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It is possible that, the Japanese may become shipbuilders for our own Philippine archipelago. Already the shipyards of Nippon are ringing with the sound of Japan's upbuilding; and the plant of the Mitsubishi company, at Nagasaki among the largest in the world, has been enlarged to accommodate increasing demands.

It was freely admitted on all hands that the French were better shipbuilders than ourselves, yet our ships generally proved the faster in a chase like the present; and I had often wondered how it was. Now I saw and could understand the reason. It was because the British ships were better sailed and better steered than those of our enemies.

The result of the policy of the Navigation Acts was to secure to English merchants and to English shipbuilders a monopoly of all the trade with the East Indies and Africa and with the American colonies, and to prevent the Dutch from competing with English merchants for the greater part of the trade with the Continent of Europe.

Its immediate proximity to almost illimitable fields of iron and coal, the easy terms upon which shipbuilders could thus obtain their materials, and the lower wages paid to workmen on the Clyde, had undoubtedly an important influence in securing for the latter its exceptionally prosperous career; but there were, at the same time, other drawbacks to contend with, including a miserably inadequate draught of water, which in the early history of naval architecture, were only surmounted by patient continuance in well-doing, by unwearied energy, and by the most advanced and economical application of the mechanical arts on which shipbuilding is dependent.

Because Japanese lawyers were gaining a large foreign clientele; because Japanese shipbuilders, architects, engineers had replaced foreigners in government service, it did not at all follow that the foreign agents controlling the import and export trade with Europe and America could be dispensed with.

A hasty glance, in fact, revealed the astonishing fact that nearly all classes in the country were represented city magnates, iron-masters, shipbuilders, ministers of religion, doctors, schoolmasters, clerks, mechanics of all kinds, and a much larger contingent of ladies than we have seen on any previous occasion.

"These men," continued Joe, "are most of 'em handicraftmen as well as divers, because you know, sir, it would be of no use to send down a mere labourer to repair the bottom of a ship, no matter how good he was at divin'; so, you'll find among 'em masons, and shipbuilders, and carpenters, and engineers "

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.

At the outbreak of the war, the Tredegar Iron Works at Richmond was the only place in the South where iron plates of a size suitable for plating vessels could be rolled. The demand was of course far in excess of the facilities of the factory, and many were the make-shifts that shipbuilders were forced to. Some vessels were plated only about the centre, so as to protect the boiler and engines.

"The battleships were laid down for the Turkish Government, and the money with which to start them was supplied by the Secret Service of Germany. The second instalment was due ten months ago, and has not been paid. The time of grace provided for has expired. The shipbuilders, in accordance with their charter, were consequently at liberty to dispose of the vessels as they thought fit.