The age-herald., 1900-12-06
No More Than 9/,50o,o00.

definitely in the bill.
 No More Than q/,50o,o00.
 So far as the cost to the government is concerned" he added, 'dt will be really no more than $75OO,OOO, as the subsidized ships are required to carry the United States mails free of cost to the government"
 There was absolutely no truth in the markable statement that $50,000000 and $50,- 000,0OO and even as high as Sl0O, 100000 a year, would be the cost.
 The limit of nine millions in the sub sidy would not be reached for at least five years, as within that period there would not be enough vessels to draw the full amount of the subsidy. When the limit of nine millions is reached, the subsidy would be pro-rated so all vessels would be on pre- cisely the same plane, and would receive perfectly impartial treatment.
 Referring to a provision of the pending bill requiring all ships to take freight up to certain percentage of their carrying ca pacity, MT Frye said it would prevent ves- sells like the American liner St. Louis from participating in the benefits of the act. He announced, therefore that tomorrow he would propose to the Committee on Com merce an amendment requiring ships to take up to 50 per cent. of their carrying capacity when leaving port of the United States for a foreign port
 Discussing that provision of the bill which enables foreign-built ships to be brought under the American flag and to enjoy portion of the proposeo subsidy under certain restriction, MT. Frye said it had been asserted that 500,000 tons Of for eign vessels would come in at once under the provision as 1t now stands. He said it was his purpose to offer a substitute for the present provision so that 1t could be determined definitely Just how many for eign vessels would be admitted to Ameri- can registry.
 Ship Builders Memorial. ....
 MT. Hale interrupted his colleague to direct his attention to memorial of ship. builders which he had received. He said he in sympathy with the general pro- visions of the bill, but admitted he was troubled by that provision which enabled foreign built vessels to be brought under the American flag to enjoy the proposed subsidy. HeN had received he added a strong protest against this provision Q. s>zs5 measure signed by forty or fifty ship builders in the course of which, the state ment was made that already parties are engaged in foreign shipyards, in the cc-= struction of vessels which are to partici- pate in the proposed subsidy.
 "It is said," added Mir Hale, "that the bounty for foreign-built ships will amount to more than three million dollars a year. I don't think my colleague would look with favor upon any such proposition as that"
 MT Frye said there was only one trouble with the statement made in the protest, and that was that 1t was not true. "Un- der he provision of the pending bill," said he, Owners of foreign-built ships cannot draw cent of bounty until they construct in the shipyards of this country an amount of tonnage equal to that which they have brought from abroad"
 He believed provision for the admission of -h,Ii1t sbipS under trictions was wise, because 1t would insure to the United States respectful fleet of merchant vessels within a reasonable time
 On motion of MT Platt (Conn.), the Sem ate at 3:45 p. m. held a brief executive session and then adjourned.