Cod work with the New Englanders in a lucrative contraband arrangement". In addition to increasing trade, the New England settlers organized into a "codfish aristocracy". The colonists rose up against Britain's "tariff on an import". In the 20th century, Iceland re-emerged as a fishing power and entered the Cod Wars. In the late 20th and early 21st centuries, fishing off the European and American coasts severely depleted stocks and become a major political issue. The necessity of restricting catches to allow stocks to recover upset the fishing industry and politicians are reluctant to hurt employment. Cod Cod is the common name
Harold Innis and the cod fishery method of curing their catches onshore, then transporting the dried fish to Mediterranean countries where there was a demand for a higher protein diet. This combined with consumer preferences for dried fish over cod packed in brine meant higher prices, especially in Catholic countries where the church required the regular consumption of fish. Thus, dried cod sold in Spain allowed England to receive substantial amounts of the precious metals that the Spanish were bringing from their colonies in the New World. "Cod from Newfoundland was the lever by which she [England] wrested her share of the riches of the New