5432. When a prize vessel is brought into the public market in London, why should this vessel be subject to regulations different from any other vessel in the London market?—Because the vessel being purchased at Sierra Leone, at one of our sales, would be likely to be a vessel fitted for the slave trade, and for nothing else.
5433. But is it not well known that there are many vessels in the London market equally well adapted for that purpose as many of those vessels?—I think not.
5434. Sir T. D. Acland.] Do you not think that if a bond were given under penalty of forfeiture, if in the course of a certain time, say one, two, or three years, that vessel were detected as being engaged in the slave trade, the party giving the bond would take very good care to keep her out of that mischief?—Yes, I think he would.
5435. Would he not take very good care that the vessel should not get into hands through which that risk could be brought upon himself?—He would be interested in doing so.
5436. Chairman.] Other parties would secure themselves upon each successive transfer by successive bonds to the amount of their own liability?—The amount of the bond might be more than the value of the vessel considerably.
5437. Mr. Forster.] Then the result of that would be that there must be a series of bonds running through all the subsequent sales of the vessel?—Yes.
5438. Mr. W. Patten.] You have stated that in your opinion the breaking up of all the vessels would be far preferable?—Yes, the breaking up of all the vessels would be one of the best things that could possibly be done.
5439. Chairman.] What proportion of the vessels that have been taken within your knowledge have been so broken up?—It is only since the Spanish treaty came into operation in 1836 that they have been broken up at all; since that time more than two-thirds of the vessels condemned have been broken up.
5440. Sir T. D. Acland.] Would it be possible to fix the bond upon the vessel itself?—No; I do not think it would.
5441. Chairman.] You have seen a good deal of the effects of British trade upon the coast of Africa, especially as connected with Sierra Leone?—I cannot say that I have seen very much, but I have seen something.