Excerpt from Seaborne Trade, Vol. 1: The Cruiser Period; With Maps
In the execution of this task it has been necessary to touch at some length on the effect of those financial and economic reactions of the war which powerfully affected seaborne trade, though they had no direc... t connection with naval operations. The treatment of these more general causes of economic disturbance has, however, been sub ordinated, so far as possible, to the development of the main theme - the effects, whether direct or indirect, of naval activity on the ¿ow of trade, and the measures adopted to counteract them.
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