NAVIGATION LAWS
\nˌavɪɡˈe͡ɪʃən lˈɔːz], \nˌavɪɡˈeɪʃən lˈɔːz], \n_ˌa_v_ɪ_ɡ_ˈeɪ_ʃ_ə_n l_ˈɔː_z]\
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Enactments securing to home shippers a monopoly of the carrying trade, either by prohibiting the importation of goods in foreign vessels, or by levying differential duties on such goods. The English Navigation Laws have been repealed, and new regulations substituted by the Acts of 1849 and 1853.
By Henry Percy Smith
Word of the day
Infallibilist
- One who accepts or maintains the dogma of papal infallibility.