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History of merchant shipping and ancient commerce, Volume 4 (of 4)

Note 353 — Chapter X

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The details of the different rates per mile which have hitherto been paid to the Peninsular and Oriental Company were as follows:—

s. d.

The first India and China contract (1844 to 1853) was paid for at 17 1 per mile.

The second (1853 to 1866) was first taken at 6 2 per mile.

and was afterwards reduced to 5 5 per mile.

The first portion of the Bombay service, namely, between Bombay and Aden, distance 79,872 miles per annum, was taken in 1854, at 6 2 per mile.

The extension of this service to Suez increased the distance to 142,656 miles per annum, and reduced the rate to 4 2 per mile.

And the subsequent arrangements in the Mediterranean brought the payment for the complete fortnightly line, now existing, down to the average of 2 7 per mile.

The Australian service between Ceylon and Sydney was paid for, from 1861 to 1865, at 21 5 per mile.

The same service was taken in 1865, at 19 0 per mile.

And the directors offered to double it for a sum that would reduce the rate to 13 6 per mile.

India, China and Japan contract 6 7 per mile.

Australian, Ceylon to Melbourne 14 4 per mile.

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