2562 AWARD OF THE FISHERY COMMISSION. 



sider if we have an outside vessel where the captain owns her himself 

 that we make on this fitting about $75. 



Q. Do you know what percentage that is ? It is 10 per cent. A. 

 Well, we make up his account and settle with the crew. 



Q. I am not complaining that it is exorbitant. I think it is very rea- 

 sonable and fair paying business. Now there are 120 barrels of Liver- 

 pool salt, $120. Do you mean to say you pay $1 a barrel for Liverpool 

 salt in bond. (I understood you to say that was taken out of bond.) 

 We can buy Liverpool salt in Prince Edward Island cheaper than that. 

 A. Well, your vessels fetch it out as ballast. 



Q. But does Liverpool salt in bond cost $1 a barrel ? A. Well, we 

 take our salt. It is in the outside part of the town, in the storehouse. 

 We have to send men to head it, and cooper it) and we have to pay for 

 teaming it. 



Q. You are explaining why you charge a profit upon it! A. It is no 

 profit. I am a dealer in salt, and import 50,000 hogsheads of salt I 

 think our Liverpool salt sells at 81.75 a hogshead. 



Q. To whom? A. Any dealers that wish to purchase. 



Q. How many barrels to a hogshead I A. We usually get down here 

 two barrels. 



Q. Is that all ? A. That is what we get. When we sell it, we call it 

 three and a half bushels to a barrel. 



Q. You charge the vessel about 15 cents more than the price ? A. 

 "We charge the vessel no profit on the salt. The vessel has to pay the 

 extra charges there will be for cooperage, teaming it, and taking it to 

 the vessel where she lies, and taking it in. 



Q. Then you charge in addition to these things for the charter of the 

 vessel 81,000, aul then you charge insurance on the charter and outfits. 

 You charge insurance upon the provisions you supply to the men. Do 

 you, as a matter of fact, insure them? A. Any man that charters that 

 vessel has an insurable interest there. Any careful man will insure that 

 interest he has there. There is nothing there that any business man 

 would not call an iusurable interest. 



Q. What insurable interest have you in it ? A. I have no insurable 

 interest. It is the man who has chartered her that has insured her. I 

 think there are a good many things I haven't charged. 



Q. Now, you have skippership or master's commission on net stock, 

 $3,780, at 4 per cent., $151.20; and you make the total expense amount, 

 without interest, $2,215.40. It is a very curious result. You think that 

 is correct? A. In my best judgment, that would be as fair as I could 

 make it. 



Q. I picked up a paper here on the table when you were giving your 

 evidence, the Commercial Bulletin of Boston. That is well recognized 

 as a commercial paper of standing, I believe. Now, in looking at the 

 prices which you allowed this vessel for her mackerel, I find you are 

 very much below the market prices quoted here. This is the extract; 

 I will read it: "Prince Edward Island Number ones (I see that they 

 specially quote the Prince Edward Island Number ones), from $18 to 

 $19. Large Number twos $17 to $18; twos $12 to $14. Large Num- 

 ber threes $9 to $10. Medium threes $9 to $10. Now I have taken 

 your prices. You give $16 for the $19 that they give. Where they 

 quote $18 you give $10. Where they quote $9 to $10 for medium threes 

 you give $6. A. I have based that on the fish that were actually sold 

 and were bought by Benjamin A. Baker. The prices he paid were these' 

 stated in that account. 



