<--HAI>. ii.] COD-FISHERY OF NEWFOUNDLAND. 53 



Brought forward 305 5 5 



Contra. Cf. 



By 192 barrels herrings at 20s. 192 

 By debenture on herrings at 2s. 8d. 25 12 

 By bounty on 60 tons - 9000 



- 307 12 



Gain on home fishery 2 6 7 



Extra Expenses on such Busses as go to the Irish 



Fishery 



To duty of 17| tons salt in Ireland 10 19 11 

 To duty on barrels 416 



To fees on 3 boats at 42s. 66 



22 1 11 



Loss if upon Irish fishery 19 15 4 



Much lias also been written from time to time about the 

 great cod-fishery of Newfoundland : it has been the subject of 

 innumerable treatises, Acts of Parliament, and other negotia- 

 tions, and various travellers have illustrated the natural 

 products and industrial capabilities of these North American 

 seas. The cod-fishery of Newfoundland is undoubtedly one 

 of the greatest fishing industries the world has ever seen, and 

 has been more or less worked for three hundred and sixty 

 years. Occasionally there is a whisper of the cod grounds of 

 Newfoundland being exhausted, and it would be no wonder 

 if they were, considering the enormous capture of that fish 

 that has constantly been going on during the period indicated, 

 not only by means of various shore fisheries, but by the active 

 American and French crews that are always on the grounds 

 capturing and curing. Since the time when the Ked Indian 

 lay over the rocks and transfixed the codfish with his spear, 

 till now, when thousands of ships are spreading their sails in 

 the bays and surrounding seas, taking the fish with ingenious 

 instruments of capture, myriads upon myriads of valuable cod 

 have been taken from the waters, although to the ordinary 



