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Excerpt from The Merchant Marine: A Necessity in Time of War, A Source of Independence and Strength in Time of Peace Through the long period I have spent in the naval service of the United States I have carefully studied the mercantile side Of the nation's ocean service, not only because it is of vital importance to the country's safety as an auxiliary of the Navy, but also because it is an instrument essential to the nation's wealth and to h...

Excerpt from The Merchant Marine: A Necessity in Time of War, A Source of Independence and Strength in Time of Peace Through the long period I have spent in the naval service of the United States I have carefully studied the mercantile side Of the nation's ocean service, not only because it is of vital importance to the country's safety as an auxiliary of the Navy, but also because it is an instrument essential to the nation's wealth and to h...