Sigh...pearls before swine I guess.
The 1856 Declaration of Paris was signed by diplomats from Austria, France and Great Britain. US participation was initially rejected by the Buchanan administration. The Lincoln administration adhered to the Declaration in an attempt to limit potential Confederate naval power.
This adherence to the Declaration of Paris laid the legal basis for the Alabama claims settlement since Britain, a party to the Declaration, permitted the construction and purchase of a warship by a party it did not recognize as an independant nation-state, only a co-belligerant.
Among other things the declaration abolished prize courts. This prevented the condemnation and sale of captured vessels and cargoes and the division of the proceeds between crews, financial backers and national governments. This removed the profit incentive for private parties to finance warships. The prospect of being hanged for piracy provided further disincentive for those that might think to officer or crew such vessels.
I said believe because I didn't have the exact date, the treaty in question does indeed exist. Ever heard of a nation, ANY nation flagging privateers since the mid/early 19th century? No? Not even one? Didn't think so.
I further believe you have your head stuck in your nether regions. I suggest you grab your ears and pull firmly, I believe this may help free the object in question, of course if you aren't going to use it you may as well leave it there.
Here endeth the lesson.
Here endeth the lesson.
I'd say class is still in session.
Privateers in Charleston 1793-1796
By the early nineteenth century, however, privateering finally came to be recognized for the incorrigible institution it was, and in 1856 it was swept away by the Treaty of Paris, to which, it is interesting to note, the United States and Spain did not subscribe.