Prince Consort Class Ironclad - Cost of Construction

Cost of Construction

The following table compares the cost of construction of:

  • Two-decker steam line of battleships of the Duncan class. Had the Bulwark class been completed to their original design, their costs would have been similar.
  • Wooden hulled ironclad battleships of the Prince Consort class and their half-sister the Royal Oak.
  • Iron hulled ironclad battleships (the first seven laid down).

The ironclads were much more expensive both in absolute terms and in cost per ton than the steam wooden line of battleships. The cost per ton of all the ironclads listed was similar, with Prince Consort the least expensive at £36 per ton, and Achilles and Valiant the most expensive at £48 per ton.

Ship Laid Down Launched Completed Cost of Hull Cost of Engines & Fittings Cost of Masts, Sails, Stores, &c., until complete for Sea Total Cost Displacement (tons) Cost per Ton
Duncan class steam two-deckers (wooden-hulled) £131,000 £22
Duncan 2 May 1855 12 December 1859 August 1860 £132,697 5,950 £22
Gibraltar October 1858 16 August 1860 April 1861 £130,235 5,950 £22
Wooden-hulled ironclads £263,000 £39
Royal Oak 1 May 1860 10 September 1862 April 1863 £189,381 £45,310 £19,846 £254,537 6,366 £40
Prince Consort 13 August 1860 26 June 1862 April 1864 £174,392 £52,603 £15,554 £242,549 6,832 £36
Caledonia 10 October 1860 24 October 1862 April 1865 £212,763 £51,895 £18,672 £283,330 6,832 £41
Ocean 23 August 1860 19 March 1862 July 1866 £201,651 £52,162 £17,417 £271,230 6,832 £40
Iron-hulled ironclads (6,000–7,000 tons) £283,000 £44
Defence December 1859 24 April 1861 2 December 1861 £203,229 £34,357 £15,836 £253,422 6,150 £41
Resistance December 1859 11 April 1861 2 July 1862 £208,571 £33,765 £15,784 £258,120 6,070 £43
Hector March 1861 26 September 1862 22 February 1864 £237,911 £45,738 £10,969 £294,618 6,710 £44
Valiant February 1861 14 October 1863 15 September 1868 £264,443 £48,323 £12,449 £325,215 6,710 £48
Iron-hulled ironclads (9,000–10,000 tons) £409,000 £43
Warrior 25 May 1859 29 December 1860 24 October 1861 £282,581 £74,409 £22,164 £379,154 9,137 £41
Black Prince 12 October 1859 27 February 1861 12 September 1862 £283,511 £74,482 £20,317 £378,310 9,250 £41
Achilles 1 August 1861 23 December 1863 26 November 1864 £375,473 £69,117 £25,740 £470,330 9,829 £48

None of the cost data in the table above includes the cost of armament. Data on Duncan and Gibraltar are taken from Lambert. The date of steam trials has been taken as the date of completion. Costs probably do not include "masts, sails, stores, &c., until complete for sea". Data on the displacement and construction dates of ironclads has been taken from Conways (except for 'laid down' dates for the conversions from the Bulwark class, which were taken from Lambert. Data on costs of ironclads are the "actual outlay on labour and materials" and were taken from Reed. The costs quoted by Reed are similar (but not always identical) to those quoted in Parkes. Baxter quotes similar but not identical costs for the first four British ironclads.

Read more about this topic:  Prince Consort Class Ironclad

Famous quotes containing the words cost of, cost and/or construction:

    It is not enough for theory to describe and analyse, it must itself be an event in the universe it describes. In order to do this theory must partake of and become the acceleration of this logic. It must tear itself from all referents and take pride only in the future. Theory must operate on time at the cost of a deliberate distortion of present reality.
    Jean Baudrillard (b. 1929)

    Keeping accounts, Sir, is of no use when a man is spending his own money, and has nobody to whom he is to account. You won’t eat less beef today, because you have written down what it cost yesterday.
    Samuel Johnson (1709–1784)

    When the leaders choose to make themselves bidders at an auction of popularity, their talents, in the construction of the state, will be of no service. They will become flatterers instead of legislators; the instruments, not the guides, of the people.
    Edmund Burke (1729–1797)