Millions for Defense: The Subscription Warships of 1798

The title of this book comes from a toast popular with Americans in the late 1790s - millions for defense not a cent for tribute. Americans were incensed by demands for bribes from French diplomats and by Frances galling seizures of U.S. merchant ships and as they teetered toward open war were disturbed by their countrys lack of warships. Provoked to action private U.S. citizens decided to help build a navy. Merchants from Newburyport Massachusetts took the lead by opening a subscription to fund a 20-gun warship to be built in ninety days and they persuaded Congress to pass a statute that gave them government stock bearing 6 percent interest in exchange for their money. Their example set off a chain reaction down the coast. More than a thousand subscribers in the port towns pledged money and began to build nine warships with little government oversight. Among the subscription ships were the Philadelphia later lost on the rocks at Tripoli; Essex the first American warship to round the Cape of Good Hope; and Boston which captured the French corvette Le Berceau. This book is the first to explore in depth the subject of subscribing for warships. Frederick Leiner explains how the idea materialized who the subscribers and shipbuilders were how the ships were built and what contributions these ships made to the Quasi-War against France. Along the way he also offers significant insights into the politics of what is arguably the most critical period in American history.