The Question of Ships I the Decay of Our Ocean Mercantile Marine Its Cause And
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But the merchants of Baltimore, which city is in close proximity to Wilmington, do not go there for their supply of ocean steamers, but use British-built vessels, which they cannot own or run as American property, in their extensive fruit trade with Central America and the West Indies ; and the same is true of those lines of steamers which are engaged in like business running out of Philadelphia.
The following is an even more striking instance of the disadvantage the merchants of the United Sta...tes labor under in being prohibited from buying foreign vessels for use in their own business. There were, a few months ago, twenty-four Norwegian steamers running on time charters in the fruit trade between New York and Baracoa, and more than half of these steamers were built in Great Britain or other countries foreign to Norway. What does this mean ? It means that our stupid system prohibits our 24 THE DECAY OF OUR OCEAN MERCANTILE MARINE.
merchants from putting their capital into vessels where it could be employed to advantage in bringing goods to our own market, and compels them to employ foreigners to do the business and pocket the freight money.
What to read after The Question of Ships I the Decay of Our Ocean Mercantile Marine Its Cause And?
You can find similar books in the "Read Also" column, or choose other free books by David Ames Wells to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
But the merchants of Baltimore, which city is in close proximity to Wilmington, do not go there for their supply of ocean steamers, but use British-built vessels, which they cannot own or run as American property, in their extensive fruit trade with Central America and the West Indies ; and the same is true of those lines of steamers which are engaged in like business running out of Philadelphia.
The following is an even more striking instance of the disadvantage the merchants of the United Sta...tes labor under in being prohibited from buying foreign vessels for use in their own business. There were, a few months ago, twenty-four Norwegian steamers running on time charters in the fruit trade between New York and Baracoa, and more than half of these steamers were built in Great Britain or other countries foreign to Norway. What does this mean ? It means that our stupid system prohibits our 24 THE DECAY OF OUR OCEAN MERCANTILE MARINE.
merchants from putting their capital into vessels where it could be employed to advantage in bringing goods to our own market, and compels them to employ foreigners to do the business and pocket the freight money.
What to read after The Question of Ships I the Decay of Our Ocean Mercantile Marine Its Cause And?
You can find similar books in the "Read Also" column, or choose other free books by David Ames Wells to read onlineMoreLess
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