Page 19 - Merchants and Mandarins China Trade Era
P. 19
5.
latter types to reach East India in less time and to visit
ports not hazarded by larger ships. These vessels were often
at sea for a year or more sailing from port to port in search
for profitable trade.
Because of the conditions governing the East India
trade, the shipmaster was of utmost importance to his mer
chant-employer. Lack of communication between merchant and
ship forced the merchant to rely on his captain for decisions
that ordinarily he would make. Only the captain could be
aware of the exact market conditions at a foreign port. Con
temporary methods of ocean transportation lent further weight
to the captain's decisions. The state of markets in ports
both in the United States and abroad at the time of a vessel's
departure often varied considerably by the time the vessel
reached the foreign ports and returned. A merchant therefore
was very dependent on his master in making commercial profits.
Employing a man who was simultaneously a good seacaptain and
a skilled businessman was almost essential. Although merchants
eventually sent a supercargo on the voyage to handle the trade,
they gave their masters immense discretionary powers over where
to trade and what cargoes to bring back. Often at the end of
an East Indian voyage a merchant would discover his vessel had
4
completely changed cargoes several times before returning.
4
Samuel Eliot Morison, Maritime History of Massachusetts
(Boston and New York, 1925), pp. 84-85.