American Navigation With Some Account of the Causes of Its Recent Decay And of

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51 and passenger boats of those days, and they carried large quantities of freight besides. They made the run across the Atlantic in an average of less than twenty days, which was three or four days faster than the time of the English vessels in the same trade. The regularity of their departure was found to be an advantage by American buyers, who there- fore insured the goods in this country, stipulating that they should come by packet. The packets accordingly soon came to monopolize all the va...luable business between this country and the principal ports of Europe, and European ships were beaten out of it.
5. An exclusion of foreign flags from our coasting-trade and fish- eries. After the war there was a great increase in the coasting-trade, especially about 1831. The productiveness of the South began to sup- ply an enormous quantity of rice, tobacco, cotton, etc. , for exportation. A large demand for these commodities for local consumption sprang up in the North, as in that part of the country the conveniences had been created both for their manufacture on a large scale for general home and for foreign consumption, and for dispatching them abroad, either in a raw or manufactured state.


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