Jardine and Co. build vessels to compete with the Americans. not be profitably employed in so distant a trade. It seemed almost hopeless[1] to expect that we could construct sailing vessels which would enable us to cope successfully with these celebrated ships. But, though great in speed, it was soon discovered that they were inferior in strength; and, as some of them had landed their cargoes in a damaged state, the shippers of tea and other valuable produce from China encouraged the building of vessels of superior strength, hoping, at the same time, to obtain by improved models an increased speed, even if this speed did not surpass that of these famous American vessels. Accordingly, Messrs. Jardine, Matheson and Co. commissioned Messrs. Hall and Co., of Aberdeen, to
- ↑ All our shipowners had not, however, even then given way to despair, and Mr. Farrer reminds me of a speech which, at the time, had a considerable effect in rousing the drooping spirits of those who were in doubt. He says, in a note I received from him the other day: "Shortly after I joined the Board of Trade, in 1850, I went to dine at some large dinner in the City (a dinner, I think, for one of the great marine charities) at which a great number of the large London shipowners were present. They were then in a state of great irritation at the recent repeal of the Navigation Laws. Amongst those present was the late Mr. Richard Green, who, as is well known, was one of the very few shipowners who supported the Government on the repeal of these laws. After dinner the usual speeches were made, and amongst them was one by the Secretary to the American Legation, a young gentleman who addressed us in the flowing style not uncommon with young Transatlantic orators. After him came Mr. Richard Green—the contrast of style was striking. 'We have heard,' he said, 'a good deal to-night about the dismal prospects of British shipping, and we hear, too, from another quarter, a great deal about the British Lion and the American Eagle, and the way in which they are going to lie down together. Now, I don't know anything about all that, but this I do know, that we, the British shipowners, have at last sat down to play a fair and open game with the Americans, and by Jove we will trump them!' The feelings of the other shipowners present may be conceived." And I may add he did "trump them," for shortly afterwards he built a ship called the Challenger to match their Challenge, which thoroughly eclipsed her.
