The nearer the U.S. came to V-J day, the more pressing became one of the nation's most complex problemswhat to do after the war with the gigantic war-built U.S. Merchant Marine? Much had been said about it, and little done.
The nation's modern maritime operations in peacetime have been notably unsuccessful. High point was the days of the great clipper ships like the Flying Cloud (1850), when bold Yankees prowled the seas in bold vessels. But since then with a few notable exceptionsU.S. ships' owners have been famed neither for energy nor enterprise. Over the whole, the U.S. Government has...