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Sea Power and the American Interest
From the Civil War to the Great War, the transatlantic commercial trading system that dated from the nation’s colonial times continued in America. By 1900, the sustainability of this Atlantic System was in the material interest of an industrial America on which its aggregate national prosperity depended. The principal beneficiary of this political-economic reality was the American moneyed interest centered in the Northeast, with New York City at the heart. Author John Fass Morton explains how this country came to put a value on commercial opportunities overseas in support of America’s steel industry. Europeans and Americans alike pursued informal empires for resource acquisition and mark...
