Author: James Thomson
Publisher:
Published: 2015-09-27
Total Pages: 76
ISBN-13: 9781330633618
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Excerpt from On the Existing State of Our Herring Fishery: With a Preface on the Probable Result The contingency of War has become reality. The state of peace and quiet in which the Herring Fishery has been going on from year to year is changed into one of uncertainty. Derangement of the former state of matters must take place, in a greater or less degree. To state the effect, in every point of view, which the War will have would be a difficult task. One can scarcely pretend to suggest a guidance for the Trade. To prognosticate evil may be wrong, whilst to hold out for prosperity may be equally from the truth. To obviate difficulty, the observance of events with prudence and caution may do much. The point creating the most anxiety is the policy of Prussia. In this there seems at present an indecision. The question is, can a neutrality by that Power for any length of time be maintained? If it can, and if it be maintained for the next six months, then the difficulty attending an indirect trade to Germany will be overcome. As to any danger attending shipments to the Baltic from an enemy, there will be, it may be said, none. There may be a nominal War Insurance, but it certainly will be trifling. The rate of freight will no doubt continue high, though perhaps, now that the coasting trade is thrown open to the mercantile marine of other nations, not higher than in season 1853. The same wants for Herrings will exist in Saxony, Silesia, and Poland, and generally over the North of Germany as before. Indeed, as by all accounts the markets are bare, and as the Norwegian Winter Fishing was not over-abundant, the likelihood is, that the desire for first supplies may be more than usually felt. The first consideration which will spring up in the minds of sellers at home and buyers abroad, will be as to the value of the article. Since the shipments of last year, this has undergone considerable alteration. It is clear that Herrings cannot be sold on the old terms. The prices of every article of consumption, both of material and of food, with the corresponding rise in the rate of wages, forbid any idea of the kind. To strike it satisfactorily, the opening price for season 1854 will be an important point. One has some diffidence in approaching it with figures. It is known that there is a necessity for a considerable advance on this side of the water, but it is not so well known how far the means of consumers on the other side will enable them to meet that advance. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.