If a statement of the gains of a foremast hand would serve as an effective argument in England, it would be much more effective in New England, where many men low in the social scale were finding opportunities to rise—where, indeed, men who had come over as indentured servants had already become capitalists able to join in a venture afloat. The profits of the merchants were also known and printed, however, even though not considered a matter of first importance by Smith. Thus there was a statement that "the charge of setting forth a ship of 100 tuns with 40 persons to make a fishing voyage" was £420 11s. The average take of fish on the American coast would sell for £2100, of which £700 would be the share of the merchant supplying the outfit costing £420 11s. His profit on the voyage would therefore be near 100 per cent, even though the prevailing rate of interest on borrowed money were 40 per cent. The ship-owner took a third of the income from the voyage, and made a still larger profit, for a hundred-ton ship could be built in New England, as Randolph noted, for £4 per ton.
With these facts in hand Hugh Peter went among his people preaching the gospel of enterprise with as much enthusiasm no doubt as he felt and displayed later in preaching religious doctrines before Cromwell's men. As a result of his work he "procured a good sum of money to be raised to set on foot the fishing business, and wrote into England to raise as much more." Further than that, the General Court, as the governing body of the colony was called, appointed six men to fish "for general account."
The Salem people made money from the first. The business spread to near-by Marblehead, and the people there became so much interested that when a minister in the pulpit told them that they ought to seek the "kingdom of heaven to the exclusion of all earthly blessings," one of the congregation interrupted him by saying, "You think you are preaching to the people at the Bay. Our main end is to catch fish."
By 1640 the Salem people had made such progress and profits in their fishery that they were able to launch a ship of 300 tons, a monster of a vessel for the day and place. Moreover, Boston people were so wrought up by Peter's enterprise in this matter that they also built a ship at the same time, the Trial, of 160 (or 200) tons.
Unhappily for Salem, her people had no leader after Peter sailed for England, and Boston soon gained the ascendancy in commerce as in politics. But for many years Salem was a port of vast importance in the story of our merchant marine.
In the meantime (1636), the Desire, a ship of 120 tons, was built at Marblehead for the fishing business. It is likely that Peter inspired the people there to build her. She was engaged in fishing for two years and then made a voyage in the slave trade, and thus acquired enduring notoriety.
Of much more importance than these large vessels in promoting the shipping interests of the colonists were the small vessels, smacks, and shallops, which men of limited means built and used. A seven-ton shallop could be built for £25, and in the hands of her owners she was well able to go fishing. Friends and neighbors united their labor as well as their accumulations of capital in sending the small boats to sea. Even the dugout canoe which a man could make for himself was used in the bay fisheries, and the whole world was within the reach and grasp of a man who had the courage and enterprise to launch forth in a dugout canoe of his own making. It was in and through such men that the American colonists were gaining the sea habit.
The cod was the fish of chief importance, though other varieties were sent abroad, and used at home in enormous quantities. Mackerel, though some were eaten and some exported, were used chiefly for bait. Sturgeon eggs were made into caviare then, as now, while the flesh of the sturgeon was smoked and sold—perhaps as the flesh of some more delicate fish. Hake, halibut, and haddock were of some importance, but the one fish that ranked next after the cod was the alewife.
It is said that alewives were so called because their well-rounded abdomens reminded the fishermen of such of their wives as were too fond of malt drinks! Millions of alewives came to the coast and swarmed up the streams until the channels seemed to be filled solid with the struggling bodies. Seines, scoop-nets, and even the naked hands were used in taking them, but the weir was in common use from the first. Indeed, the Indians used weirs before the white men came.
The people naturally looked upon these swarming fish as common property, and when weirs were built by private enterprise and the owners were thus able to "control the market" to a certain extent, laws were promptly enacted to regulate these primitive "trusts." One John Clark was allowed to build a weir at Cambridge on condition that he sell to no one not an inhabitant of the town "except for bait." The interests of the commonwealth were placed ahead of those of the small community when there was a need of "bait." The price of alewives was fixed at "IIIs 6d per thousand." Another monopolist was to "fetch home the alewives from the weir; and he is to have XVId a thousand and load them himself for carriage; and to have the power to take any man to help him, he paying of him for his work."