Board of Trade, Ahoy
Source: William Clark Russell's Sailors' Language: A Collection of Sea-terms and Their Definitions (1883)
The words were written by Alexander Hay (born 1826), a Newcastle cabinet-maker who went to sea as a ship’s carpenter. W. Clark Russell printed five verses in the preface to his dictionary Sailors’ Language (1883), which we reprint as Sailors' Language. Russell explains:
A ship’s carpenter once told me that he was clapped in irons and lay manacled for six weeks in a voyage to China for writing the words of a song which the sailors sang on every possible occasion when the captain was on deck.
He called the verses “a fair sample of the sort of ‘growling’ Jack puts into his songs.” The Board of Trade was the government department that regulated British merchant ships, so a crew shouting its name at the captain was threatening to report him. According to Allan’s Illustrated Edition of Tyneside Songs and Readings (1891), Russell got one detail wrong: Hay “was brutally used, but the irons were only threatened.” Hay later recited the song at a public meeting in Limehouse chaired by Samuel Plimsoll, the campaigner for safer merchant ships.