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he average cost of timber, for hulls, masts, and yards, in building an English 74 gun ship, is £ 61,382. Let us now compare this cost of timber for building, with that of the same item for repairs, for the following fifteen ships, between 1800 and 1820, The list would have been still farther enlarged, but the returns for other ships during some portion of the above period are imperfect:
Name of Ship.No.
of Guns.When built.Repaired fromCost.
Vengeance,74--1800 to 1807£84,720
Ildefonso,74--s period, we should not be surprised to find the whole sum expended under these heads to equal the first cost, even within the minimum estimate of seven years. The whole cost of timber used for hulls, masts, and yards, in building between 1800 and 1820, was £ 18,727,551; in repairs and ordinary wear and tear, £ 17,449,780; making an annual average of $4,560,158 for building timber, and $4,273,371 for that used in repairs, A large portion of the vessels built were intended to replace others which