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steamboats

Had the state-granted cartel held up, our history would have been unimaginably different.

In the early 1970s, when Wall Street was going through a particularly bad time, it actually cost more money to buy a taxi medallion—a license to own and operate a taxicab in New York City—than it did to purchase a seat—a license to trade—on the New York Stock Exchange.

Steamboat competition was about more than speed.

If the Olympic Games demonstrate anything, it is that the urge to be the fastest lies deep in the human soul. And from the earliest days of humankind this urge has had its practical rewards beyond mere glory. The fastest caveman, after all, caught the most gazelles.

Flowing from the Canadian border to Long Island Sound, nourishing both industry and agriculture, and carrying on its back sailing sloops, steamships, and pleasure craft, the Connecticut River has been for three hundred years.

Nineteenth-century American courage and resourcefulness carried our merchant flag to the world's harbors and our nation to world prominence. The proud affection of a sea-conscious nation is reflected in our portfolio of ships by artists of three continents. Our essay, by C. Bradford Mitchell, former editor of Steamboat Bill and information director of the Merchant Marine Institute, charts the curious historic twists of public attitude and official policy that have alternately fostered and stunted our merchant navy.

Nicholas Roosevelt’s fire canoe transformed the Mississippi.

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