Eagle River review. [volume] (Eagle River, Wis.) 1890-1927, 1900-12-20
SHIP SUBSIDY s,r,
Explanation of the Chief Prov;.,
This Measura


Generally speaking, the shin s.,
bill, about which so much has bo 'u'Sa
lately, provides for Tonnage I H.
on sail and steam vessels, with wv
crease on sliding scale accordin,
size and speed of the vessel. NJ
is to receive bounty unless il cs,s 10y
cargo amounting to 80 per cent ~
carrying capacity on every yovac0
other words, no bounty will be nsia
voyages made in ballast or without ~
commercial freight. The vessels
be built upon designs approved Nv Y
naval authorities, and be subjected =. y
use of the government for cruisers n y
of war. Foreign built ships owna1
American citizens can receive hale !
bounty to be paid to American.bnit
sells, and ships actually contractod
and under construction in foreign M
yards for American owners are emily
to the same privilege, but the bounty =
be withheld until their owners bavo w.
an equal amount of tonnage in tile H.
ed States. All ships must be rated !,
One-fourth Of their crews must ha II
zens of the United States, and in ~,
to- educate officers for ships to be bui,
the future they must carry one cadet !,
every 1000 tons or fraction thereof N'
must also carry mails from the INN.
States to foreign countries free of Chars
American vessels already built are s
sidized for ten years; vessels to be- h,
after built for twenty years. The NAV
mum subsidy payable in any one yea, /
100000. At the present time The III
penditure would be about $4,5OOM,
year. When 100000 is reached SINH
dies are to be reduced pro rata as Ans
lean shipping increases.
Uniform subsidy to all American yH
sells of one and one-half cents gross
for each 100 nautical miles not exceed
Ing 1900 miles, sailed outward bomI
The same rate for each 100 miles not n
ceeding 1900 sailed homeward bow
and one cent a gross ton for each adtI
tional 100 nautical miles sailed, on e,S|
entry, not exceeding sixteen in any tive,
consecutive months. Special rates to fail
er steamships, graded according to tia1
speed, to offset the mail subsidies u
by foreign governments, varying fml
five-tenths Of one cent gross ton ID
vessels of more than 1000 gross tons adj
Of twelve knots and less than fourReI
knots speed to two and three-tenths celtI
a gross ton for vessels Of more than lQ|
600 gross tons and twenty-five knots Y
more speed. A ten-knot ship, with
mileage of $4,000 per annum, would elr
$48, 800. A fifteen-knot ship, with mil
age of $4,000 miles per annum, voi
earn $141, $50. A twenty-one-knOt shl
with a mileage of $500 miles per
mum, would earn $304,290
Admits to American registry all at
eign steamships owned by Americans
Jan. 1, 1900, and entities such STEAMSHIP
to half subsidies. Before these fOreig
built steamships can be registered
receive subsidy owners must build mts
United States corresponding steamship
One of the principal arguments al
yanced against the bill by its oppona
is that it favors the European trad
which is already well supplied with tran
portation facilities and practically igna
the South American trade and the nec
sites Of transportation in other dirPctla
where we have none. 1t is also claim
that the American steamship comla
will enjoy the largest benefit from
subsidy. Another objection is that
pending bill fayors fast steamers Tatl
than those that carry heavy cargoeS