The Industrial Revolution

Bibliographic data

Monograph

Identifikator:: 1027928145

URN:: urn:nbn:de:zbw-retromon-159926

Document type:: Monograph

Author:: Cunningham, William http://d-nb.info/gnd/128907487

Title:: The Industrial Revolution

Place of publication:: Cambridge

Publisher:: The University Press

Year of publication:: 1922

Scope:: xxii S., S. 404-886

Digitisation:: 2021

Collection:: Economics Books

Usage license:: Get license information via the feedback formular.

MARINE INSURANCE of sailors, who threw out their ballast on the shore below A.D. 1689 high-water mark, with the result that the harbours got —u. silted up; this practice was prohibited by a statute passed improving in 1746. There was an immense number of Acts for harbours carrying out repairs ab Dover?, Bridlington? Ramsgated, Milford Haven®, Whitehaven, S. Ives’, Wells (Norfolk)? Great Yarmouth? Glasgow and Port Glasgow”, Ayr? Hull®, Boston®, Bristol, and for improving the Clyde. It was also found that the charts of the west and mnorth- and charts. west coast of Britain and Ireland were very imperfect; and a statute was passed, in 1741, for surveying them more completely’, while attention was also given to navigation on the high seas. Rewards were frequently offered for finding a method for discovering longitude at seal; at last £5000 was paid to John Harrison® for his discovery. 924. It is perhaps not unnatural to turn from these The attempts to preserve ships, to give a brief account of the practice of facilities which were now devised for reimbursing those who “7 incurred losses by sea. Loans on bottomry® had served the purpose of marine insurance during the Middle Ages; in the fifteenth century the practice of premium insurance became common?, and there appear to have been a con- siderable number of people engaged in this occupation in 189 1 19 Geo. IL. ¢. 22. This had long been a cause of dispute in regard to the coal rade. The colliers had little return cargo to fetch back from London to Newcastle md so carried much ballast, which they had difficulty in discharging without loing mischief. Conservatorship of the River of Tyne, in Richardson, Beprints. aL pp. 15—21. : 31 Geo. IT. c. 8. 8 and 9 W. IIL. ec. 29. & 92 Geo. II. c. 40; Pennant, Journey, 5. 114. 5 31 Geo. II. c. 38. 5 2 Geo. ITI. c. 87. 7 7 Geo. ITI. c. 52. 8 9 Geo. IL. ¢. 8. 9 12 Geo. II. c. 14. 10 12 Geo. III. c. 16. 1 12 Geo. III. c. 22. 12 14 Geo. III. c. 56. 18 16 Geo. III. c. 23. 14 16 Geo. III. oc. 33. 5 10 Geo. II. c. 104. 18 14 Geo. II. c. 39. \ 12 Ange, st. m. ¢. 15; 26 Geo. II. ¢. 25; 2 Geo. III. c. 18, 8 8 Geo. ITI. c. 14. 19 See above, p. 146. 0 Mr Hendriks (Contributions to the History of Insurance, 16) shows that premium insurance was in use at Pisa about 1400 and at Barcelona before 1435. The rate from London to Pisa was 129], or 150], “according to the risks appre- hended either from pirates or other sources.” Foreigners could not take advantage of these facilities for insurance in Pisa; an attempt was made to impose a similar restriction in England in the 18th century. Parl. Hist. x0. 18; Morris, Essay towards deciding the question Whether Britain be permitted * * * to insure the Ships of her enemies? (1758). See also War in Disguise, 84. On the Spanish practice. see J. de Veitia Linage. Spanish Rule of Trade (1702), 819.

Access restriction

Copyright

fullscreen: The Industrial Revolution

Monograph

Table of contents

Download

Monograph

This page

Image fragment

Citation links

Citation recommendation