19th century China
19th century ship construction
A01=John F Morton
A01=John Morton
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Alfred Thayer Mahan
Alfred Thayer Mahan era
American economic expansion overseas
American internationalism 19th century
American maritime commerce history
American naval strategy pre WWI
American sea power history
American steel industry and empire
Atlantic system
Atlantic trading system 19th century
Author_John F Morton
Author_John Morton
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Big Navy movement
British naval power
Caribbean interventions early 20th century
Category1=Non-Fiction
Category=HBJK
Category=HBLL
Category=HBLW
Category=HBW
Category=JWCK
Category=JWF
Category=NHK
Category=NHW
Central America fiscal protectorates
China
China Open Door diplomacy
Civil War
COP=United States
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Dollar Diplomacy
Dollar Diplomacy history
economic foundations of sea power
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expansionism
Financial Imperialism
financial institution
financing
General Board
General Board of the Navy
German naval power
Great Britain
great white fleet
industrial revolution
industrialization and national power
informal empire United States
Language_English
Latin America U.S. relations 1900
Madisonian interests foreign policy
mercantile system
merchant marine
Mexican-American war
Mexico
national defense
navalism and economic security
Northeast moneyed interest politics
oil
oligarchs
Open Door policy
Open Door Policy China
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petroleum and sea power
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Progressive Era foreign policy
Progressivism
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railroads
rise of U.S. global power
Sea Power
shipbuilding
softlaunch
steel industry
The Great War
trade
trade partners
U.S. grand strategy origins
U.S. imperial expansion 1898
U.S. Navy
U.S. Navy Civil War to World War I
U.S. Navy history
U.S. Navy modernization 1900
Wall Street
Wall Street and American foreign policy
Woodrow Wilson
Woodrow Wilson foreign policy
World War I
Product details
- ISBN 9781682479117
- Weight: 644g
- Dimensions: 152 x 228mm
- Publication Date: 30 May 2024
- Publisher: Naval Institute Press
- Publication City/Country: US
- Product Form: Hardback
- Language: English
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From the Civil War to the Great War, the transatlantic commercial trading system that dated from the nation’s colonial times continued in America. By 1900, the sustainability of this Atlantic System was in the material interest of an industrial America on which its aggregate national prosperity depended. The principal beneficiary of this political-economic reality was the American moneyed interest centered in the Northeast, with New York City at the heart.
Author John Fass Morton explains how this country came to put a value on commercial opportunities overseas in support of America’s steel industry. Europeans and Americans alike pursued informal empires for resource acquisition and markets for surplus capital and output. Morton looks at how U.S. policy found consensus around the idea of empire, taking stock of the opening of Latin American and Chinese markets to American commerce as a means for averting socially destabilizing economic depressions.
Republican administrations reflected Wall Street finance and America’s other three Madisonian interests—commercial, manufacturing, and agrarian—with the Open Door and Dollar Diplomacy policies to establish fiscal protectorates in Central America and the Caribbean. Undergirding Dollar Diplomacy was their commitment to “a great navy” that would be the “insurance” for an ongoing American interest that Dollar Diplomacy represented. With the strategic arrival of the petroleum sinew and the Wall Street reassessment of the Open Door in China, the Wilson administration tilted toward protecting American investments in the hemisphere—notably in Mexico—with a “Big Navy.” With Wilson, a progressive foreign policy establishment arrived while continuing to reflect the transatlantic internationalism of the Northeast moneyed interest. As a twentieth century progressive institution, the Navy would thus sustain an American expansion that was now progressive.
The Navy story from the Civil War to the Great War reveals a truth. The foundational and dynamic sectors of a great nation’s economic base—its sinews—give rise to policy consensus networks that drive national interest, long-term strategy, and the characteristics of its elements of national power. It follows that the attributes of sea power must be material expressions of those sinews, allowing a navy better to serve as a sustainable and actionable tool for a great nation’s interest.
Author John Fass Morton explains how this country came to put a value on commercial opportunities overseas in support of America’s steel industry. Europeans and Americans alike pursued informal empires for resource acquisition and markets for surplus capital and output. Morton looks at how U.S. policy found consensus around the idea of empire, taking stock of the opening of Latin American and Chinese markets to American commerce as a means for averting socially destabilizing economic depressions.
Republican administrations reflected Wall Street finance and America’s other three Madisonian interests—commercial, manufacturing, and agrarian—with the Open Door and Dollar Diplomacy policies to establish fiscal protectorates in Central America and the Caribbean. Undergirding Dollar Diplomacy was their commitment to “a great navy” that would be the “insurance” for an ongoing American interest that Dollar Diplomacy represented. With the strategic arrival of the petroleum sinew and the Wall Street reassessment of the Open Door in China, the Wilson administration tilted toward protecting American investments in the hemisphere—notably in Mexico—with a “Big Navy.” With Wilson, a progressive foreign policy establishment arrived while continuing to reflect the transatlantic internationalism of the Northeast moneyed interest. As a twentieth century progressive institution, the Navy would thus sustain an American expansion that was now progressive.
The Navy story from the Civil War to the Great War reveals a truth. The foundational and dynamic sectors of a great nation’s economic base—its sinews—give rise to policy consensus networks that drive national interest, long-term strategy, and the characteristics of its elements of national power. It follows that the attributes of sea power must be material expressions of those sinews, allowing a navy better to serve as a sustainable and actionable tool for a great nation’s interest.
John Fass Morton is the author of two previous U.S. Naval Institute Press books, Mustin: A Naval Family of the 20th Century, a title on the CNO’s Book List for Leadership and Management, and Next-Generation Homeland Security: Network Federalism and the Course to National Preparedness. He has also authored Backstory in Blue: Ellington at Newport ’56. For over 30 years, he was a Washington-based national and homeland security consultant, journalist and regular contributor to virtually every major defense publication, in addition to Proceedings. He lives in Annapolis, Md.
