[The Old Merchant Marine by Ralph D. Paine]@TWC D-Link book
The Old Merchant Marine

CHAPTER IX
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Because of her reputation for speed, she received freightage of six pounds sterling per ton while British ships rode at anchor with empty holds or were glad to sail at three pounds ten per ton.

Captain Theodore Palmer delivered his sixteen hundred tons of tea in the West India Docks, London, after a crack passage of ninety-one days which had never been equaled.

His clipper earned $48,000, or two-thirds of what it had cost to build her.

Her arrival in London created a profound impression.

The port had seen nothing like her for power and speed; her skysail yards soared far above the other shipping; the cut of her snowy canvas was faultless; all clumsy, needless tophamper had been done away with; and she appeared to be the last word in design and construction, as lean and fine and spirited as a race-horse in training.
This new competition dismayed British shipping until it could rally and fight with similar weapons The technical journal, Naval Science, acknowledged that the tea trade of the London markets had passed almost out of the hands of the English ship-owner, and that British vessels, well-manned and well-found, were known to lie for weeks in the harbor of Foo-chow, waiting for a cargo and seeing American clippers come in, load, and sail immediately with full cargoes at a higher freight than they could command.


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