James Wedderburn, who had gone to St Andrews in 1514, was for a time in France prepar - ing for a mercantile career.
In the British mercantile marine all ships (except those employed exclusively in trading between ports on the coasts of Scotland) are compelled to keep an official log book in a form approved by the Board of Trade.
An effort to encourage the development of the mercantile marine was made in the same year, and a convention was concluded with the chief lines of passenger steamers to retain their fastest vessels as auxiliaries to the fleet in case of war.
This sum consists of 4,240,000 of naval expenditure proper, 220,000 for naval pensions and 380,000 for premiums upon mercantile shipbuilding.
The substitution of steamships for sailing vessels has brought about a diminution in the number of vessels belonging to the Italian mercantile marine, whether employed in the coasting trade, the fisheries or in traffic on the high seas.