A. D. 1750. 277 



to the I ft of October ; or they fhall proceed to Campbeltown in Argyle- 

 fliire, and be at the rendezvous of the fiiheries there on or before the 

 I ft of September, and continue fifliinp, to the 31ft of December, unlefs 

 they fhall fooner have completed their loading of fifli ; they fhall keep 

 a journal of their proceedings; of the quantity of filli they difpatch 

 away to foreign rnarkets in their tenders before they come into port, 

 and of the particular quantity they fliall bring into port with them, 

 each vefiel to carry out twelve Winchefter bufliels of fait for every laft 

 of fifh file is capable of holding, to be barrelled up in new barrels ; fhall 

 have two fleets of tanned nets for every vcffel of 70 tons. Every vcflel 

 of 20 tons fliall have fix men, and for vellels of greater burden, one man 

 more for eVery five tons. This adf fliall not exclude any of the king's 

 fubjeifts, though not of this fociety, from fifliing for white herrings, 

 cod, Sec. in the fame manner they might have done before this acf. 

 Any numlier of perfons who fliall fubfcnbe Li 0,000 or more into the 

 fociety, and fhall carry on the fifhery under their own management, and 

 on their own account of profit and lofs, conformably to the diredfions 

 of this acT: (except their being obliged to ufe the marks of the fociety) 

 and from the port named by them, if they fubfcribe under the name 

 of the filhing chamber of fuch city, town, or port refpedively, and fliall 

 fend their account of monies expended in the faid fiflieries, attefled by 

 three of the committee appointed for managing the matters of the faid 

 chamber, and be alfo figned by their accountant, making oath of its 

 being a true account, which account fhall be tranfmitted to the fociety 

 in London, whofe accountant fhall enter the fame as a fum expended in 

 the faid fiflieries by the fociety, in the account which he fliall deliver in 

 to the commilhoners of the cuftoms, as aforeiaid, the laid chamber 

 fhall receive 3 per cent, as the fociety do for other monies employed by 

 them, after deducting the neceffary charges arifing from the receipt of 

 the fame. Such chambers as fliall fifli on their own account fliall not 

 have any profit or lofs arifing from the trade of the fociety. 



Purfuant to this ftatute, his majefty's charter of incorporation was 

 granted, being dated on tlie i ith of October 1750. And, 



Though the fuccefs of this mofl public-l'pirited undertaking has not 

 hitherto fully anfwered the expectation of the worthy promoters of it, 

 in favour of whofe generous zeal too much can hardly be laid, yet it is 

 to be hoped, and greatly to be wiflied, that by firther trials they may at 

 length fucceed. It is indeed extremely difficult to beat another nation 

 out of a trade they have fo long profpered in, even with the above great 

 encouragement from the public, and more efpecially fo frugal a people 

 as the Dutch, who can content themfelves with fmaller gains than other 

 nations, and carry on the fifliery every one on his own private bottom.* 



* It lias with grcut trutli been remarked by a propofij lo carry all before tliem by the weight of 

 very jiiiiicioiis gentleman, that all tlie companies tlieir capital, have mifcairiid I'hey rc.idtitJ the 

 who have fet on foot fifhtrics on a great Icale, aiiJ ncccdary apparalut dear by a fuddeii demand be- 



