied to larger enterprises, on account of their not being sufficiently strong and capacious. ”

“ We still lay claim to the carrying trade of the Far East; but the figures, which support our pre-eminence in this direction are totally unreliable. If the true conditions were made manifest, it would be seen that so far from leading the shipping of the world in the Far East, Great Britain could claim but a small proportion of the freights carried. Although we may own the ships, neither our markets nor our manufactures are associated with their cargoes. It would be well if the public could grasp this feature of the China trade. ”