Manual of Ship Subsidies / An Historical Summary of the Systems of All Nations

Name: Manual of Ship Subsidies / An Historical Summary of the Systems of All Nations
Author: Edwin M. Bacon

By Edwin M. Bacon

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About This Book

The author traces the historical development and varieties of government aid to merchant shipping, describing premiums for ship construction, navigation and trade bounties, postal subsidies, naval subventions, and low-interest loans. It surveys the laws and practices of major maritime nations in turn, outlining how each country has used protection, exclusive navigation rules, flag and crew requirements, and direct or concealed payments to encourage native fleets. The manual compiles statutory provisions, contracts, and documentary sources to summarize contemporary regulations and their practical effects on shipbuilding and maritime commerce. A final chapter synthesizes comparative trends and the balance between public expense and commercial benefit.

About the Author

Edwin M. Bacon

Edwin M. Bacon was an American author known for his contributions to maritime literature and adventure narratives. His notable works include "Manual of Ship Subsidies / An Historical Summary of the Systems of All Nations," which explores the various ship subsidy systems employed by different nations, and "The Boy's Hakluyt: English Voyages of Adventure and Discovery," aimed at introducing young readers to the thrilling tales of exploration. Bacon's writings reflect a keen interest in both historical and contemporary maritime issues, making his works valuable resources for understanding naval history and the spirit of adventure.