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HE deeds that have made the Clipper Ship Era a glorious memory were wrought by the shipbuilders and master mariners of the United States and Great Britain, for the flag of no other nation was represented in this spirited contest upon the sea. In order, therefore, to form an intelligent idea of this era, it is necessary to review the condition of the merchant marine of the two countries for a considerable period preceding it, as well as the events that led directly to its development.

From the earliest colonial days, ship-building has been a favorite industry in America. The first vessel built within the present limits of the United States was the Virginia, a pinnace of thirty tons, constructed in 1607 by the Popham colonists who had arrived during the summer at Stage Island, near the mouth of the Kennebec River, on board the ships Gift of God and Mary and John. When these vessels returned to England, leaving