Millions for Defense: The Subscription Warships of 1798

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9781557505088: Millions for Defense: The Subscription Warships of 1798

A Baltimore-based lawyer with an interest in maritime and legal history, Leiner describes how private US citizens collected subscriptions to build warships for the new republic, and persuaded Congress to pass a statute that gave subscribers government stock bearing six percent interest in exchange for the money. Ten such ships were built. Annotation c. Book News, Inc., Portland, OR (booknews.com)

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Frederick C. Leiner is a graduate of the University of Pennsylvania, he earned an M.Phil. in international relations from Cambridge as a Thouron Scolar and later received a law degree from the University of Virginia. The author of a dozen articles on maritime and legal history published in American Neptune, the Mystic Seaport Log, the American Journal of Legal History, and other journals, he was awarded the 1993-94 Vice Admiral Edwin P. Hooper Prize by the Naval Historical Center to support his research.

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