Page:The New Protectionism.djvu/96
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THE NEW PROTECTIONISM
Considering our growing national dependence upon large, free, quick, reliable sea-transport for the existence of our population and our industry, it would appear singularly unwise to jeopardize our practical control over the sea, even if we could thereby inflict a graver injury to German commerce and sea-power. To take such a course after the experience of a war in which not only the safety, but the financial stability, of our nation is seen so patently to rest upon our predominance in shipping would be an act of inconceivable folly.