Virginian-pilot. (Norfolk, Va.) 1898-1911, 1900-03-04
THE SHIP SUBSIDY sHAfa,
REASONS WHY CONGRESS SHOULD
NOT ENDORSE IT


NOT ENDORSE IT.
One of the strongest objections
against the HANNAH Payne Frye ship
sidy bill and the one which is not only
unanswerable. but which is, absolutely
inconsistent with the title and prcam-
bic of the biil--which expresses great
solici;ude for our foreign trade and
for our farmers and manufacturers
whose surplus products must be OK
Dorted-!s found in the fact that the
subsidies are not paid according to the
amount of product exported or import
ed. but according to the capacity and
speed of ships. Thus. the highest rate
of subsidy, 3.S cents per registered ton
per 100 miles, would go to the swift
steamers running 81 knots or more an
hour, while the highest rate of subsidy
which could so to the steamers making
less than ii knots an hour is only ~
cents per ton per 100 miles.
Now the great bulk of freights is
carried in the steamers which run less
than ii knots an hour. These steamers
can carry carSoeS equal to or greater
than their. full registered tonnage,
while the swift passenger steamers can
carry carGoes of only onc-fourth TO
one tenth of their registered tonnage.
That this is so is evident from the fact
that n 10-Snot ship which burns from
80 to 20 tons of coal n day, with ~ men
to handle, would. If built to make
| 20 knots an hour require 500 tons of
| coal day with 100 men to handle X.
| For these and other similar reasons
n l2.000-ton 10-knot freighter can carry
n cargo of 1900 or $4,000 tons, while n
| l2.000-ton 21-knot passenger steamship
| can carry n cargo of only from 1000 to
5000 tons of freight. AS the 21-knot
vessel would receive two and one-h half
/ times the subsidy paid to the 10-knot
| frniUhtHr n mr. MI
one-fourth to one-tenth as much freight
the rate of subsidy per ton of freight
| farm Dr0ducts) carried is from TEN
TO TWENTY-FIVE TIMES AS HIGH
| for ef:c-swtft passenger steamship as
for the lyrical freighter There is some
other influence than that of the farm
crs which has caused this bill TO be
drawn in this horrible shape.
Such facts as these demonstrate the
| fraudulent nature of the bill and the
mockary of solicitudc expressed for our
| farmers. manufacturers and laborers
in cant'ng "whcrcas'es"
i cmfwyp cmfwy cmfwy pu pu pupua
STANDARD OIL. COMPANY BEHIND
BILL.
| There can be but little doubt that the
Standard Oil people would get the lion s
share of the more than 5000, O0O, 900
which the Hanna Payne Frye ship
subsidy bill would transfer from the
| pockets of the people 10 the pockets
| of the already rich and prosperous
ship-owners and shipbuilders. The In
| ternational Navigation Company would
receive about $2,500,000 n year. or $780,
100000 for twenty years. Here are
some of the directors and officers of
this company, OF the Standard Oil
Company and of the National Transit
| Compdny-on OF the subsidiary COM
panies of the Standard Oil Company:
j. D. Rockefeller, president of the
Standard OIL Company and director OF
the International Navigation Com
| pany.
c. a. Griscom. director of the stand
ard Oil Company. director of the Ma
tonal Transit Company and president
of the International Navigation Com
parry.
j. d. Archibold, director of the
Standard Oil Company, director OF the
| National Transit Company and director
Of the International Navigation Com
pany
Henry II. Rogers vice president OF
the Standard Oil Company president
Of the National Transit Company and
director of the International Naviga-
ton Company.
Not only is the Standard Oil Com
pany so closely allied to the Interna-
tional Navigation Company-through
| n.tNihS maiiN directors IN coiiliIloii~
that IL is fair to regard the Interna-
tional Navigation Company as an off
shoot and n property of the Standard
Oil Company. and therefore that the
Standard Oil people would pocket the
over $2,0o0000 year OF subsidy which
Hanna. Payne and Frye would have
our government contribute to the In
ternational Navigation Company, but
the Standard OH people would collec,
subsidy on many steamships complies
ly under their control