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The subsidies offered comprised mail subventions to steamships; subventions to general cargo carriers and deep-sea fishing-ships, both steam and sail; and retainers to officers and men of American merchant ships and deep-sea fishing vessels enrolling as naval volunteers. It opened with provisions for the establishment of a naval reserve.

It was so squally on the morning of the 5th that we could scarcely carry our double-reefed topsails, while, as we afterward learned from the fishing-ships, which were in sight at daylight, there was scarcely a breath of wind at a few leagues' distance from the land.

The retainers to officers and men of the merchant marine and deep-sea fishing-ships as inducements to enroll as naval volunteers, were fixed at rates ranging from a hundred dollars a year for the master or chief engineer of a large steamship to twenty-five dollars for a sailor or fireman, and fifteen dollars for a boy, these retainers being independent of their regular pay.

We coasted this low shore, as we had done in the preceding voyage, at the distance of two or three miles, having from twenty-three to twenty-nine fathoms water. We here met with another of our fishing-ships, which proved to be the Lee, of Hull, Mr.

It was now evident that this coast, which had hitherto been considered by the whalers as wholly inaccessible in so high a latitude, had become a fishing station, like that on the opposite or Greenland shore; and the circumstance of our meeting so few whales in Sir James Lancaster's Sound this season was at once accounted for by supposing, what, indeed, we afterward found to be the case, that the fishing-ships had been there before us, and had, for a time, scared them from that ground.