264 



COUNTER-CASE OF GREAT BRITAIN. 



ill the total of Lis values for that year, but the difference 

 is not very considerable, and there is no reason for sup- 

 posing that Mr. Williams, a San Francisco journalist, is 

 on this point a better authority than Mr. Milne, who is an 

 expert in such matters. 



PRESENT VALUE. 



IBritiah Com- ^g regards the actual value of the fleet at the present 

 port,'''pp"io6 e« time, the Canadian Fisheries' Eeport estimates the value 

 **?• for 1891 at 425,150 dollars, and the British Commissioners 



at 359,000 dollars. As, however, the tonuage increased 

 from 3,261 tons in 1891 to 4,550 tons in 1892, the present 

 value of the fleet on the basis of these two estimates would 

 be about 572,908 dollars and 483,708 dollars respectively. 

 Appendix, vol. It is uow, howcvcr, possiblc to replace these estimates 

 11, pp. 215-219. by more exact figures. It will be seen that sworn state- 

 ments have been obtained from the owners of all the 

 310 Canadian schooners, and the results will be found 

 set out in a Table in the Ai^pendix. The following 

 is a Summary of the Table: 



VALUE OF UNITED STATES FLEET. 



In this connection it is worthy of note that an estimate 

 of the value of the pelagic fleet of the United States for 

 1889 is given in the United States Census Bulletin, No. 123, 

 1891, and from this it appears that the value per ton, 

 including outfit, is 160 dol. 54 c. This would tend to show, 

 when the improved schooners of higher value, built in 

 1889, 1890, and 1891, are taken into account, that the value 

 of 171 dol. 63 c. is not excessive. 



The capital thus permanently sunk by Canada in the 

 industry compares favourably with the capital similarly 

 invested by Great Britain and by the United States. The 

 capital permanently invested in London is represented by 

 United States Certain i^ermaneiit plant, estimated by the United States 

 Case, p. 273. ^^ 80,000/. (400,000 dolUirs). The capital similarly engaged 

 British^^com-in the United States amounts to 100.000/. (500,000 dollars), 

 portTpp^Toe ajTd but of this about 60,000/. (300,000 dollars) represents cap- 

 lo^' ital invested by United States citizens in pelagic sealing, 



and only the balance of 40,000/. (200,000 dollars) is em- 

 ployed on or in connection with the islands. To the above- 

 mentioned sum of 40,000/., an addition no doubt must be 

 made to cover the permanent plant of dyeing works in the 

 United States, but as only a few thousand skins per annum 

 axe dyed there, this addition must be inconsiderable. 



