New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-02-02
PART II.
FOUR PAGES.
FAvORs SUBSIDY BILL.
CHAMBER OF COMMERCE ADOPTS RE
PORT OF ITS COMMITTEE AGAINST
REMOVAL OF POsTOFFICE.

rno on,ef subject for discussion at the regular
n,onthy meeting Of the ChaihDei . - 49,, .,o
yesterday was report by the Co'''ii-1' "-- ~
$500 "a Stunning upon the bill now pending N
ha1o'i M" -, "a ~, ~ promote the commerce
, ,be foreign trade OF the Unlteu
c.a.es and TO provide auxiliary cruisers runs
rorts and seamen for Government = ..o.. -
- IT,. -s,ort contained a long statement OF
sarF. i"e co. and against the bill. which has
-. &c the Hanna-Payne Subsidy Dill IL
- toned by A Foster Higgins SaInuel H. 10y
l,ondau John II. Starin ard NIIiiam l. C'Hue' IA
Oh o1,sine part OF the report appeared the loi-
towing:
v,o,- committee has endeavored 10 elicit tnte!i-
louI Irae-ions of members views. either for or
against The bill In tas they nave iaiea; III
coupled with the general opposition to subsidies n
anv shape All descending thence TO EltuperaIiG9n
and declaration that the bI Is a s'eal anu tiol.I
inc else In no instance is there an argument en-
feregoihg statements as results of experience and
fects Those members who are opposed TO the prlllII
cipIe OF protection in any form or degree can ana
90 VIA b biII bur no one who favors protective
tarif enacted 10 encourage establish or maintain
any Industry in the United States or who enjoys
Industries he is interested in. can with any con
est difference between profits derived from hSsHeL
prices exacted from TIE public by means OF a nigh
sse amount Of money given direct from the Treas
ury Of the United States to a SPECIFIC INDUSTRY Tor
senct5o- kigh proectfye tarif and enjoy all its
ever proposition TO remedy a National loss and
great existing want and deficiency because It takes
the form Of a subsidy.
The committee recommended the adoption of the
following:
Resolved That this chabeT oter careful Soq
Iris dav made by it's Committee the Harbor and
Shipping. hereto annexed. do heartily approve the
objects sought to be accomplished by bill II. T..
No 81 without expressing an opinion on its details
In the debate on the report Louis Windmuller and
Il ". Peabody spoke in opposition TO the resolu-
ton Mr. Windmuller said he had found subsidies
doing more harm than good. The 100000 il
proposed TO expend subsidies he said. would
enable the Government 20 build six fast ships.
which could be leased to merchants until needed
for Government purposes. repeal of the old
navigation laws, which Ordain American sailors
TO American ships. NJ. Windmuller declared. would
DO build up the merchant marine than
twice the amount referred to expended on sub
sides
Speeches in favor of the bill were made by c. c.
shavne and r B. Thurber. Mr. Shayne said in
part:
To revive shipbuilding this industry must be en-
CouIasef tg me 4iu SlLte -i0
Eay IN ITignts hgnTTGS OF 9ns oI 9oaTS I 10
dant fruit in keeping some Of these millions at
will not only benefit that industry. but will give
employment TO wage earners, consume our own
millions OF dollars that are annually abroad
and within ? short period Of time. with our skilled
industry of our people We shall be able 10 sell
is the with many other articles now manufdCt-
ured In this country which were previously pur-
chased abroad.
The report was adopted. although many members
the meeting voted in the negative
At the suggestion Of Charles Stewart Smith the
Committee Internal Trade and Improvements
was asked to make report the canal question
which Governor Roosevelt has submitted TO the
Legislature Mr.. Smith also called attention to
the Stranahan Taxation bill pending in the
Legislature. and suggested committee of
three be appointed 10 consider and report the
Chamber upon the bill. President Jesup appointed
George F. Seward. Charles s. Fairchild and John
A Foster Higgins submitted report, which
adopted, declaring strongly against the bill now
pending in Congress to transfer the pilotage sys-
TEN OF the United States to the control of the De
partment of Steam Inspection. The Chamber
adopted resolutions IN favor Of keeping the General
Postoffice where II is IN this city. A report
in favor Of q bill to create Department Of Com
merce and Industries in the United States Govern
nent. with Secretary Of Commerce and Indus
tries. who shall have seat in the Cabinet,
approved. Approval given a bill remodel
the Consular Service and 10 resolution fayoring
action by Congress TO have a committee OF business
men investigate and report upon the industrial
ditions in China and Japan.