Restoration of the American Mercantile Marine (Classic Reprint)

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Excerpt from Restoration of the American Mercantile Marine It is not the purpose of your Committee to deal in statistics which prove what all interested parties must admit, that the American ¿ag is rapidly disappearing from the ocean, and will soon be unknown on the high. Seas, unless our Govern ment rescinds hostile legislation and enacts laws to enable it to compete with our great rival in the carrying trade - Great Britain. We deem it proper, however, to state that the total tonnage of the United States employed in foreign trade fell from tons in 1860 to tons during the year ending June 30, 1880, showing a decrease of nearly 45 per cent. The decadence is more clearly indicated, however, bystatistics showing the movement of tonnage, which prove that the foreign commerce of the country has increased rapidly. The increase in British tonnage, entered since the year 1856, has been tons, while there have been also large gains in the tonnage entries under the ¿ags of Germany, Sweden, Norway, Italy, France, Spain, Austria, Belgium and Russia. This statement, authorized by official statistics, proves where our foreign carrying trade has gone. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully, any imperfections that remain are intentionally left to preserve the state of such historical works.