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
Cod fisheries fishery off the Grand Banks of Newfoundland became hotly contested by the British and French, in the sixteenth and seventeenth century. The British used small boats close to shore, from which they caught the cod with hook and line. They practiced the "dry fishery" technique, which involved shore-based settlements for the drying of cod on flakes or racks placed in the open air for their subsequent transport back to Europe. The French on the other hand practiced the "green fishery", which involved processing the catch with salt aboard ship. At the same time a fleet of schooners fishing for cod,