Washington sentinel., 1901-03-16
Ler sENAroR FRYE ExPLAIN.
The Two Million Dollar Limit
Amendment.


The Two million Dollar Limit
Amendment.
The much vaunted amendment to
the senate ship subsidy bill purporting
TO limit speed compensation (see bill
as reported by NIr. Frye to the senate
page 6. lines 1922 is a grotesque sham.
1t reads:
"Of which nine millions Of dollars net more
than two millions Of dollars shall, ln respect .i
any one fiscal year, be paid as ..uIgnsi.-ah 10
the vessels described in paragraphs eighth anu
ninth Of clause Of this section.
The paragraphs thus affected are
those which provide for subsidy to
ships Of speed as follows.
,Firbth.-Twenty knots and less than n knots.
ssNintn.-Tweuty-OUe knots OF oVcr.'
From the report lately made for 1900
bv the United States commissioner Of
navigation we find that Of United
States steamers of 20 knots speed or
over there are just four in existence
the New York, the Paris, the 81. LOUIS
and the st. Paul-all of them owned py
the International Navigation company
the Standard Oil and Pennsylvania
railroad concern, of which Mi Grlscom
is PRESIDENT.
BY the same report the commissioner
gave a list Of foreign steamers that
might come IN under the subsidy Bill
OF these not a single one was aooY,
Is knots speed; hence none Of them
comes under the eighth and ninth para
graphs Of clause b i'm question
Moreover, in his report as To- ship'
under construction abroad for Ameri
can capital. Commissioner Chamber
lain shows not a single one Of thes'
as over II knots speed; hence none o
these comes within paragraphs eight
and ninth of clause b in question
Again, the commissioner Of unyigl
ton reports as TO the vessels intended
for foreign trade under construction
--vvv-~r-'~as- -orovcFz Is kf, Ttates ah'P
therefore none of lt woulultQl slh=l
paragraphs eighth and ninth of claDse
in questiqp.
Finally, On behalf Of the promoters
OF this bill, Mr.. Clyde testified Ian tO
100 lsee House Hearings Of that date.
page 3B:
We know from inquiries we have mad. ,s FL,
What ships win be built If this bin f= r4sf trt
- ol I-s vessels contemplated win Dc vessels n
knots '----."- IL
TOO slow to come under paragrapbs
eighth and ninth In clause b.
10 sum up, the New York. the Paris
the St Paul and the St. Louis. All
owned by the international Naviga-
uon company, are the only vessels
either in existence or building or CON.
tracted for or probably to be contract.
ed Tor, should this measure becoma ,
law, that are on VIII come under nara.
graphs eighth and ninth Of clause b.
Ihe true reading Of the Amendment
reported by Senator Frye therefore .s.
'Of which nine millions Of dollar, DO, ....,
MdN INo millions OF dollars .sa. .l0rn... .E. o.
W respect Of any one fsr1I resr be- rr.. ~
compensation 20 the international yrrsr1a5a
coWp1Ny tH respect OF its four g.yf st.srIers
y. S,' 2ee l9'h. The Paris, he st. P1yya and the
since the highest estimatL by critics
or the amount which thee four ships
could get under the Bdl as # orig
lnaIly stood was les than $1,000
VOo Senator Frye ought Co explain
why the sum named was so liberallv
calculated and how the amendment ]
tends to limit the stuUaudous lob I
which, in behalf Of his great Dassap- I
ger steamers, lIr. Glscom. through
Senator Frye, is pushing under the
pretense that he is working i'm aid Of {
American exports. @