bounty


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Related to bounty: Mutiny on the Bounty, HMS Bounty

Bounty,

British naval vessel, a 220-ton (200-metric-ton), 85-ft (26-m) cutter, commanded by William BlighBligh, William
, 1754–1817, British admiral. He is chiefly remembered for the mutiny (1789) on his ship, the Bounty, but he had a long and notable career. He was sailing master on Capt. James Cook's last voyage (1776–79).
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. She set sail for the Pacific in Dec., 1787, to transport breadfruit trees from the Society Islands to the West Indies. On Apr. 28, 1789, the ship's mate, Fletcher Christian, led a successful mutiny against Bligh. The captain and 18 of his crew were set adrift in the Bounty's 23-ft (7-m) open launch. By remarkable seamanship they went 3,618 mi (5,822 km) in 48 days, reached Timor in June, and proceeded to England. Some of the mutineers were later captured and court-martialed in England; three were executed. Other mutineers under Christian, along with Tahitian women, landed at Pitcairn IslandPitcairn Island,
volcanic island (2005 est. pop. 45), 2.5 sq mi (6.5 sq km), South Pacific, SE of Tuamotu Archipelago. Adamstown is the capital and only settlement. The first British Pacific Islands possession (1838), the island is officially administered by a governor (the
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, burned the Bounty, and founded a colony where all but one were subsequently murdered by their servants. The mutineers' descendants continue to live on the island, where the Bounty's remains were found in 1957.

Bibliography

See A. McKee, H.M.S. Bounty (1961); J. Barrow, The Mutiny of the Bounty (1989); S. McKinney, A True Account of Mutiny Aboard His Majesty's Ship Bounty (1989); C. Alexander, The Bounty (2003).


bounty,

amount paid by a government for the achievement of certain economic or other goals. It often takes the form of a premium paid for the increased production or export of certain goods. The bounty was an important technique of mercantilist economic policy (see mercantilismmercantilism
, economic system of the major trading nations during the 16th, 17th, and 18th cent., based on the premise that national wealth and power were best served by increasing exports and collecting precious metals in return.
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). Whereas a subsidysubsidy,
financial assistance granted by a government or philanthropic foundation to a person or association for the purpose of promoting an enterprise considered beneficial to the public welfare.
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 is a lump sum given for the purpose of promoting an enterprise considered beneficial to the public welfare, a bounty is given as a gratuity per unit of production. Bounties are usually in the form of direct cash payments. However, bounties can be in a concealed form such as exports relieved from payment of a tax or excise duty, special railway rates, rebates on taxes and import duties, credit facilities, and export credits guaranteed by the government. Effects of an export bounty can be destroyed by a countervailing duty imposed by an importing country. The compensatory export bounty is aimed at compensating producers for duties paid on imported raw materials used in making the particular commodity. Bounties also have been granted by states for the construction of roads, canals, railroads, and other public works, and they have been used by nations as an inducement to army enlistment. State governments in the United States have given bounties for the killing of animals regarded as destructive to livestock.
References in classic literature ?
But, as before, the Queen used him, and withheld "the bounty of her hand"; from her he received no State appointment.
"As to the apprehension of bestowing bounty on such as may hereafter prove unworthy objects, because many have proved such; surely it can never deter a good man from generosity.
But I, to my misfortune, always served place-hunters and adventurers, whose keep and wages were so miserable and scanty that half went in paying for the starching of one's collars; it would be a miracle indeed if a page volunteer ever got anything like a reasonable bounty."
"All the Norfolk Islanders that have descended from the Bounty crowd are that way.
Come, you are a magistrate, I wish you’d make me out an order for the bounty.”
“The bounty!” repeated Hiram, holding the ears on the end of his finger for a moment, as if uncertain how to proceed.
Nature had surely formed her in a partial mood; and, forgetting her usual stinted step-mother dole of gifts, had endowed this, her darling, with a grand-dame's bounty.
And unlike the federal False Claims Act, upon which the whistleblower provision was modeled, the Dodd-Frank Act allows whistleblowers to provide information to the SEC or CFTC anonymously through an attorney, and even, after identifying themselves to either agency confidentially, to receive their bounty while remaining publicly unidentified.
IN the hunt for something completely different in the depths of the Examiner archives system, we came across the following: 'The King's bounty has been applied for by Mrs Michael Conroy, to whom triplet boys were born at her Bath Street, Huddersfield home on Monday.' The story was dated September 26, 1946.
The Bounty Hunter (12) WHEN Milo Boyd (Gerard Butler) divorced his wife Nicole Hurley (Jennifer Aniston), he thought that was the end of the misery, but all those old emotional wounds are about to be re-opened.
Google announced a bug-bounty program that will pay researchers $500 for each vulnerability they report in the Chrome browser and its underlying open-source code.<p>In a post to the Chromium project's blog, Chris Evans, who works on the Chrome security team, said the base bounty would be $500, but that "particularly severe or particularly clever" bugs would reap rewards of $1,337 each.<p>The latter amount is a reference to "leet," a kind of geek-speak used by some researchers; there, "leet" is rendered as "1337."<p>New vulnerabilities in Chrome, Chromium -- the open-source project that Google uses to craft Chrome -- and plug-ins that ship with Chrome, such as Google Gears, are eligible for bounties, said Evans.
HMS Bounty, built for the 1962 movie Mutiny on the Bounty, was due to be burned at the end of the film.