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Yes, I agree that there is a "national literature" if I can call it that. As an example, a couple of years ago we read The Secret River by Kate Grenville. I rated it very highly because of the importance of the story to the Australian psyche.
In the same way, I would see the tragic story of the Essex as being particularly important to the US for many reasons, not least the endurance of those who survived, and of course those who did not, including one who made the supreme sacrifice to try to save his fellows.
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