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companies were floated, and the fishing area was extended to the South Shetlands, the South Orkneys, and as far as 67° S. along the western coast of Graham Land. This area lies within the Dependencies of the Falkland Islands, and is under the control of the British Government, and its geographical position offers exceptional opportunities for the successful prosecution of the industry by providing a sufficient number of safe anchorages and widely separated islands, where shore stations have been established. The Dependencies of the Falkland Islands lie roughly within latitude 50° and 65° S. and longitude 25° and 70° W., and include the Falkland Islands, South Georgia, South Sandwich, South Orkney, and South Shetland Islands, and part of Graham Land.

The industry is prosperous, and the products always find a ready market. In this sub-Antarctic area alone, the resulting products more than doubled the world’s supply. The total value of the Falkland Island Dependencies in 1913 amounted to £1,252,432, in 1914 to £1,300,978, in 1915 to £1,333,401, and in 1916 to £1,774,570. This has resulted chiefly from the marketing of whale oil and the byproduct, guano, and represents for each total a season’s capture of several thousand whales. In 1916, the number of whales captured in this area was 11,860, which included 6,000 for South Georgia alone. Whale oil, which is now the product of most economic value in the whaling industry, is produced in four grades (some companies adding a fifth). These are Nos. 0, I, II, III, IV, which in 1913 sold at £24, £22, £20, and £18 respectively per ton, net weight, barrels included (there are six barrels to a ton). The 1919 prices have increased to

£72 10s. per ton (barrels included) less 2½ percent.
£68 per ton (barrels included) less 2½ percent.
£65 per ton (barrels included) less 2½ percent.
£63 per ton (barrels included) less 2½ percent.

Whale oil can be readily transformed into glycerine: it is used in the manufacture of soap, and quite recently, both in this country and in Norway, it has been refined by means of a simple hardening process into a highly palatable and nutritious margarine. Wartime conditions emphasized the importance of the whale oil, and fortunately the supply was fairly constant for the production of the enormous quantities of glycerine required by the country in the manufacture of explosives. In relation to the food supply, it was no less important in saving the country from a “fat” famine, when the country was confronted with the shortage of vegetable and other animal oils. The production of guano, bonemeal, and flesh-meal may pay off the running expenses of a whaling-station, but their value lies, perhaps, more in their individual properties. Flesh-meal makes up into cattle-cake, which forms an excellent fattening food for cattle, while bonemeal and guano are very effective fertilizers. Guano is the meat⁠—generally the residue of distillation⁠—which goes through a process of drying and disintegration, and is mixed with the crushed bone in the proportion of two parts flesh to one part bone. This is done chiefly at the shore stations, and, to a less extent on floating factories, though so far on the latter it has not proved very profitable. Whale flesh, though slightly greasy perhaps and of strong flavour, is quite palatable, and at South Georgia, it made a welcome addition to our bill of fare⁠—the flesh of the hump back being used. A large supply of whale flesh was “shipped” as food for the dogs on the journey South, and this was eaten ravenously. It is interesting to note also the successful rearing of pigs at South Georgia⁠—chiefly, if not entirely, on the whale products. The whalebone or baleen plates, which at one time formed the most valuable article of the Arctic fishery, may here be regarded as of secondary importance. The baleen plates of the southern right whale reach only a length of about 7 ft., and have been valued at £750 per ton, but the number of these whales captured is very small indeed. In the case of the other whalebone whales, the baleen plates are much smaller and of inferior quality⁠—the baleen of the sei whale probably excepted, and this only makes about £85 per ton, Sperm whales have been taken at South Georgia and the South Shetlands, but never in any quantity, being more numerous in warmer areas. The products and their value are too well known to be repeated.

The Endurance reached South Georgia on November 5, 1914, and anchored in King Edward Cove, Cumberland Bay, off Grytviken, the shore station of the Argentina Pesca Company. During the month’s stay at the island a considerable amount of time was devoted to a study of the whales and the whaling industry, in the intervals of the general routine of expedition work, and simultaneously with other studies on the general life of this interesting sub-Antarctic island. Visits were made to six of the seven existing stations, observations were made on the whales landed, and useful insight was gathered as to the general working of the industry.

From South Georgia the track of the Endurance lay in a direct line to the South Sandwich Group, between Saunders and Candlemas Islands. Then southeasterly and southerly courses were steered to the Coats’ Land barrier, along which we steamed for a few hundred miles until forced westward, when we were unfortunately held up in about lat. 76° 34′ S. and long. 37° 30′ W. on January 19, 1915, by enormous masses of heavy pack-ice. The ship drifted to lat. 76° 59′ S., long. 37° 47′ W. on March 19, 1915, and then west and north until crushed in lat. 69° 5′ S. and long. 51° 30′ W. on October 26, 1915. We continued drifting gradually north, afloat on ice-floes, past Graham Land and Joinville Island, and finally took to the boats on April 9, 1916, and reached Elephant

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