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History of Merchant Shipping and Ancient Commerce, Volume 2 (of 4)

by W. S. Lindsay

By W. S. Lindsay · Economics · Public domain

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History of Merchant Shipping and Ancient Commerce, Volume 2 (of 4) is a public-domain classic of economics by W. S. Lindsay.

The complete text is on this page and the chapter pages below — all 28 chapters, about 183,839 words (~15 hours of reading), free to read online with no signup. Chapters include “Chapter I. Pages 1-48”, “Chapter Ii. Pages 49-87”, “Chapter Iii. Pages 88-140”, and more.

History of Merchant Shipping and Ancient Commerce, Volume 2 (of 4) at a glance

Author
W. S. Lindsay
Length
183,839 words · about 15 hours to read
Chapters
28
Price
Free — public domain

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Chapter I. Pages 1-48

Dom John of Portugal prosecutes his researches for India—Expedition under Vasco de Gama, 1497—Description of the ships—The expedition sails 9th July, 1497—Doubles the Cape of Good Hope, 25th Nov.—Sights land at Natal, 25th Dec., 1498—Meets the first native vessel and obtains information about India—Arrives at Mozambique, 10th March—Departs for Quiloa, 8th April—Arrives at Melinde, 29th April—Sails for Calicut, 6th August—Reaches the shores of India, 26th August—Arrives at Calicut—Vasco de Gama disembarks and concludes a treaty with the king—His treachery—Leaves Calicut for Cananore—Enters into friendly relations and leaves Cananore, 20th Nov.—Reaches Melinde, 8th Jan., 1499—Obtains pilots and sails for Europe, 20th Jan.—Doubles the Cape of Good Hope—Death of Paul de Gama—The expedition reaches the Tagus, 18th Sept., 1499—Great rejoicings at Lisbon—Arrangements made for further expeditions—Departure of the second expedition, 25th March, 1502—Reaches Mozambique and Quiloa, where De Gama makes known his power and threatens to capture the city—His unjust demands—Arrives at Melinde—Departs, 18th Aug., 1502—Encounter with the Moors—Levies tribute, and sails for Cananore—Disgraceful destruction of a Calicut ship and massacre of her crew—De Gama’s arrangement with the king of Cananore—Departure for Calicut—Bombards the city—Horrible cruelties—Arrives at Cochym 7th Nov., where he loads, and at Coulam—Opens a factory at Coulam—Calicut declares war against Dom Gama—Success of the Portuguese—Desecration of the Indian vessels, and further atrocities—Completes his factory and fortifications at Cananore, and sails for Lisbon, where he arrives, 1st Sept., 1503—De Gama arrives in India for the third time 11th Sept., 1524—His death, 24th Dec., 1524—His character as compared with that of Columbus—Discovery of the Pacific by Vasco Nuñez de Bilboa—Voyage of Magellan

Chapter Ii. Pages 49-87

Progress of maritime discovery—Henry VII., 1485-1509—His encouragement of maritime commerce and treaties with foreign nations—Voyages to the Levant—Leading English shipowners—Patent to the Cabots, 1496—Discovery of the north-west coast of America, June 21, 1497—Second patent, Feb. 3, 1498—Rival claimants to the discovery of the North American continent—Sebastian Cabot and his opinions—Objects of the second expedition—Third expedition, March 1501—How Sebastian Cabot was employed from 1498 to 1512—He enters the service of Spain, 1512—Letter of Robert Thorne to Henry VIII. on further maritime discoveries—Sebastian Cabot becomes pilot-master in Spain, 1518, and afterwards (1525) head of a great trading and colonising association—Leaves for South America, April 1526, in command of an expedition to the Brazils—A mutiny and its suppression—Explores the river La Plata while waiting instructions from Spain—Sanguinary encounter with the natives—Returns to Spain, 1531, and remains there till 1549, when he settles finally in Bristol—Edward VI., A.D. 1547-1553—Cabot forms an association for trading with the north, known as the “Merchant Adventurers”—Despatch of the first expedition under Sir H. Willoughby—Instructions for his guidance, probably drawn up by Cabot—Departure, May 20, 1553—Great storm and separation of the ships—Death of Sir H. Willoughby—Success of Chancellor—His shipwreck and death at Pitsligo—Arrival in London of the first ambassador from Russia, Feb. 1557—His reception—Commercial treaty—Early system of conducting business with Russia—The benefits conferred by the Merchant Adventurers upon England—The Steelyard merchants partially restored to their former influence—Cabot loses favour with the court, and dies at an advanced age

