The Portland daily press., 1900-04-02

tieuiar study. The need Of abundant es-
tablishasnisfor the CONSTRUCTION. docking
and repairing Of shipA ''an adequate
navy" and "a great dess Of merchaas
vessels" all In readiness for any exigency.
is asserted by the rspor, 70 os "a ss,I,sv,. .sa.
other nations have fortified themselves BY
Increasing their ssa power In AL OF the
ways referred TO, with ths double object
Of "strsn at hening their facilities and
power for carrying on foreign COM
merce."
After giving the sta.lstlos on the extent
OF tonnage the world over, the COST OF
shipbuilding, wages. etc., Mr.. Grosven-
or's report sums up "the cardinal pur-
poses Of the billr as follows;
"i To aid IN q real and practical way
-and no doubt, under existing condi-
tlons, the only possible way-in hfiuging,
TO the greatest extent possibles our own
foreign trade back Into our own hsnos,
and thus saving to our country certainly
more than l0o.oCO,C0O transportation
money annually, which now goes to In
crease the wealth Of cur nations.
"2.-To greatly increase the sxportaticn
and sale Of all kinds Of our super abund. |.
regions Of eastern Asia, evidently very
soon to be opened TO the trade OF the
world This is q trade tnst the nAticn
test prepared to engage In Will necefssf-
ily get the greater proportion OF ~ its
own ships under lite own tag andwith It's
own postal facilities and its own com.
meroisi establishments for the disposal OF
its productions.
"9-To bring into existence at the
earliest possible time great Amerioan
fleet OF merchant vessels, built In our OWE
country, with our own material ana oy
our own labor, as q most necessary means
Of national aid and national safety In
. - ia n
tur Dances, the probability OF when 10 un-
happily not small even now.
u4, TO increase the number OF our
citizens who will be educated In sea-far-
ing work and who will thus have tee
skill and be better able TO defsnd tne
honor and interests Of our country on tne
seas. however, suddenly the occasion may
happen. -,
"5.-The bill, we think viii. II the
roposed compensation Is large enough.
accomplish these great and Important
purpo ses-"
General Grosvenor's report concludes
..';It will, OF course, take . considerable
time to reach the desired end, but the
sooner the policy 10 entered upon the
sooner and easier will be Its accomplish
ment.
"Tbs means proposed are open TO the
capital, the enterprise and the skiii OF all
our citizens alike and on equal terms
I1et6 10 nu BEOuhu AoN my -
monopoly. There 10 absolute ssfsty TO
the treasury In the fact that no payment
can be made until In each and for eaoa
voyage the work is actually performed
AS We have before stated, 10 10 certain
that no vessel, great or small, fast or
slow, In the list. can afford to make q
single voyage without also having large
com mercisl business income from the
same voyage and In doing which oom |.
mercial business she SIS fulfilling one OF
the great purposes Of the bill.
"We represent herewith the proceed
ings of the committee In the various
hesrings We have had.
"In view Of the foregoing considera-
tions we earnestly recon mend the speedy
pass age Of the bill"
The bill and amendments have been
made public heretofore. The anti-trust
amendment 10 slightly changed, so that
In csss of q com bination those participat-
ing in 1t are excluded from the benefits OF
the bill instead Of the previous plan
which would have operated alike against
those In and out Of the combination.