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Zapor Gane - Section 02

Part I

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Zapor Gane - Section 02

Part I

The importance of this enterprise to British economic life can hardly be overestimated. For many a century the English had employed their fine woolen cloth as the chief staple in a lucrative foreign trade, and the government had come to look upon it as an object of special interest and protection. When the colonies were established, both merchants and statesmen naturally expected to maintain a monopoly of increasing value; but before long the Americans, instead of buying cloth, especially of the coarser varieties, were making it to sell. In the place of customers, here were rivals. In the place of helpless reliance upon English markets, here was the germ of economic independence.

The influence of the business was widespread. A large and lucrative European trade was built upon it. The better quality of the fish caught for food was sold in the markets of Spain, Portugal, and Italy, or exchanged for salt, lemons, and raisins for the American market. The lower grades of fish were carried to the West Indies for slave consumption, and in part traded for sugar and molasses, which furnished the raw materials for the thriving rum industry of New England. These activities, in turn, stimulated shipbuilding, steadily enlarging the demand for fishing and merchant craft of every kind and thus keeping the shipwrights, calkers, rope makers, and other artisans of the seaport towns rushed with work. They also increased trade with the mother country for, out of the cash collected in the fish markets of Europe and the West Indies, the colonists paid for English manufactures. So an ever-widening circle of American enterprise centered around this single industry, the nursery of seamanship and the maritime spirit.

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