The times. [volume] (Washington [D.C.]) 1897-1901, 1900-03-18

regulating in any msnneT the terms or
increasing the prices Of construction OF
such vessels is hereby declared to be He
gal; and any consolidation, absorption
sale OF transfer. by the persons owning.
operating. or controlling two or more ship
yards Of the United States OF the capacity
aforesaid. OF the privileges, franchises, or
property Of such shipyards for
the purpose OF limiting or
suppressing competition among such
shipyards and Of placing control Of the
terms and conditions Of such contracts for
cons tructiug vessels therein under one
management IS hereby declared to be il
legal Upon written complaint, filed with
the Secretary of the Treasury by any per
son having O contract or application for
contract for the construction Of new yes
sells in the United States under the pro-
visions Of this act, OF q violation Of the
provisions Of this section. the Secretary
OF the Treasury shall give notice TO the
interested person or persons Of such com
plant and fix time and place
for a hearing upon the charges made
and may require the person or persons
against whom the charges are
made TO produce before him any
contracts or papers which he may deem 10
be material in the decision Of such charges
II the Secretary Of the Treasury shall find
that the provisions Of this section have
been violated he is authorized and directed
upon the application Of the person Or per-
sons having contracts or applications for
contracts for the construction Of vessels
as aforesaid within two years next there
after. TO grant register. as provided by
law as vessels Of the United states 10 for
eigu-b built vessels 60 the aggregate tonnage
OF the amount Of tonnage OF the vcsse.s con-
Etructed by the persons so found violating
the provisions OF this section during the
year next preceding such order.
ReEnrded ~ New Vessels.
such foreign built vessels so register
ed shah be regarded as new vessels. con
! s,ructed In accordance with the contract or
application for conjrac, o. such person or
+ persons and shall be deemed TO be con-
structed in compliance with such contract
/ OF application therefor and with the terms
4 Of any bond provided for by this
act and shall be entitled 10 all the benefits
and privileges and DE subject to an the
+ conditions and obligations applying by this
net TO new vessels constructed in the Unit
. ed states except that such vessels shall not
enter the coastwise or lake trade Of the
United States. The word person or
.rarsone wherever used in this section
ebarl be deemed 10 include corporations.
associations and partnerships existing
T under or authorized by the laws of either
the United states or any State, or
any Territory or Of any foreign country.
f This section shall not be held to interfere
! with or prevent the enforcement OF any
other law Of The United States prohibit
ing contracts. combinations. or conspira-
F eies Ga restraint OF trade.
Ships launched prior 20 January !, 1900,
! shall receive subsidies for ten years and
/ those launched after January !. 1900, shall
: receive fun compensation for ten years
4 and per cent decreasing subsidy for
the next ten years. Another new section
/ provides.
That all steam vessels under contract
] pursuant TO this act shall be visited and
/ classified from time To- time under the di-
rection OF the Secretary Of the Navy with
a view 10 their possible use by the United
States as auxiliary cruisers or transports,
or for other purposes in time OF war;
and the owner Of any such steam
vessel As shall be 50 classified
as an auxiliary cruiser shall bind himself
10 SO strengthen the deck Of said vessel
consistently with her Use for commercial
/ purposes. as to make said deck strong
] enough 20 carry suitable guns; Provided