public library.
Seven years before the wonderful catch of 1852, disasters and other reverses had caused many serious failures, and from that date really begins the decline in whaling, which was rapid after 1860. But meantime San Francisco had worked into the business. For years vessels had fitted out from the Sandwich Islands, returning home only about once in five years. But there were many abuses and disadvantages in this; hence San Francisco as it grew in importance became the head-quarters for fitting, and one ship after another was transferred from the New Bedford fleet to that of San Francisco, until now she is next to New Bedford in the whaling business. It is doubtful if the fleet sailing from Buzzard’s Bay twenty-five years hence is half the size of the fleet of to-day; for vessels that are lost, sold, or broken up are seldom replaced. The astonishing decline in this industry is shown by the fact that three hundred and eleven whaling vessels were owned in New Bedford in 1855. Thirty years later, in 1885, only one hundred and thirty-five such vessels were owned in the whole United States, eighty-six of which hailed from New Bedford, twenty from San Francisco, and the rest from Provincetown, New London, Edgartown, Boston, Stonington, and Marion.
The disasters which have befallen the whaling industry are many and fearful. During the late war rebel cruisers captured fifty vessels, forty-six of them, with their cargoes and outfits, being burned. Twenty-eight of them were New Bedford vessels. These, with other losses, show what New Bedford had at stake before the Court of Commissioners of Alabama Claims. Her slice of the Geneva Award will approximate, when all paid, three millions of dollars. The “stone fleets,” sunk off Charleston and Savannah harbors in 1861, drew heavily on whaling vessels; for more money would be paid by the Government for vessels than they could earn in whaling. In the first stone fleet were twelve New Bedford whalers, and in the second, eight. Then there were the horrible calamities of 1871 and 1876. In the former year thirty-three vessels were crushed or abandoned in the Arctic, twenty-two belonging in New Bedford. The direct loss from this was one million, one hundred thousand dollars. Twelve hundred and nineteen men were thrust out on the ice to perish from cold and hunger. Nothing but the bravery of Capt. Frazier, of one of the abandoned vessels, in journeying seventy miles over the ice-fields to the fleet outside for rescue, prevented untold suffering and death. In the calamity of 1876 twelve vessels were abandoned, causing a loss to New Bedford merchants of about six hundred and sixty thousand dollars. But a greater horror was added to this calamity, some fifty lives being lost.
The wealth that was brought to New Bedford by whaling in its palmiest days was enormous, and gave the city the reputation of being the wealthiest of its size in the world. The catch of 1853, the banner year, was over one hundred and three thousand barrels of sperm oil, valued at four millions, fifty thousand, five hundred and forty dollars; two hundred and sixty thousand, one hundred and fourteen barrels of whale oil, valued at four millions, seven hundred and sixty-two thousand, five hundred and twenty-five dollars; and five millions, six hundred and fifty-two thousand, three hundred pounds of bone, valued at one million, nine hundred and fifty thousand, forty-four dollars,—bone that year averaging only thirty-four and one-half cents per pound; while it now sells at from $2 to $2.50 per pound. The catch of the one hundred and thirteen vessels arriving in the following year brought into the city some over six millions of dollars. In 1866, when prices were very high, the cargoes of the forty vessels that arrived aggregated over four millions of dollars. All was not always palmy, however. Forty-four of the sixty-eight vessels that arrived home in 1858 made losing voyages, causing a direct loss of a million of dollars. Other disasters of less importance have never been uncommon.
It is estimated that between seven hundred and twenty-five and seven hundred and fifty whaling vessels have been owned and sailed from New Bedford. Of these at least two hundred and fifty are known to have been lost. This means immense losses, for not only did the vessels cost from fifteen to seventy-five thousand dollars each, but the outfittings and catches were also partially or wholly lost. At the beginning of this century it cost somewhere about twelve to fifteen thousand dollars to fit out a vessel for a good voyage. In 1858 the cost had increased to about sixty-five thousand dollars, voyages were of longer duration, and catches had increased only about twofold in value. To-day a good outfit falls but little, if any, below fifty thousand dollars. The cost of fitting out the sixty-five vessels that sailed in 1858 was estimated at one million, nine hundred and fifty thousand dollars. [3] The catch since 1800 is believed to have been at least a quarter of a million of sperm whales and nearly as many more right whales, the total value being approximately one hundred and fifty millions of dollars.
