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Updated: May 3, 2025
Winthrop, one of the pioneers in the industry, writes: "The work was hard to accomplish for want of money, etc., but our shipwrights were content to take such pay as the country could make," and indeed in the old account books of the day we can read of very unusual payments made for labor, as shown, for example, in a contract for building a ship at Newburyport in 1141, by which the owners were bound to pay "£300 in cash, £300 by orders on good shops in Boston; two-thirds money; four hundred pounds by orders up the river for tim'r and plank, ten bbls. flour, 50 pounds weight of loaf sugar, one bagg of cotton wool, one hund. bushels of corn in the spring; one hhd. of Rum, one hundred weight of cheese * whole am't of price for vessel £3000 lawful money."
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