Note 304 — Chapter XVII

We must ever remember that although, since we relieved our Shipowners of all the restrictions to which they were subjected by the Navigation Laws, they have advanced above all other nations, the shipping of many of those nations are now running them a very close race. If we burden them with load-lines, which prevent them from carrying as much cargo with safety as a foreign vessel would be allowed to do—half a foot, or even three inches less depth may deprive them of all their profit—or saddle them with charges for surveys and so forth, already very heavy, and to which their competitors are not subjected, we, in either case, drive them from the trade. We must further, if we adopt the principle of a certificate of seaworthiness, recollect the interests of a great number of small coasters, and carefully consider if it would not seriously affect them.