American Foreign Trade; the United States As a World Power in the New Era of International Commerce
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The French merchant marine, in the international sense, may be looked upon as supplementing British ship- ping. France lost approximately a million tons during the war. This was a heavy proportion, since it amounted to nearly forty per cent, of the entire merchant fleet. These losses were partially compensated by turn- ing over enemy ships. The French shipyards, after the war, entered on reconstruction, and French shipping must be considered in the equation of the world's ship- ping ; but the c...lear indications of cooperation with Eng- land justify considering the British and the French mer- chant marine as allies in the competition for world trade.
England starts with one advantage. This is the posses- sion of the world's coaling stations. The strategic im- portance of these coaling stations cannot be overesti- mated. Another advantage is her possession of the tramp steamer. That is peculiarly a British sea institu- tion. It is a commercial fleet in itself and must be reck- oned with in the shipping policy of the United States.
What to read after American Foreign Trade; the United States As a World Power in the New Era of International Commerce?
You can find similar books in the "Read Also" column, or choose other free books by Charles Melville Pepper to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
The French merchant marine, in the international sense, may be looked upon as supplementing British ship- ping. France lost approximately a million tons during the war. This was a heavy proportion, since it amounted to nearly forty per cent, of the entire merchant fleet. These losses were partially compensated by turn- ing over enemy ships. The French shipyards, after the war, entered on reconstruction, and French shipping must be considered in the equation of the world's ship- ping ; but the c...lear indications of cooperation with Eng- land justify considering the British and the French mer- chant marine as allies in the competition for world trade.
England starts with one advantage. This is the posses- sion of the world's coaling stations. The strategic im- portance of these coaling stations cannot be overesti- mated. Another advantage is her possession of the tramp steamer. That is peculiarly a British sea institu- tion. It is a commercial fleet in itself and must be reck- oned with in the shipping policy of the United States.
What to read after American Foreign Trade; the United States As a World Power in the New Era of International Commerce?
You can find similar books in the "Read Also" column, or choose other free books by Charles Melville Pepper to read onlineMoreLess
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