The Sun.
London, England, 1870-06-18 00:00:00

THE NEW YORK TIMES ON GOLDWIN

SMITH.
Mr. Goldwin Smith probably never did a more foolish
thing in his life than when he took home to himself the
skesch in Mr. Disraeli's " Lothair " of an " Oxford Pro.
fessor." Mr. Disraeli simply makes a fool's cap, and
labels it " For an Oxiord Professor." Mr. Goldwin Smith
cries out, " It's mine," and puts it on his own head amid
the laughter of the spectators. The Professor supplements
his performance by writing a letter to Mr. Disraeli, call-
ing him a " coward." Well; it does not need much
courage to write a letter of that sort. Mr. Disraeli has
been fighting a battle of one man against All England for
upwards of thirty years past, and even Mr. Goldwin Smith
knows well enough that he is no coward. His letter will,
we fear, be regarded only as another proof of the identity of
the Oxford Professor—for Mr. Disraeli describes that per-
sonage as a man " unable to profit even by his limited
experience of life, from a restless vanity and oxerflolving
conceit, which prevented him from ever observing or
thinking of anything but himself."

PROTECTION FOR AMERICAN SHIPPING

INTERESTS.

The following is Senator Chandler's bill for the revival
of American navigation interest :
A bill to encourage the building of ships for foreign
trade, and for other purposes.
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress
assembled :—That from and after the passage of this Act,
when any imported materials are used in the construction
or equipment of iron ships, built in the United States, for
the purpose of being solely usel in foreign trade and com-
merce, there shall be allowed and paid to the parties
building such ships, under such regulations as the Secre-
tary of the Treasury may prescribe, a sum of money
equal in amount to the duties which have been paid on
such materials at the time of importation, and in case
materials of domestic growth, manufacture or production,
enter into the construction and equipment of such ships,
there shall be allowed and paid to the parties building the
same, under like regulations a sum of money equal in
amount to what the duties on such materials would have
been had such materials been imported from foreign coun-
tries. Provided, however, that any ships built under the
provisions of this section shall be allowed to engage in
the coasting trade of the United States upon the repay-
ment of the moneys which have been paid by the United
States on the construction and equipment of such vessels
only.
Section 2. And be it further resolved, That all ship-
stores and coal to be used and consumed by any vessel on
its voyage from any port of the United States to any
foreign port, may, in such quantity and under such regu-
lations as the Secretary of the Treasury may prescribe,
be taken in whole packages in bond, and disposed of for
such purposes, free of impost and internal duty • and
tax.

Section 3. And be ft further enacted, That for and
during three years from the date of the passage of this
Act, the Secretary of the Treasury shall be authorised
and empowered to issue American registers to iron-built
ships of all kinds purchased by citizens of the United
States in foreign countries, and owned by them, with the
conditiou contained in such register, however, that such
ships shall not be used or employed in the coasting
trade.