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admiralty American bottoms American merchant marine American ships American vessels amount Atlantic Britain British Empire British industry British mercantile marine British shipping business and government capital carrying trade cartels cent century Chairman colonies Committee competition Conference construction contract Cunard Steamship Company domestic economic England English Essendon established exports favorable Federation of British field foreign commerce foreign trade freight granted Ibid Imperial preferences important increase international trade investments leaders Line loans mail-contract maintain manufactured maritime markets ment Merchant Marine Act monopoly Navigation Acts Navy operating organization paid payments period planned economy political ports position postwar private enterprise production profit protection Report result Royal Mail Royal Navy sailing seamen securities shipbuilding shippers steam steamship subsidy tariff tion tonnage tons trade and shipping trade associations United Kingdom voyage West Indies White Paper world trade