41. Raising livestock and harvesting timber / naval stores has also been an essential component of the local economy for centuries. 42. He opened the Globe Naval Stores Company in 1913 and was a director of the Gulf, Florida, and Alabama Railway. 43. In 1853, the yard was completely closed, however it remained closed to the public since it still housed naval stores . 44. In 1902 McKenzie moved to the Florida Panhandle and became joint owner of a naval stores business with 75 employees. 45. The Altamaha River bordered vast swamps full of valuable resources such as timber and precious pine sap for naval stores . 46. Some 1, 200 persons were settled at work camps to manufacture naval stores and pay off their passage as indentured labor. 47. For their return cargo the Americans purchased arms, munitions, and naval stores brought to the island by Dutch and French merchants. 48. The naval stores buildings were occupied by the Royal Australian Navy until 1959, and then by the Australian Army until 1984. 49. After the French declared war on Britain, the Amsterdam merchants also became heavily involved in the trade in naval stores with France. 50. The naval stores industry also fell into decline by World War II as iron had largely replaced wood in the manufacture of ships.
