The Story of the American Merchant MarineSpears, John Randolph
History
The Story of the American Merchant Marine
Spears, John Randolph
Merchant marine -- United States
"I am of the opinion," said Lord Hawkesbury, "that _some decisive measure_
in support of our own commerce ... is become indispensable, not merely as
a measure of commercial policy, _but in order to put the contest in which
we are engaged upon its true grounds_." (Quoted by H. Adams, IV, 90.)
But while England strove by every means to preserve her trade and shipping
at the expense of her American rival, and Napoleon, with motives no higher
than those of a highwayman, confiscated American ships and cargoes to the
value of $10,000,000, the American merchant marine prospered.
On December 31, 1789, ships of an aggregate capacity of 123,893 tons were
registered under the American flag for foreign trade. In 1792 the tonnage
registered was 411,438. In 1793, the first year of extensive spoliations,
the tonnage was reduced to 367,734, but thereafter, in spite of the fact
that Americans were obliged to fight their way through swarming enemies,
our shipping grew until in 1800 we made boast of the possession of 667,107
tons in the foreign trade. Further than that, British shipping aggregating
115,000 tons entered and cleared out of American ports in 1790, but
in 1800, only 40,000 tons. From 1790 to 1792 the American tonnage that
entered and cleared averaged 54,000 tons a year; in 1800 the tonnage that
entered and cleared was 236,000.
Even when the stupidity of the administration added the embargo to all
other ills afflicting our shipping, its vigor was not destroyed. The
registered tonnage fell from 840,163 in 1807 to 765,252 in 1808 under
the embargo, but after the embargo was removed (March 1, 1809), the
figures grew within the year to 906,855, and in 1810 we had 981,019 tons
registered for foreign trade. Moreover, 127,000 tons of new ships were
built during that year, and in that year, too, our ships carried 91.5 per
cent of all American imports and exports.
Public-domain text, read in full here on John Shaqi.
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