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 Department of Fisheries and Oceans (DFO) banned fishing for northern (that is, cod to the north and east of the island of Newfoundland, in Northwest Atlantic Fisheries Organization areas JKL) cod in 1992, which caused great economic hardship in Newfoundland and Labrador. The collapse was blamed on cold water, or seals, and it had even been suggested the cod were really still there; only rarely was overfishing acknowledged, or management's role in that. The DFO partly lifted its ban in 1997, although the International Council for the Exploration of the Sea noted the poor recovery of Canadian cod stocks. In