ABSTRACT
If coal was the “blood which coursed through the veins” of British industry, shipping was “the jugular vein” of the nation. 1 Not only Britain's economic position, but her very survival depended on the shipping industry.
If coal was the “blood which coursed through the veins” of British industry, shipping was “the jugular vein” of the nation. 1 Not only Britain's economic position, but her very survival depended on the shipping industry.