The Need of the Hour

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Excerpt from The Need of the Hour: An American Merchant Marine British dominion, for it was ever the aim of England to keep this valuable business under her direct control, but when we gained our independence, we swept aside all the antiquated navigation laws that had been imposed upon us by England, and the United States started out to build up its own merchant marine. During the first ten years marked progress was made ln that direction, and at the dawn of the new century we were carrying 80% of our own products on American bottoms. In the next decade additional progress was made, and by 1810 we were carrying In a very short time thereafter not only practically all our own, but a large portion of the world's commerce was being carried by our ships, and our maritime greatness formed the most Splendid period in our commercial history, for we led the world as a maritime nation and then occupied the position as a carrier that England holds at the present time. 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.