The Question of Ships

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Excerpt from The Question of Ships: The Navy and the Merchant MarineIt is an axiom that the greatest good to the great est number is secured, where trade and industrial questions are operative, when the whole population of a nation is engaged in those pursuits which pay best under the environment of the country. There is no imperative demand upon any people to possess a Carrying Trade, a Shipbuilding Industry, or a Foreign Commerce. The carrying trade is an oc cupation of men who own or control ships, and dif fers from shipbuilding as carting does from wagon building, looked at broadly, the two interests are hostile, because shipowners wish to buy new vessels at low prices, to keep the competing vessels few in number, to maintain freights at the highest figures, and to buy cheap, good Ships without regard to the nationality or locality of the builder.About the PublisherForgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.comThis book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully, any imperfections that remain are intentionally left to preserve the state of such historical works.