When our ships, then, from Scotland, for there the fishery chiefly lies, and from thence the trade must take its rise; I say, when they have carried their fish to the ports above-named, of Dantzic and Konigsberg, how must they come back, and with what shall they be loaded?
The only answer that can be given is, that they must bring back the goods mentioned before, or, in shorter terms, naval stores, though indeed not much of naval stores neither, except timber and plank, for the hemp and tar, which are the main articles, are fetched further; viz., from Riga, Revel, Narva, and Petersburg. But suppose after delivering their fish, some of the ships should go to those ports to seek freight, and load naval stores there, which is the utmost help in the trade that can be expected.
The next question is, whither shall they carry them, and for whose account shall they be loaden? To go for Scotland, would not be an answer; for Scotland, having but a few ships, could not take off any quantity proportioned to such a commerce; for if we were to push the Dutch out of the trade, we must be supposed to employ two or three hundred sail of ships at least, to carry herrings to Dantzic, &c.
To say they might take freight at London, and load for England, would be no answer neither; for besides that even England itself would not take off a quantity of those goods equal to the number of ships which would want freight, so if England did, yet those ships would still have one dead freight, for they would be left to go light home at last, to Scotland, otherwise how shall they be at hand to load next year? And even that one dead freight would abate the profit of the voyage; and so still the Dutch would have the advantage.
Upon the whole, take it how and which way we will, it will for ever be true, that though our fish were every way equal to the Dutch, which yet we cannot affirm, and though it came as soon to market, and carried as good a price there, all which I fear must a little fall short, yet it would still be true that the Dutch would gain and we should lose.
There is yet another addition to the advantage of Holland, viz., in the return of money; that whereas when our fish shall be sold, we shall want to remit back the produce in money; that is to say, so much of it as cannot be brought back in goods. And the difference in the exchange must be against us; but
it is in favour of the Dutch; for if they did not send their herrings and other fish to Dantzic, they must remit money to pay for their corn; and even as it is, they are obliged to send other goods, such as whale oil, the produce of their Greenland fishery, English manufactures, and the like; whereas the Scots merchants, having no market for corn, and not a demand for a sufficient value in naval stores, &c., viz. the product of the country, must bring the overplus by exchange to their loss, the exchange running the other way.
It is true, this is a digression; but it is needful to show how weak those notions are, which prompt us to believe we are able to beat the Dutch out of the fishing trade by increasing our number of busses, and taking a larger quantity of fish.
But this brings me back to the first argument; if you can find a way to enlarge your shipping in the fishery, and send greater quantities of fish to market, and yet sell them to advantage, you would by consequence enlarge your demand for naval stores, and so be able to bring more ships home loaden from thence; that is to say, to dispose of more of their freight at home; and indeed nothing else can do it.
N. B. This very difference in the trade is the reason why a greater quantity of English manufactures are not sent from hence to Dantzic, as was formerly done; viz., not that the consumption of those goods is lessened in Poland, or that less woollen manufactures are demanded at Dantzic or at Konigsberg; but it is that the Dutch carry our manufactures from their own country; this they can do to advantage; besides their costing nothing freight, as above, though they are sold to little or no profit, because they want the value there to pay for their corn, and must otherwise remit money to loss for the payment.
As these things are not touched at before in any discourses on this subject, but we are daily filled with clamours and complaints at the indolence and negligence of our Scots and northern Britons, for not outworking the Dutch in their fishing trade, I think it is not foreign to the purpose to have thus stated the case, and to have shown that it is not indeed a neglect in our management, that the Dutch thrive in the fishing trade, and we sit still, as they call it, and look on, which really is not so in fact, but that the nature of the thing gives the advantage to the Dutch, and throws the trade into their hands, in a manner that no industry or application of ours could or can prevent.
Having thus vindicated our people where they are really not deserving blame, let us look forward from hence and see with the same justice where they are in another case likewise less to blame than is generally imagined; namely, in the white fishing, or the taking of cod-fish in these northern seas, which is also represented as if it was so plentiful of fish that any quantity might be taken and cured, and so the French, the Scots, and the Portuguese, might be supplied from hence much cheaper and more to advantage than by going so long a voyage as to the banks of Newfoundland.