This book argues that a national, government-supported merchant fleet could expand overseas commerce, reduce dependence on private trusts, and strengthen the navy. It outlines how public ownership might create steady employment for sailors, ensure regular shipping, and protect U.S. shippers from unfair rate practices. The discussion links faster, modern ships with wider trade opportunities, especially with South America, and envisions a more resilient economy through a purpose-driven fleet.

Key ideas center on: the need for more American ships built and crewed here; steady, nationwide operations; and leveraging a government role to stabilize rates and maintain access to global markets. The text contrasts private capital's incentives with the public good, arguing that government ownership could deliver long-term gains for commerce and national defense.

How a government-owned fleet might create jobs for seamen and shipyard workers.
Arguments for reducing reliance on foreign and private-trust shipping through national control.
Connections between shipping policy, trade with South America, and naval readiness.
A vision of faster, larger ships changing the pace of international commerce.

Ideal for readers curious about historical debates on national economics, maritime policy, and the balance between private enterprise and public stewardship.

"About this title" may belong to another edition of this title.

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