Volumes might be told of the experiences of whalemen, of their contests with the natives of many an island in the Pacific, of wrecks, of the bravery with which masters have stood by one another in times of need or trouble, of the great benefits whaling has been to commerce, of the discoveries by masters in their searches for new grounds, of the fields opened for the missionaries, of the men rescued from danger and bondage, etc., etc. [4]
Up to the time of the war, and perhaps till its close, the history of New Bedford and the whaling industry was identical. But the discovery of petroleum, the scarcity of whales, and at the same time the low price of oil, necessitated an entirely new field for the capital and energy so long devoted to whaling. For a period of ten years or so the city was in a transition state, the conservative element contending for a continuation of the old order of things, while the younger blood demanded the necessary changes to keep abreast of the times. At one time it did look as though the conservatives would succeed; but gradually one industry after another got a foothold. Then the panic of 1872 demonstrated that a man who has money must invest it where he can watch it, instead of trusting to luck in some wild-cat railroad scheme out West. By the concentration and investment at home of some of the money saved from the wreck, the Wamsutta mills have become a corporation with a capital of three million dollars. The Potomska mills have accumulated a capital of fifteen hundred thousand, the Grinnell mill has eight hundred thousand, the Acushnet mill six hundred thousand, the Yarn mills three hundred thousand. In addition to these cotton mills other industries have sprung up, so that the total capital represented by the various corporations is over nine millions of dollars. Banking also proved profitable. Of the five national banks three have a capital of a million dollars each, another has six hundred thousand, and the fifth half a million; making a total capital of four millions, one hundred thousand. Add to this the surplus funds, premiums on the stock, etc., and the amount of money represented by these five national banks falls little short of ten millions of dollars. The Institution for Savings has deposits of over ten millions, and, with over three millions of deposits in the other savings-bank, the seven New Bedford banks represent some twenty-three millions of dollars.
But New Bedford is not, or never has been, devoted entirely to the scramble for wealth. Her public schools have been given a place among the best, their cost last year being one hundred thousand dollars. She has given to the world many scholarly as well as smart men. During the war she did her duty bravely, sending eleven hundred more men than her quota. With all of her business she has not neglected her duties to her country or to her own citizens. One of the prides of the city is the Public Library, established under an act of the State Legislature of May 24, 1851, authorizing the incorporation of public libraries. A year and twelve days afterward the common council appropriated fifteen hundred dollars for its support. Before the action of the city government the library had existed a long time as the old Social Library, and before that time as the Library Society, but when the State authorized the incorporation of such institutions it immediately entered the wider field. To-day it has fifty thousand volumes. It has the income of the Sylvia Ann Rowland fund of fifty thousand dollars, the Charles W. Morgan fund of one thousand dollars, the George Rowland, Jr. fund of sixteen hundred dollars, the Oliver Crocker fund of one thousand dollars, and the James B. Congdon fund of five hundred dollars. Besides the culture of books, New Bedford has always been blessed by the presence and words of ministers far above the average in talent and earnestness. The dispute of the early settlers with the General Court showed that the people were particular as to the quality of their spiritual food, and this fastidiousness seems to have been handed down from generation to generation, judging from the personnel of the men. Dr. Samuel West, who preached at the Head of the River from 1761 to 1803, was of just that material to satisfy the spiritual wants of his time. Especially should his name be honored for the vigor and determination with which he threw himself, body and soul, into the struggle for independence. Nor should the names of George L. Prentiss, Moses How, and others be forgotten. One branch of the parent church, the First Congregational (Unitarian) Society, which built its present substantial edifice in 1836-7-8, has had a continuity of pastors hardly equalled anywhere for real spiritual living, thinking, and teaching. Dr. Orville Dewey, who was settled in 1823, was much beloved by everybody, and in his last years, at his home in Sheffield, among the Berkshire hills, he won the hearts of all there by his beauty of character, as he had done here. While Dr. Dewey was abroad, in 1833, and a year or so following, Ralph Waldo Emerson supplied the pulpit. The present church was dedicated in 1838, and Rev. Dr. Ephraim Peabody and Rev. J. H. Morison were installed as pastors. The former remained with the society until 1845, and the latter until 1844. In 1847 Rev. John Weiss became pastor, remaining until ill-health compelled him to resign, in 1857. Two years later Rev. William J. Potter, who is not only the typical preacher but the typical practitioner of his preaching, was installed, and yet holds the pastorate. The bell of this church, tradition says, was formerly in a Spanish convent. Whether this be so or not, its clear, musical tone gives evidence that it is of high pedigree.
Nothing could more fittingly close this article than a notice of that monument to the charitable souls of New Bedford, the Union for Good Works. This is a noble institution, not only because it cares for the poor, but because it aids them to be self-reliant and self-supporting by tiding over times of need. It provides sewing or other work for needy women; it maintains a sales-room for the handiwork of the indigent or the gentlewoman reduced in circumstances, whether the work be preserves, needle-work, or anything that is salable; it has a large reception-room well stocked with the best papers, periodicals, and magazines, books, all the parlor games, etc.; it provides throughout the winter season a series of popular entertainments of high order and little cost; in short, it endeavors to lighten the burdens of those in dependence of distress, and to make pleasanter the life of those whose existence is a continuous struggle. It has the spending of about three-quarters of the income of the one hundred thousand dollars left by James Arnold for the aid of the worthy poor of the city of New Bedford. Besides that it has accumulated a fund of about thirty thousand dollars, by donation and otherwise. This will not be touched, however, until it has reached at least fifty thousand dollars. It will then provide sufficient income to meet the expenses of the Union. There are the various branches of work, the relief committee, the sewing-women’s branch, the fruit and flour committee, the prison committee, the hospitality section, and others. The Union is the outgrowth of the sermon preached by Rev. William J. Potter at his tenth anniversary, but it is not sectarian in any sense.