New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1869-10-18

sructon Of SHIP first and aerwsrd the TePsa on tine
nSTs aRs Ta@s a to Do OLs1
the rebate OF the tax external and internal Oh .ne
America tie preference Of our domestic trade produce
upon commences take it that IL wouid give US te
aptitude aptitude for commerce than any people in
to give us the supremacy of the sea BY member OF
the Committee-what would these measures have
OF on Sg the eSpbudne except BY only way
that the Government can interfere anu ta - Dy Rsg
a bounty. The exemption Of the materials from duty
would at present be sufficient on account OF their
superiority in building iron vessels and machinery the
cheapness Of labor there and the marked difference be-
tween our currency The rebate the materials enter
B% S Hs0 sns paT w the English Although
do not know suppose that countries that allow foreign
into their caost trade think would be injurious to
American Shpbuilding II we should admit forelgnbnt
trade is about threequarers OF our entire trade az
present , ,,..,,,.hor,
Wallst. called next He thought u would be some
time before should be able to cope with Great Britain
BY one of the Committee-what advantages has an
iron ship over wooden ship that has gwen treat bV
An ship carries her cargo much better there is
very little wear and tear think there will be some
toms OF iron ships The English do sail ships cheaper
than we DO they require about % per cent more Prev
out of bonds. and not only that but wages are
lower do not think II Is possible f0r US 70 n So saoe
landlord has possession OF our ships we cannot 90 any
thing We could compete with ERgnsR s TSers u nS
other difficulty we have TO contend with Inc shppiug
By one of the COmmtee-wouid you be in favor Of the
navigation lawsi should not Sir should % IN issDr
OF throwing off all restrictions in building
They have got our carrying trade and II they nave
the building Of our ships, we could not convey TtJs
the coast trade that has saved the coasng trade for the
last four i've years, think ltwoud increase cop
ton In foreign trade should allow them 10 register
here although they did participate in the coast trade
BY one Of the CommtteeIs t necessary to nave skea
proysed when necessaryi 1 should think that it was
necessary to have men that understood It; A.
Mr. John W. Ellwell, member OF the Shlp-Owners AS
ISOLATION was called next, and gave the following views
Our with Mexico gave stimulus to snip TanaS
and proved very remunerative for few years ADout
sns That the market became overstOcEed Ships
built at oss and very soon most OF tne snip
sold at loss which ruined large number OF that class
of builders having small means Then came tne CONNER h
Afterward market was found for our ships abroad,
and building again stimulated DURING tne w War
decreased very materially since then, perhaps 90 per
cent The cost Of loading and unloading vessel OWING
TO the high labor has increased from 1900 Deore
the war, 81 200 1880, the present cost linen tne
cost of repairs to vessel have increased about @ per
cent Formerly paid per cent for insurance now We
pay IL and IL per cent The OF building vessels now
sb pOs sSa cost 1 tan can be built
tun, the difference Of price being in materials and
| can builders ought TO be allowed drawback
that would place materials AZ tne same Gus SvS'
Sog9 %s do have in regard
repairs usi They do most OF their repairs AT
three or four years we'll they but by dong 1t at
home as they they get done much cheaper than we
can do II In this country think the drawback WouIu
| tend TO allow our ship builders TO build again.
MI spoford of the firm OF Spofiord q Illeston was
the next to testify follows think there are various
causes that have produced the depression In the snip
res Tine Us to their
has tended TO build up their steam marine MY impress
sion would be in regard 10 % 1d Tp our trade would be-
TO allow our citizens TO purchase their ships where
Ssn 9 0T tSss hs DUTY on Should
be related so that an opportunity might pe gwen
should be in favor OF the abrogatiOn Of the nayi'
cation that the American citizen could purchase
favor OF allowing foreigner to run IN competition with
us in our coast trade IN favor OF granting 10 our
wherever they please and engage in trade wherever they
please think our commerce has received SO great
bow that IL will take time TO recover from H.
The English and French are building up a magnlcsnt
marine and our Is going 10 aeSsy sond he Allowed IN the
Mr.. William whitlock was next called He favored the
relief of the building interest by drawback, or in
other words, remission Of the duty on shipbnderIs
ed proposal he had received from Glasgow builder, to
build him hIsclass iron ship for alt 10 per tun burden
American builders with better ships and eheaPy as
by the English II the duty materials was abaed Late
advces had received from Calcutta stated ta OF the
| LOG vessels In that port only six were American.
Mr. WIN. H. Webb suggested that the Committee, before
they adjourn request the shipowners and undeI~rts
of NewYork TO give In writing, their views upon the
question before the Committee, He had called upon
many OF the underwriters Who though unable 70 attend
the meetngs Of the Committee were quite willing 70 en
press their views In writing He had been surprised 10
and 80 little knowledge among sbpowners OF the pres
epce OF the Committee in NewYork and he felt certain
Committee, their return from Boston, would
| hold another session. many more prominent shipDwh-
| ers would appear before them, and also that
| the written testimony promised would De READY
| by that time, The Chairman thought Mr.. WebDs
sugeestion good one and said he would be glad TO see
Il carried out On motion OF Prosper NJ Wetmofe vote
OF thanks was given Committee for the thorough
and enlightened In which they had conducted
their Inquiries. The Chairman made suitable reply,
valuable suggestions The Committee then adjourned 10
meet in Boston Monday next where they VIII pursue
their investigation. It possible that on their return
! here they will hold another session.