| am afraid, been too common for the vessels to | |||
| fit out for the sole purpose of catching, not | |||
| the fish, but the bounty. In the year 1759, | |||
| when the bounty was at fifty shillings the ton, | |||
| the whole buss fishery of Scotland brought | |||
| in only four barrels of sea-sticks. In that | |||
| year, each barrel of sea-sticks cost government, | |||
| in bounties alone, L.113 : 15s.; each | |||
| barrel of merchantable herrings L.159 : 7 : 6. | |||
| Thirdly, The mode of fishing, for which | |||
| this tonnage bounty in the white herring fishery | |||
| has been given (by busses or decked vessels | |||
| from twenty to eighty tons burden), seems | |||
| not so well adapted to the situation of Scotland, | |||
| as to that of Holland, from the practice | |||
| of which country it appears to have been borrowed. | |||
| Holland lies at a great distance from | |||
| the seas to which herrings are known principally | |||
| to resort, and can, therefore, carry on | |||
| that fishery only in decked vessels, which can | |||
| carry water and provisions sufficient for a | |||
| voyage to a distant sea; but the Hebrides, or | |||
| Western Islands, the islands of Shetland, and | |||
| the northern and north-western coasts of Scotland, | |||
| the countries in whose neighborhood | |||
| the herring fishery is principally carried on, | |||
| are everywhere intersected by arms of the sea, | |||
| which run up a considerable way into the | |||
| land, and which, in the language of the country, | |||
| are called sea-lochs. It is to these sea-lochs | |||
| that the herrings principally resort during | |||
| the seasons in which they visit those seas; | |||
| for the visits of this, and, I am assured, of | |||
| many other sorts of fish, are not quite regular | |||
| and constant. A boat-fishery, therefore, seems | |||
| to be the mode of fishing best adapted to the | |||
| peculiar situation of Scotland, the fishers carrying | |||
| the herrings on shore as fast as they are | |||
| taken, to be either cured or consumed fresh. | |||
| But the great encouragement which a bounty | |||
| of 30s. the ton gives to the buss-fishery, is | |||
| necessarily a discouragement to the boat-fishery, | |||
| which, having no such bounty, cannot | |||
| bring its cured fish to market upon the same | |||
| terms as the buss-fishery. The boat-fishery, | |||
| accordingly, which, before the establishment | |||
| of the buss-bounty, was very considerable, and | |||
| is said to have employed a number of seamen, | |||
| not inferior to what the buss-fishery employs | |||
| at present, is now gone almost entirely to | |||
| decay. Of the former extent, however, of this | |||
| now ruined and abandoned fishery, I must | |||
| acknowledge that I cannot pretend to speak | |||
| with much precision. As no bounty was paid | |||
| upon the outfit of the boat-fishery, no account | |||
| was taken of it by the officers of the customs | |||
| or salt duties. | |||
| Fourthly, In many parts of Scotland, during | |||
| certain seasons of the year, herrings make | |||
| no inconsiderable part of the food of the common | |||
| people. A bounty which tended to lower | |||
| their price in the home market, might contribute | |||
| a good deal to the relief of a great number | |||
| of our fellow-subjects, whose circumstances | |||
| are by no means affluent. But the herring-buss | |||
| bounty contributes to no such good purpose. | |||
| It has ruined the boat-fishery, which is | |||
| by far the best adapted for the supply of the | |||
| home market; and the additional bounty of | |||
| 2s. 8d. the barrel upon exportation, carries | |||
| the greater part, more than two-thirds, of the | |||
| produce of the buss-fishery abroad. Between | |||
| thirty and forty years ago, before the establishment | |||
| of the buss-bounty, 16s. the barrel, I | |||
| have been assured, was the common price of | |||
| white herrings. Between ten and fifteen years | |||
| ago, before the boat-fishery was entirely ruined, | |||
| the price was said to have run from seventeen | |||
| to twenty shillings the barrel. For these | |||
| last five years, it has, at an average, been at | |||
| twenty-five shillings the barrel. This high | |||
| price, however, may have been owing to the | |||
| real scarcity of the herrings upon the coast of | |||
| Scotland. I must observe, too, that the cask | |||
| or barrel, which is usually sold with the herrings, | |||
| and of which the price is included in | |||
| all the foregoing prices, has, since the commencement | |||
| of the American war, risen to | |||
| about double its former price, or from about | |||
| 3s. to about 6s. I must likewise observe, | |||
| that the accounts I have received of the prices | |||
| of former times, have been by no means quite | |||
| uniform and consistent, and an old man of | |||
| great accuracy and experience has assured me, | |||
| that, more than fifty years ago, a guinea was | |||
| the usual price of a barrel of good merchantable | |||
| herrings; and this, I imagine, may still | |||
| be looked upon as the average price. All accounts, | |||
| however, I think, agree that the price | |||
| has not been lowered in the home market in | |||
| consequence of the buss-bounty. | |||
| When the undertakers of fisheries, after | |||
| such liberal bounties have been bestowed upon | |||
| them, continue to sell their commodity at the | |||
| same, or even at a higher price than they were | |||
| accustomed to do before, it might be expected | |||
| that their profits should be very great; and it | |||
| is not improbable that those of some individuals | |||
| may have been so. In general, however, | |||
| I have every reason to believe they have | |||
| been quite otherwise. The usual effect of | |||
| such bounties is, to encourage rash undertakers | |||
| to adventure in a business which they | |||
| do not understand; and what they lose by | |||
| their own negligence and ignorance, more | |||
| than compensates all that they can gain by | |||
| the utmost liberality of government. In 1750, | |||
| by the same act which first gave the bounty | |||
| of 30s. the ton for the encouragement of the | |||
| white herring fishery (the 23d Geo. II. chap. | |||
| 24), a joint stock company was erected, with | |||
| a capital of L.500,000, to which the subscribers | |||
| (over and above all other encouragements, | |||
| the tonnage bounty just now mentioned, the | |||
| the exportation bounty of 2s. 8d. the barrel, the | |||
| delivery of both British and foreign salt duty | |||
| free) were, during the space of fourteen years, | |||
| for every hundred pounds which they subscribed | |||
| and paid into the stock of the society, | |||
| entitled to three pounds a-year, to be paid by | |||