Chapter Iii. Pages 88-140

Henry VIII. resolves to establish a permanent Royal Navy—Derives his first supply of men from English fishermen—Royal fleet equipped and despatched from Portsmouth—Its first engagement—Increase of the French fleets—Extraordinary exertions of the English to meet the emergency—The rapidity with which they supplied men and vessels—Outfit of the ships—The Great Harry—Number and strength of the fleet at the death of Henry VIII., 28 Jan., 1547—The Great Michael—Trade monopolies—Mode of conducting business—Mistaken laws—The Bridport petition—Chartered companies—Prices regulated by law, and employment provided—The petition of the weavers—State of the currency, A.D. 1549—Its depreciation—Corruption of the government—Recommendation of W. Lane to Sir W. Cecil, who acts upon it, A.D. 1551, August—The corruption of the council extends to the merchants—Accession of Elizabeth, A.D. 1558—War with Spain—Temporary peace with France, soon followed by another war—Demand for letters of marque—Number of the Royal fleet, A.D. 1559—The desperate character of the privateers—Conduct of the Spaniards—Daring exploits and cruelty of Lord Thomas Cobham, and of other privateers or marauders—Piratical cruises of the mayor of Dover—Prompt retaliation of the king of Spain—Reply of Elizabeth—Elizabeth attempts to suppress piracy, 29th Sept., 1564—Her efforts fail, but are renewed with increased vigour, though in vain—Opening of the African slave-trade—Character of its promoters—John Hawkins’ daring expedition—Fresh expeditions sanctioned by Elizabeth and her councillors—Cartel and Hawkins—They differ and separate, 1565—Hawkins reaches the West Indies with four hundred slaves, whom he sells to much advantage, and sails for England—Fresh expeditions, 1556—They extend their operations, 1568—The third expedition of Sir John Hawkins departs, October 1567, and secures extraordinary gains—Attacked by a Spanish fleet and severely injured—Reaches England in distress—Prevails on the Queen to make reprisals—Questionable conduct of Elizabeth—Vigorous action of the Spanish ambassador—Prompt retaliation—Injury to English trade less than might have been supposed—Hatred of the Catholics—Increase of the privateers, 1570—Their desperate acts, 1572

Chapter Iv. Pages 141-181

Certainty of war with Spain—Secret preparations for the invasion of England, and restoration of the Catholic faith—Philip intrigues with Hawkins, and is grossly deceived—The Spanish Armada, and England’s preparations for defence—Destruction of the Armada, July 19, 1588—Voyages of discovery by Johnson—Finner and Martin Frobisher—Drake’s voyage round the world, 1577—His piratical acts and return home, 1580—First emigration of the English to America—Discovery of Davis’s Straits—Davis directs his attention to India—Fresh freebooting expeditions—Voyage of Cavendish to India, 1591, which leads to the formation of the first English India Company, in 1600—First ships despatched by the Company—The Dutch also form an East India Company—Extent of their maritime commerce—They take the lead in the trade with India—Expedition of Sir Henry Middleton—Its failure and his death—Renewed efforts of the English East India Company—They gain favour with the Moghul Emperor of India, and materially extend their commercial operations—Treaty between English and Dutch East India Companies—Soon broken—Losses of East India Company—Sir Walter Raleigh’s views on maritime commerce, 1603—His views confirmed by other writers opposed to his opinions—The views of Tobias, 1614—His estimate of the profits of busses—The effect of these publications—Colonising expeditions to North America—Charles I. assumes power over the colonies—English shipowners resist the demand for Ship-Money—Its payment enforced by law—Dutch rivalry—Increase of English shipping—Struggles of the East India Company—Decline of Portuguese power in India—The trade of the English in India—Increase of other branches of English trade—Ships of the Turkey and Muscovy Company—The Dutch pre-eminent—The reasons for this pre-eminence

