New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-03-18
AMENDMENTS TO THE SUBSIDY BILL
MEASURES TO PREVENT COMBINATIONS BE-
TWEEN SHIP OWNERS AND BUILDERS

NAf'1 A'SibAN'N~'
Washington. March 1.-THE final drafts of the
amendments 10 the Ship Subsidy bill agreed upon
by the House Committee on Merchant Marine ard
Fisheries have been completed. One of these
amendments declares the Sherman Antitrust law
be specifically applicable TO the builder the own
err either both of them OF any vessel entering
into any contract provided for by the act, and any
such vessel is hereby declared to be properly in
the course of transportation within the intent of
said law. The other two amendments designed to
further prevent combinations either between ship
owners builders are as follows:
Sec 25-That upon complaint made to the Sec
rotary of the Treasury that two or more per
owning, controlling operating vessels regis
which aggregate in tonna &c one-third of the total
compensaton under this act have entered into any
contract, combination or conspiracy, whatever be
the terminal facilities for shipping in any port or
ports Of the United States or for regulating or In
gers in trade or commerce among the several States
rebates or privileges to shippers in such commerce
or for otherwise putting any restraint upon trace
foreign nations, the Secretary shall fix time and
heTeo to PERSONS n ay require the
production before him of any contracts or papers
which he may deem material in the consideration
Secretary of the Treasury shall sustain such
charges. thereupon the right CT the person or
persons SO found violating the provisions Of tbs
from the United States under this shall i'm
meediat ss cease cease and determine. 49,,
spiracy, IN whatever form made or entered into
ing two or nore shpyards in the U5ted
which which, haye constructed. are constructing or are
sells aggregating in tonnage third of the total
compensation under this act. for the purpose of
limiting or controlling the number, tonnage;
therein, for regulating in any manner the terms
hereb 81 to eg and G5 G
consolida ton; absorption sale or transfer by the
Of he the
paeity aforesaid of the privileges. franchises or or
limiting or suppressing competition among such
conditions Of such Contracts for Constructing YES
sells therein under one management is hereby de-
Upon written Complaint filed with the Secretary
or application for contract, for the Construction
OF vessels in the United States under the pro-
Of this 81 the OF Of S' the
sinai give n9tce to the int @ or Re
for hearing upon the charges made, and may
Rf shs made 5 him so m
in or the e sne hsg to
II the Secretary Of the Treasury shall find that
he is authorized and directed upon the application
of the person or persons having contracts appli
sells aforesaid within two next thereafter,
the United States. to foreign built vessels to the
aggregate tonnage of the amount of tonnage Of
Violating the provisions Of this section during the
a rd sb be oFe nsW 1g e
sells constructed in accordance with the contract
or application for contract of such person per-
sons and shall be deemed to be constructed in
compliance with such contract application there
for and with the terms of any bond provided for
by this act and shall be entitled to all the benefits
and privileges, and be subject to all the conditions
and obligation applying by this to vessels
vessels shall the coastwise or lake trade
of the United States.
The. word person, persons wherever used
in this section shall be deemed to include cor
porations associations and ''paPtnerships'' ex-
listing under authorized by the laws Of either
the United States, of State Of any Territory
of any foreign country. This section shall not be
held to interfere with prevent the enforcement
of any other law of the United States prohibiting
contracts combinations conspracies in restraint
of trade.