Blackwood's Edinburgh Magazine, Volume 54, No. 337, November, 1843 eBook

This eBook from the Gutenberg Project consists of approximately 364 pages of information about Blackwood's Edinburgh Magazine, Volume 54, No. 337, November, 1843.

Blackwood's Edinburgh Magazine, Volume 54, No. 337, November, 1843 eBook

This eBook from the Gutenberg Project consists of approximately 364 pages of information about Blackwood's Edinburgh Magazine, Volume 54, No. 337, November, 1843.
the simple advertence on their face, with official nonchalance, that “there are no materials in this office by which the number of the crews of steam and sailing vessels respectively (including their repeated voyages) can be shown.”  And yet a “statistical department” has now been, for some years, founded as part of the Board of Trade, whose pretensions to the accomplishment of great works have hitherto been found considerably to transcend both the merit and the quantity of its performances.  The proportion of foreign vessels sharing in the same export traffic in 1840, was little inferior to that of the British.  Thus, 10,440 foreign vessels, of 1,488,888 tonnage, divided the foreign export trade with 10,970 British vessels.  The returns for 1840 give 6663 as the number of British vessels, and 1,495,957 as the aggregate tonnage, carrying on the export trade with the colonies; thus it will be seen that the exportation of thirty-five millions of pounds’ worth of British produce and manufactures to foreign countries, employed only about 300,000 tons of British shipping more than the export to the colonies of sixteen millions of pounds’ worth of products, or say, less than one half.  Proportions kept according to values exported respectively, foreign trade should have occupied about 3,250,000 tons of British shipping, against the colonial employment of 1,496,000 tons.

Nor is this all the difference, large as it is, in favour of colonial over foreign trade, with respect to the employment of shipping.  For it may be taken for granted that, in fact, so far as the amount of tonnage, repeated voyages not included, the colonial does actually employ a much larger quantity relatively than foreign trade.  It may be fairly assumed that, on the average, the shipping in foreign trade make one and a half voyages outwards—­that is, outwards and inwards together, three voyages in the year; for, upon a rough estimate, it would appear that not one-tenth of this shipping was occupied in mercantile enterprise beyond the limits of that narrower circle before assigned, ad within which repeated voyages of twice and thrice in the year, and frequently more often, are not practicable only but habitually performed.  Taking one-tenth as representing the one voyage and return in the year of the more distant traffic, and one and a half outward sailings for the other nine tenths of tonnage, we arrive at the approximative fact, that the foreign trade does in reality employ no more (repeated voyages allowed for as before stated) than the aggregate tonnage of 1,258,000, instead of the 1,797,000 gross tonnage as apparent.  Applying the same rule, we find that the long or one year’s colonial voyage traffic is equal to something less than two-ninths of the whole tonnage employed in the colonial trade, and that, assuming one and a half voyages per annum for the remainder trafficking with the colonies nearer home, the result will be, that the colonial traffic absorbs an aggregate of 1,113,000 actual tonnage, exclusive of repeated voyages of the same shipping.  Here, for the satisfaction of colonial maligners, like Mr Cobden, we place the shipping results for foreign and colonial traffic respectively.

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Blackwood's Edinburgh Magazine, Volume 54, No. 337, November, 1843 from Project Gutenberg. Public domain.