Ocean Steam Navigation and the Ocean Post

Ocean Steam Navigation And The Ocean Post by Thomas Rainey. This work presents a detailed economic and policy examination of transoceanic steam navigation in the mid-19th century, arguing that rapid, reliable ocean mails are essential to commerce, diplomacy, and national power. It surveys the current state of steam lines, contrasts British subsidized postal steam services with American efforts, and lays out a comprehensive case for a government-supported ocean-mail system. Through Preface and a sequence of arguments (Sections I–IX) the book analyzes the present position of ocean navigation, the necessity of fast mails, the capabilities and costs of steam propulsion, and the impediments to self-sustaining lines. It critiques private enterprise and naval subsidies, discusses the economics of coal and hull design, and defends long-term contracts as a remedy. The author includes appendices (Papers A–H) with data on American and British lines, French-American projects, and comparative ship statistics, culminating in a pro–government subsidization program modeled on Britain’s enduring postal system to safeguard American trade and security.