Cod fisheries into a "codfish aristocracy". The American settlers rose up against British "tariff on an import, instigated by merchants, including John Hancock and John Rowe, in which the scions of the codfish aristocracy" disguised themselves, boarded their own ships, and disposed of their own goods into the harbor in protest to the tariff, more commonly known as the Boston Tea Party (p. 96). In the 20th century, Iceland re-emerged as a fishing power and entered the Cod Wars to gain control over the north Atlantic seas. In the late 20th and early 21st centuries, cod fishing off the coasts of Europe
Atlantic cod for one year the planned 82% reduction in catch limits. Instead, the limit was reduced by 22%. The fishery brought in $15.8 million in 2010, coming second behind Georges Bank haddock among the region's 20 regulated bottom-dwelling groundfish. Data released in 2011 indicated that even closing the fishery would not allow populations to rebound by 2014 to levels required under federal law. Restrictions on cod effectively limit fishing on other groundfish species with which the cod swim, such as flounder and haddock. Cod populations or stocks can differ significantly both in appearance and biology. For instance, the cod stocks of