New technology and the wrecking trade
It used to be, along some hazardous sea coasts, that people could make good money by helping themselves to valuable goods and materials from wrecked ships. But in the nineteenth century the supply of shipwrecks dried up, as more lighthouses were built and lighthouse technology improved.
This disrupted the wrecking trade and put people out of work. Alexander Gordon (1802-1868) described what happened to the trade after a cast iron lighthouse was built in 1846 at Gibbs Hill, Bermuda:
Wreckers were numerous at Bermuda before my lighthouse was put there; since its establishment and good maintenance the wreckers have been compelled to change their occupation. They now are engaged principally in cultivating oranges.
—Alexander Gordon, Circular relating to lighthouses, lightships, buoys, and beacons (London, 1862).