Chapter V. Pages 182-214

English Navigation Laws—First Prohibitory Act, 1646—Further Acts, 1650-1651—Their object and effect—War declared between Great Britain and Holland, July 1652—The English capture Prizes—Peace of 1654—Alleged complaints against the Navigation Acts of Cromwell—Navigation Act of Charles II.—The Maritime Charter of England—Its main provisions recited—Trade with the Dutch prohibited—The Dutch navigation seriously injured—Fresh war with the Dutch, 1664—Its naval results—Action off Harwich, 1665—Dutch Smyrna fleet—Coalition between French and Dutch, 1666—Battle of June 1 and of July 24, 1666—Renewed negotiations for peace, 1667—Dutch fleet burn ships at Chatham, threaten London, and proceed to Portsmouth—Peace concluded—Its effects—The colonial system—Partial anomalies—Capital created—Economical theories the prelude to final free-trade—Eventual separation from the mother-country considered—Views of Sir Josiah Child on the Navigation Laws—Relative value of British and Foreign ships, 1666—British clearances, 1688, and value of exports—War with France—Peace of Ryswick, 1697—Trade of the Colonies—African trade—Newfoundland—Usages at the Fishery—Greenland Fishery—Russian trade—Peter the Great—Effect of the legislative union with Scotland, 1707—The maritime commerce of Scotland—Buccaneers in the West Indies—State of British shipping, temp. George I.—South Sea Company, 1710

Chapter Vi. Pages 215-256

English voyages of discovery, 1690-1779—Dampier—Anson—Byron—Wallis and Carteret—Captain Cook—His first voyage, in the Endeavour—Second voyage, in the Resolution—Third voyage—Friendly, Fiji, Sandwich, and other islands—His murder—Progress of the North American colonies—Commercial jealousy in the West Indies—Seven Years’ War, 1756-1763—Its effect on the colonies—Unwise legislative measures—Effect of the new restrictions—Passing of the Stamp Act—Trade interrupted—Non-intercourse resolutions—Recourse to hostilities—Position of the colonists—Fisheries—Shipping of North American Colonies, A.D. 1769—Early registry of ships not always to be depended on—Independence of United States acknowledged, May 24, 1784—Ireland secures various commercial concessions—Scotch shipping—Rate of seamen’s wages—British Registry Act, Aug. 1, 1786—American Registry Act—Treaty between France and England, 1786—Slave-trade and its profits—Trade between England and America and the West Indies re-opened—Changes produced by the Navigation Laws consequent on the separation—New disputes—English Orders in Council—Negotiations opened between Mr. Jay and Lord Grenville—Tonnage duties levied by them

Chapter Vii. Pages 257-289

Great Britain, A.D. 1792—War with France, Feb. 1, 1793—Commercial panic—Government lends assistance—High price of corn—Bounties granted on its importation—Declaration of Russia, 1780—Confederacy renewed when Bonaparte had risen to power—Capture of merchant vessels—Do “free ships make free goods?”—Neutral nations repudiate the English views—Their views respecting blockades—Right of search—Chief doctrines of the neutrals—Mr. Pitt stands firm, and is supported by Mr. Fox—Defence of the English principles—Nelson sent to the Sound, 1801—Bombardment of Copenhagen—Peace of Amiens, and its terms—Bonaparte’s opinion of free-trade—Sequestration of English property in France not raised—All claims remain unanswered—Restraint on commerce—French spies sent to England to examine her ports, etc.—Aggrandisement of Bonaparte—Irritation in England—Bonaparte’s interview with Lord Whitworth—The English ministers try to gain time—Excitement in England—The King’s message—The invasion of England determined on—War declared, May 18, 1803—Joy of the shipowners—Preparations in England for defence—Captures of French merchantmen—Effect of the war on shipping—Complaints of English shipowners—Hardships of the pressing system—Apprentices—Suggestions to secure the Mediterranean trade, and to encourage emigration to Canada—Value of the Canadian trade

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Contents — all 28 chapters

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