ward what power could be exerted in this direction with but one single ironclad, when the Merrimac destroyed or scattered all the ships in Hampton Roads, for a moment threatened Washington and the Northern cities with ravage, and was checked at last only by the almost providential appearance of another ironclad, Ericsson's little Monitor, on the scene. And the Alabama's armor of chains made her for a time almost a match for the United States navy.
By what means could the Confederacy have forestalled the North in the provision of a really effective navy? The chance, as I have said, was offered, and declined, with fatal want of foresight. It lay in the ten steamships of the English East India Company, which in 1861 was winding up its affairs. These ships were offered to the Confederacy at a fair valuation. They were very good vessels, and capable of prompt armoring in at least as effective a style as that
