Page 20 - Merchants and Mandarins China Trade Era
P. 20
6.
Wages aboard ship, including those of the officers,
were uniformly low. But for the officers there were benefits
to supplement their salaries. Each officer, according to his
rank, had free use of an allotted amount of cargo space for
private ventures. In addition, merchants often granted their
officers a commission of the voyage's profits. By skillful
adventuring and expeditious reinvestment a master could become
wealthy in a relatively short time. In turn the master and
his officers gave their loyalty to the merchant-owner of the
vessel. Considering the difficulties a vessel faced in an
East India trading voyage, a merchant faced the problem of his
vessel not returning with a full cargo. The opportunities for
embezzlement were rife. So to protect his own interests a
merchant gave his vessel's officers a stake in the outcome of
the voyage. This system operated well, allowing both merchant
and master to reap profits. Seacaptains, often able to retire in
their thirties, perpetuated the process by becoming merchants
5
themselves.
For the many men engaged in the trade, a voyage to East
India meant unknown adventure and problems as well as profits.
In sailing to Asia a ship passed through varying climates,
including treacherous s::.orms, extreme temperatures, frustrating
calms. But these hardly fazed a vessel's crew. There were
further difficulties in sailing through uncharted waters, haz
ardous especially in the East Indian archipelagos. One mistake
5
Emory R. Johnson, et. al., History of Domestic and For
eign Commerce of the United States (2 vols.; Washington, 1945), p.
118. Morrison, Maritime History of Massachusetts, pp. 76-77, 113.
Marvin, American Merchant Marine, pp. 81, 91-92.