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942 XII. SHIPPING AND NAVIGATION OF SWEDEN.
upon during the American war of independence (1775/83), in which the greater
maritime powers were gradually involved, owing to which their shipping
decreased, to the benefit of the neutral powers. As already indicated before,
the Swedish shipping probably has never been more profitable than during
that time.
The Norra Blasieholmen harbour in Stockholm.
During the long period of peace which Sweden has enjoyed since
1814, its shipping has undergone no small development, although its
relative importance scarcely is the same as during certain preceding
epochs. Of all merchant fleets the Swedish one held in 1850 about 2-6«
per cent — reckoned according to the »reduced» tonnage (see Table
139), and using the maritime statistics of A. N. Klsr. In 1865, our
share had gone down to 1*92 per cent. During the next decade, more
especially during the beginning of the decade 1871/80, a tremendous
rise occurred, which in 1875 carried us on to 3-22 per cent of the
world’s tonnage, but after that came twenty years that constituted one
of the weakest chapters in the modern history of our shipping. And
though there has been evident improvement during the last few veais.
the merchant fleet of Sweden at present scarcely exceeds 2 per cent of
the total stated for all the sea-faring nations. — The course of
development during the whole latter part of the nineteenth century appears in
Table 139 on the following page.
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