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.
This also is a mistake, and the contrary is evident; that there is a good white fishing upon the coast, as well of the north part of the British coast as on the east side of Scotland, is very true; the Scots, to give them their due, do cure a tolerable quantity of fish, even in or near the frith of Edinburgh; also there is a good fishery for cod on the west side, and among the islands of the Leuze, and the other parts called the western islands of Scotland; but the mistake lies in the quantity, which is not sufficient to supply the demand in those ports mentioned above, nor is it such as makes it by far so easy to load a ship as at Newfoundland, where it is done in the one-fifth part of the time, and consequently so much cheaper; and the author of this has found this to be so by experience.
Yet it cannot be said with justice that the Scots’ fishermen are negligent, and do not improve this fishing to advantage, for that really they do kill and cure as many as can be easily done to make them come within a price, and more cannot be done; that is to say, it would be to no purpose to do it; for it will for ever be true in trade, that what cannot be done to advantage, may be said not to be possible to be done; because gain is the end of commerce, and the merchant cannot do what he cannot get by.
It may be true that in the herring fishery the consumption might be increased at home, and in some places also abroad, and so far that fishery is not so fully pursued; but I do not see that the increase of it can be very considerable, there being already a prodigious quantity cured more than ever in Ireland on every side of that kingdom, and also on the west of England; but if it may be increased, so much the more will be the advantage of the commerce; of which by itself.