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Hearings were given in all these places to hundreds of citizens: commercial bodies, shipbuilders, shipowners, shipping merchants, merchants in general trade, manufacturers, bankers, lawyers, editors, doctrinaires. The majority reported a bill.

So amazing was the growth of the mercantile marine of the young republic such qualities did the Americans show as shipbuilders, as sailors, and as merchants that in 1860, the American mercantile marine was greater in tonnage and number of vessels than that of all other nations of the world combined, except Great Britain, and almost equal to that of Great Britain herself.

While he hesitated, some of the shipbuilders were ambushed in the woods, robbed, beaten, and left half dead. Baranof could not afford to wait. He had no more legal justification for his act than the plunderers had for theirs; but it was a case where a man must step outside law, or be exterminated.

The construction bounties, as was declared, were given "as compensation for the increased cost which the customs tariff imposed on shipbuilders" in consequence of the repeal of the law granting free import of materials by construction; the navigation bounties, "for the purpose of compensating the mercantile navy for the service it renders the country in the recruitment of the military navy."

In recognition of the services which he rendered to the cause of mechanical science generally, and to this Institution in particular, he was presented with his bust at a conversazione held in the Corporation Galleries on 19th August, 1870, when the North of England Institution of Mining and Mechanical Engineers held a series of joint meetings with the Institution of Engineers and Shipbuilders in Scotland.

A narrow garret-stairs led down to the main staircase, which lay inside the building and was supposed to be used only by those who lived on the side facing the street. This was the fashionable portion of the "Ark"; here lived old sea-dogs, shipbuilders, and other folks with regular incomes.

He had been a student at the Royal School of Naval Architecture with the Whites, Elgars, Yarrows, Turnbulls, and other famous shipbuilders, and on quitting it had taken the assistant-secretaryship in question as an occupation pending some suitable vacancy in the Government service or some large private yard.

There were the descendants of old shipbuilders and merchants who drew their sufficient dividends and lived on the traditions of times long past. All these families knew and accepted one another. Their peculiarities were no more to be questioned than the eccentric shapes of clouds. The Daytons, who were phenomenally ugly in a bony way, were the Daytons.

While the tonnage destroyed by the undersea instruments of frightfulness was sufficiently serious to cause grave alarm on both sides of the Atlantic, it formed but a small percentage of the ships actively and continually engaged in the transportation of munitions and supplies, while it was practically counterbalanced by the activities of Allied shipbuilders and by the seizure for Allied service of interned German ships in the countries that entered the war subsequent to February 1, 1917, when the campaign of unrestricted destruction began.

As a contribution to the situation the Federal Government is engaged upon the greatest program of waterway, harbor, flood control, public building, highway, and airway improvement in all our history. This, together with loans to merchant shipbuilders, improvement of the Navy and in military aviation, and other construction work of the Government will exceed $520,000,000 for this fiscal year.