Appendix

by Adam Smith

4 minutes • 690 words

The 2 following Accounts are joined to illustrate what is said in the Book 4, Chapter 5 on the Tonnage bounty to the White Herring Fishery.

An Account of Busses fitted out in Scotland for 11 Years, with the Number of Empty Barrels carried out, and the Number of Barrels of Herrings caught; also the Bounty at a Medium on each Barrel of Seasteeks, and on each Barrel when fully packed.

Years	Number of Busses	Empty Barrels carried out	Barrels of Herrings caught	Bounty paid on the Busses in pence
1771	29	5,948	2,832	500,160
1772	168	41,316	22,237	11,055
1773	190	42,333	42,055	12,510
1774	248	59,303	56,365	16,952
1775	275	69,144	52,879	19,315
1776	294	76,329	51,863	21,290
1777	240	62,679	43,313	17,592
1778	220	56,390	40,958	16,316
1779	206	55,194	29,367	15,287
1780	181	48,315	19,885	13,445
1781	135	33,992	16,593	9,613
Total	2186	550,943	378,347	155,463

Seasticks 378347 Bounty at a medium for each barrel of seasticks £. 0 8 2¼

But a barrel of seasticks being only reckoned 2/3 of a barrel fully packed, 1/3 is deducted 1/3 deducted 126115 2/3 which brings the bounty to £. 0 12 3¾ Barrels full packed, 252231 1/3 And if the herrings are exported, there is besides a premium of 0 2 8

So that the bounty paid by Government in money for each barrel, is. £ 0 14 11 ¾ But if to this, the duty of the salt usually taken credit for as expended in curing each barrel, which at a medium is of foreign, one bushel and 1/4 of a bushel, at 10 s. a bushel, be added, namely= 0 12 6

The bounty on each barrel would amount to £ 1 7 5 ¾

If the herrings are cured with British salt, it will stand thus, namely= Bounty as before £. 0 14 11 ¾ —but if to this bounty the duty on two bushels of Scots salt at 1 s. 6 d. per bushel, supposed to be the quantity at a medium used in curing each barrel is added, to wit, 0 3 0

The bounty on each barrel will amount to £. 0 17 11 ¾ And, When buss herrings are entered for home consumption in Scotland, and pay the shilling a barrel of duty, the bounty stands thus, to wit, as before £ 0 12 3 ¾ From which the 1 s. a barrel is to be deducted 0 1 0

	0 	11 	3 ¾

But to that there is to be added again, the duty of the foreign salt used in curing a barrel of herrings, viz.. 0 12 6

So that the premium allowed for each barrel of herrings entered for home consumption is £. 1 3 9 ¾

If the herrings are cured with British salt, it will stand as follows, viz. Bounty on each barrel brought in by the busses as above £. 0 12 3 ¾ From which deduct the 1 s. a barrel paid at the time they are entered for home consumption 0 1 0

£. 	0 	11 	3 ¾

But if to the bounty the duty on two bushels of Scots salt at 1 s. 6 d. per bushel, supposed to be the quantity at a medium used in curing each barrel, is added, to wit 0 3 0

The premium for each barrel entered for home consumption will be £. 0 14 3 ¾ Though the loss of duties upon herrings exported cannot, perhaps, properly be considered as bounty; that upon herrings entered for home consumption certainly may. An Account of the Quantity of Foreign Salt imported into Scotland, and of Scots Salt delivered duty free from the Works there for the Fishery, from the 5th of April 1771 to the 5th of April 1782, with a Medium of both for one year. PERIOD. Foreign Salt imported Scots Salt delivered from the Works Bushels. Bushels.

From the 5th of April 1771, to the 5th of April 1782. 936,974 168,226 Medium for one Year 85,179 5/11 15,293 3/11

The Bushel of Foreign Salt weighs 84 lb. that of British Salt 56 lb. only.