„ .^ — r-f.^M...^- . ^ II mr- - T ■ 11 -^ 



I 



79 



Conclusion. 



It has thus been shown that under the Treaty of Washington there has been 

 conceded to the United States, — 



First, the privilege of an equal participation in a fishery, vast in area, teeming 

 with fish, continuously increasing in productiveness, and now yielding to operatives, 

 very limited in number when considered with reference to the field of labour, the 

 large annual return of upwards of 6,000,000 dollars, of which 20 per cent, may be 

 estimated as net profit, or 1,200,000 dollars. 



It is believed that the claim on the part of Newfoundland in respect of this 

 portion of the privileges acquired by United States' citizens under the Treaty of 

 Washington will be confined to the most moderate dimensions when estimated at 

 one-tenth of this amount, namely, 120,000 dollars per annum, or, for the twelve 

 years of the operation of the Treaty, a total sum of 1,440,000 dollars. 



Secondly, there has also been conceded to the United States the enormous 

 privilege of the use of the Newfoundland coast as a basis for the prosecution of 

 those valuable fisheries in the deep sea on the Banks of that island capable of 

 unlimited development, and which development must necessarily take place to 

 supply the demand of extended and extending markets. That the United States 

 are alive to the importance of this fact, and appreciate the great value of this 

 privilege, is evidenced by the number of valuable fishing-vessels already engaged in 

 this branch of the fisheries. 



We are warranted in assuming the number at present so engaged as at least 

 300 sail, and that each vessel will annually take, at a moderate estimate, fish to the 

 value of 10,000 dollars. The gross annual catch made by the United States' fisher- 

 men in this branch of their operations cannot, therefore, be valued at less than 

 3,000,000 dollars, and of this at least 20 per cent,, or 600,000 dollars per annum, 

 may fairly be reckoned as net profit; of this profit Newfoundland is justified in 

 claiming onc-fiftli as due to her for the great advantages derived by United States' 

 fishermen, under the Treaty of Washington, of securing Newfoundland as a basis of 

 operations and a source of bait supply indispensable to the successful prosecution 

 of the Bank fisheries. An annual sum of 120,000 dollars is thus arrived at, which, 

 for the twelve years of the operation of the Treaty, would amount to 1,440,000 

 dollars, which is the sum claimed by Her Majesty's Government on behalf of 

 Newfoundland in this respect. 



In conclusion, for the concession of the privileges shown above. Her Majesty' 

 Government claim in respect of the Colony of Newfoundland, over and above any 

 alleged advantages conferred on British subjects under the fishery Articles of the 

 Treaty of Washington, a gross sum of 2,880,000 dollars, to be paid in accordance 

 with the terms of the Treaty. 





Summary. 



In Part I of this Case the claim of Her Majesty's Government in respect of 

 the Dominion of Canada, has been stated at a sum of 12,000,000 dollars ; their 

 claim in respect of the Colony of Newfoundland has been stated in Part II at a 

 sum of 2,880,000 dollars; or a gross total of 14,880,000 dollars,— which is the 

 amount which they submit should be paid fo them by the Government of the 

 United States, under the provisions of Article XXII of the Treaty of Washington 

 of the 8th May, 1871. 



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