THE FISHERIES From early limes the fisheries have been of the greatest importance to the Icelanders. During the colonization of the country fish in firths and lakes constituted the main assets of the land, and there is little doubt that at first many of the settlers lived largely on fish, birds’ eggs and other natural produce. In the fourteenth century fish became the staple article of export, and the fishing steadily developed till the end of the fifteenth century. For the next hundred years fish still re- tained its place as the chief commodity, but then a decline set in, and it is not till the nineteenth century, and more especially during the last fifty years or so, that any real development in this important industry is visible. As, however, official fishery statistics were not issued till 1897, this article will be devoted mainly to the growth of the fishing industry since the beginning of the present century. THE EISHING FLEET Up to about sixty years ago the Icelandic fishing fleet consisted al- most exclusively of rowing-boats, and deck vessels were very little em- ployed here till towards the close of last century. In 1876 the total number of open boats was 3208; that of deck vessels only 38, all very small. But during the subsequent 30 years their number constantly increased, particularly after 1890. Since 1905 this increase has been as follows: ear 1905 i010 1915 1920 . 1925 . jo27 | Motor boats Sailing of 12 tons Jessels and upwards 120 201 185 Other Trawlers steamers =U 28 47 a6 27 20 Motor boats of less Rowing- than 12 tons boats 14 0 at 1121 355 1002 394 8i1 491 650