Cod Wars Iceland, as the Soviet Union, seeking influence in Iceland, stepped in to purchase Icelandic fish. The United States, fearing greater Soviet influence in Iceland, also did so and persuaded Spain and Italy to do likewise. Soviet and American involvement resulted in weakening the punitive effects of the British landing ban. Some scholars refer to the dispute of 1952 to 1956 as one of the Cod Wars, as the object of the dispute and its costs and risks were all similar to those in the other three Cod Wars. Just as the other Cod Wars, the dispute ended with Iceland achieving
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