The Daily times. [volume] (Richmond, Va.) 1886-1889, 1888-01-19
CREAM OF THE PRESS.
BRIGHT IDEAS CULLED FROM YES
TERDA Us PAPERS.
Our Merchant Marine-A New Naval Sta
tios-A Kansas Criticism-Rapid Transit
Blue-Eyed PoiIoe-Paciac Railroad Com
mission.

Admiral Porter's letter read at The
Shipping Convention contained a prac
tical argument for the revival OF th'
commercial marine. He asserted ina
the enormous sum of $4,000 900 a veal
was taken out of the country by foreign
ers in the carrying trade. This grea
iow," he added, "swells the wealth o
European States, increases their cities
gives employment 10 their artisans
covers The ocean with their ships, bnild'
u2 their great marine workshops, ant
strengthens their navies. In an equa
ratio it deprives a multitude Of industrie'
in this country of employment" Ameri
cans, in his judgment, are paying an i'm
mense subsidy to foreign enterprise IL
abandoning the carrying trade tf
European rivals. They are neglectine
what has been in the past, aud what may
again be in the future with wise leglsla
ton, one of the chief sources OF nations
wealth.
The London Times recently demon
strated the correctness OF Admiral For
,er's views. In a carefully prepared
statistical article on E%ngland's shipping
supremacy il showed that the gross re
ceip;s of The carrying trade ranged be
tween $225 900 1000 and $250,000,0OO, ex
ceeding the net receipts from railways il
the United Kingdom or the annua
value Of the coal produced, and approx
mating to the present agricultural rem
of the country as a WHOLLY. \
Tribune.
After commencing the labofs OF The
Commission, the President takes the de
cided ground that the corporations b.
their sins have forfeited all claim to mercy
and that the settlement with then
should be predicated altogether Cup
o n the substantial interests o
the Government" He punctures tn,
defense of the Central Pacific
men at It's most vital point. and If hi
language is mild concerning their mora
turpitude it is firm. He shows that the,
have wrongfully weakened the Govern
ment's lien, and SAYS that "for the pur
pose of saving or improving the security
afforded by it's junior lien, III
Government should have the RICH
now to purge the paramount lien of al
that is fraudulent, fictitious or uncon
scionable."
And II the transfer of first mortgag,
bonds to innocsnt hands is pleaded
against this action, then, says Mr.. Cleye
land quietly, " it might be well to seek
remedy against those who Issued an
transferred them" He asserts that Con
gress has the power TO supply the neede'
legislation. That body is reminded tina
the Government has not yet fully vestet
In the companies all the grants and al
vantages provided for, and that the fail
ure of the companies to fulfil their con
tract justifes the Withholding of thes
grants.-N. Y, World.
The usual annual convention OF peopl
who pretend to be anxious to "restor
our merchant marine" is now in session
in Washington, and crying out for gov
eminent pap.
II these gentlemen really mean bust
| ness. and are not mere subsidy hunter:
let them compel their members OF Con
gress 10 vote for free raw materials
When American ships arc allowed, b.
the repeal Of oppressive laws, to carr
cargoes both ways we shall very quickl
see a revival of American shipping
Senator Evarts, in a sane m man
wears ago, told a Philadelphia audience
If you want to sell you Il consent t
buy"
If Congress will make the raw material
needed by our manufacturers duty FREE
we shall be able to both sell and buy
and then viii come an immediate "rt
vival Of American shipping" and Will
out either subsidies or these annual cor
vcntions.--N. Y. Herald.
The proposition to establish a me-
naval station on Puget Sound has a goo
degree of support in the Navy Depar'
ment, and II another station is TO be pro
yided anywhere on the Pacific coast tbs
would undoubtedly be the proper sit
The Mare Island yard Is a long distanc
away, and a Puget Sound station woul
be close by the defenses with which th
security OF British Columbia is so car,
fully guarded. Above all, II would be !
a region Of coal, iron, and limestonI
which, being had in abundance, woul
materially add to the facilities for navs
work. There Is, Of course, also plent
Of good shipbuilding timber at hant
Commodore Harmony's recommendation
that such a station should be establishe
has been mentioned with approval b
Secretary Whitney, and a resolution o
the subject is now before Congress-
Y. Times.
The benefits of rapid transit to a lare
community are shown in a very strlkin
way In an address delivered last Noven
Der before the Franklin Institute {
Philadelphia by Prot. Louis NJ. Haupt.
The street-car travel OF that town
now about 1875, 000, 900 per annum.
therefore, the velocity were doubled, s
that the round trip which now require
one hour at the street-car rate shouI
take only half an hour at the elevated raj
road rate, he calculates that the trayelle
would save in time spent in travel in
year Of 300 working days so, 100000
hours, or 2 3,l48 years In the aggregate.
N. Y. San.
A Kansas City woman saw Booth al
Rarrett niav "OfhellOn In that CITY ar