The Story of the American Merchant MarineSpears, John Randolph
History
The Story of the American Merchant Marine
Spears, John Randolph
Merchant marine -- United States
Then recall the fact that the use of steam for driving war-ships was yet
in the experimental stage. Many able naval men believed that sails were
yet to be preferred, but the English were especially anxious to learn all
about the new power in order to keep abreast with the progress of the
age--to preserve their _naval_ superiority. It is of significance that
young naval officers were detailed to command all of the West India ships
and to accompany those of the Cunard line. Further than that, it is to
be noted that the Admiralty insisted that the subsidized ships be built
of wood not only then, but for years after iron had proved cheaper and
more efficient for merchant ships, and this was done because it was fully
believed that a wooden ship was best for naval uses.
In short, the subsidizing of ships was begun chiefly as a military and
diplomatic measure. Any candid review of the facts shows it. It was done,
too, with a full knowledge that paying a subsidy was against the interests
of the other owners of steamships that were already plying between
Liverpool and New York. In fact, the Cunard line had hardly learned
the way to Boston when the Great Western line made such loud complaints
about the destruction of private enterprise through the subsidizing of
the Cunard that a committee of Parliament took up the whole matter and
concluded that the other steamers would not be put out of the trade.
There were men on both sides of the Atlantic who saw at that time that
steam would eventually drive sails from the packet routes. E. K. Collins
was one of these men. But no one supposed at that time that subsidizing
a single mail line from Liverpool to Boston would do it. And even the
optimistic Cunard directors made no effort to interfere with the traffic
of the New York and Liverpool sailing packets until it was seen that
American capitalists were about to put on a line of steamers between New
York and Liverpool.
With these facts in mind, we may now comprehend the full story of the
first American steam-packet lines that ran across the Atlantic Ocean.
CHAPTER XIV
DEEP-WATER STEAMSHIPS--PART II
The success of the British steamers that crossed the Atlantic in 1838 led
a number of New York capitalists to form what they called the American
Atlantic Steam Navigation Company, of which James de Peyster Ogden was
chairman, and on March 22, 1839, calls for subscriptions to the capital
stock were published in the New York papers. The answers to the calls were
few, and the enterprise was abandoned.
Public-domain text, read in full here on John Shaqi.
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