...ts been successful to the extent of wiping the act of 1792 from the pages of the Revised Statutes, there would not now be a first-class shipyard in existence on our soil, and we would have been, like Chile and Japan, forced to dicker on the banks of the Clyde for the construction of our new navy, if we had one at all. But aside from the desire of English ship-builders to create a new market for their p...