_of the political economy of this invention_
At the death of Queen Elizabeth, in 1602, the royal navy consisted of the
following vessels.
4 ships of 40 guns.
4 of 32
10 of 30
2 of 20
3 of 16
2 of 12
5 of 10
3 of 8
1 of 6
4 of 4
4 of 2
-- ---
Total 42 180 guns, with 3 hoys.
When equipped for sea, it carried 8376 men.
At the death of King James I. in 1665, the royal navy amounted to
sixty-two sail; the money expended per annum was fifty thousand pounds
sterling, equal to 222,222 dollars, 20 cents.