The North came perilously close to forfeiting, at least temporarily, its ultimately decisive naval ad- vantage. Given extraordinary foresight, skill, and more than a little luck, Confederate leaders might have produced a navy strong enough to gain superiority on the American waters. Their failure to do so can be traced to a set of fundamental decisions.
Surdam, David G.
"The Confederate Naval Buildup,"
Naval War College Review: Vol. 54
, Article 8.
Available at: http://digital-commons.usnwc.edu/nwc-review/vol54/iss1/8