Ocean trade and shipping . given bythe committee to vessels London-built, set up a rival 1833 the two committees joined forces, and agreed to publishannually a single book called The Register Book of British andForeign Shipping. It will be noticed that, whatever the influenceof Lloyds underwriters in this publication, the title of the bookmade no reference to Lloyds. The new and joint committeewas formed on a basis which included underwriters, shipownersand merchants. Financial support was given to the new enter-prise by Lloyds, the insurance companies and the West IndiaDock Compan
Ocean trade and shipping . given bythe committee to vessels London-built, set up a rival 1833 the two committees joined forces, and agreed to publishannually a single book called The Register Book of British andForeign Shipping. It will be noticed that, whatever the influenceof Lloyds underwriters in this publication, the title of the bookmade no reference to Lloyds. The new and joint committeewas formed on a basis which included underwriters, shipownersand merchants. Financial support was given to the new enter-prise by Lloyds, the insurance companies and the West IndiaDock Company. A good deal of money was subscribed, and in1834 the publication, thus subsidised, appeared under the title Lloyds Register of British and Foreign Shipping. From timeto time—as, indeed, it is to-day—the book was exposed tocompetition, the result of discontent, on the part of certain ship-owners, with the rules or methods of the committee. Perhaps itis just as well that this should be so : but of all the Registers in. •4! O *, LLOYDS REGISTER 123 as to secure that average damages shall be repaired with theefficiency also required, the Book Committee have on their staff,but located at various British and foreign ports, some 300 expertsurveyors. ( Lloyds Surveyors, the Surveyors of LloydsRegister; not to be confounded—as, however, they often are—with Lloyds Agents, the Agents of the ancient Corporationat the Royal Exchange.) A vessel arriving under average insome British or foreign port is at once inspected by the localRegister Surveyor, who sends home to the committee a fullreport of the damage, and eventually certifies as to the sufficiencyof the repairs. The Surveyors are entitled to a pension onretirement. Owing to this and other reasons, the annual costs ofthe Society are heavy, but the classification fees and the subscrip-tions paid by the underwriters, shipowners and merchants for theRegister provide ample funds. Money is, however, by no meansthe objec
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Keywords: ., bookcentury1900, bookdecade1910, bookpublish, booksubjectcommerce
