Excerpt from The Fisheries and Fishery Industries of the United States

It is now nearly four hundred years Since these grounds were first fished upon by Europeans, and their resources are still unfailing, but the fishing interests have been mainly transferred to the New World, France alone of European countries having continued to send fishing vessels across the Atlantic down to 1880. Since then, however, the Portuguese have begun to exhibit some activity in connection with the cod fishery of the Grand Bank, and in the Spring and sum mer of 1885 bought several New England fishing schooners and fitted out others from home ports. Their voyages proving generally successful, they have added more vessels to their fishing ¿eet during the latter part of this year, and it is quite possible that, in the course of a few seasons.

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