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The excerpt represents the core issue or deciding factor on which you must meditate, and is drawn from Lady Baltimore by Owen Wister: dredge going out at the jetties. So the enemy blows up your dredge and
you are bottled in, or bottled out. It is very simple for the enemy. And,
for Kings Port, navy yards do not galvanize dead trade. It was a gold
brick. You have not been on the Hermana before?"
He knew that I had not, but he wishes to show her to me; and I soon noted
a difference as radical as it was diverting between this banker-
yachtsman's speech when he talked of affairs on land and when he attempted
to deal with nautical matters. The clear, dispassionate finality of his
tone when phosphates, or railroads, or navy yards, or imperial loans were
concerned, left him, and changed to something very like a recitation of
trigonometry well memorized but not at all mastered; he could do that
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