New-York tribune., 1901-01-26
DEPEW ON SHIPPING BILL.
SUBSIDIES FOR MERCHANT MARINE AID.
vOCATED ON COMMERCIAL AND
PATRIOTIC GROUNDS.
lBY TELEGRAPH TO THE rRIBuxE.l

/ (BY TELEGRAPH TO THE TRIBUNE.l
Washington. Jan. Ex-senator Depew, of New
York. this afternoon made his first elaborate
speech of the present session. 1t was plea for
the passage of the Shipping Subsidy bill on the
grounds OF both patriotic sentiment and sound
National economy. The New-York Senator main
tained that the measure now pending was based
on the soiidest foundation of National interest,
and merely extended to American ocean com
merce the benefits Of that protective policy under
/ which American industry had attained its pres
ent marvellous development. After reviewing
the causes which led to the decline of the Amer
carrying trade and glancing at the various
subsidy systems adopted by other maritime ma
tions to keep their flags afioat. Mr.. Depew took
up and answered the various objections brought
against the pending bill as practical piece Of
legislation. AS a member of the Committee on
Commerce the New-York Senator spoke with
authority all phases of the project for re-
vivifying the American merchant marine, and
his remarks were listened to with evident appre-
citation by an unusually full Senate. Many
members of the House of Representatives had
also come over to hear Mr.. Depew's argument,
which in clearness OF statement and easy grace
OF delivery fully repaid the attention given to it
both on the floor and in the galleries Mr.. De-
pew's speech in part follows:
We have been so absorbed in production that
We have neglected utterly the equally imporIaiint
question if we are to be world it,d poW9T nop te
ocean In other words 0gr deyelopment ana CROWN o
rails lakes, our rivers and cur canals an OUT.
put from every avenue of production when must must
beyond our dreams. without any provision. go far
e6nCerned for its ca2risge y6nd our own Sea
board The farm the factory. and the mine have
and Pacific coasts with their contributions to Ma
tiona wealth empoyment and the nappiRRsyS p R,rone o.
TO Asia. to Africa. to south America and 70
The p:jtsetion Of foreign dags ana to the hazards
OF foreign wars
this iii IS RfSPGSe1 Sea dS' As ships
a qGTdy M 3sse 10 a frr s9D te a 50 the
is reduced to about 81 750,GO year .
hut it lays down universal rules by whieh the eapi
tai ana enterprise Of the Peope can demand al ther
OF vessels but is q. en- upon scale ADJUSTED @ after
tonnage of steamship, to the sailing ships and 70
the fostering and encouragement Of our fisheries
which are the nurseries OF our seamen
OBJECTIONS ANSWERED.
OF the three principal objections raised against
the BIN. the hrst s that the existing lines w.l get
al the money. OF the S9.te00tJ per annum. the
& % 9ens se SYN sbsd THcb m Pa:Tfe Ts ne wse N
edmbned GIne Hsnnc; SGS4e 3 @ d yesr Certainly
The Americans VINO have risked their money and
given their brains and experience 20 this badly
marine osh, NOT 70 be 2 punished FOR their efors
The neXS 5 objection is 10 high speed vessels i is
ment Of american trade with foreign countries; It
people TO yield 70 each other. much less to for
eisners, on question OF speed. II is not poetry
Kaiser Wilhelm DER Crosse II order to. 5sas the
& Gi TO aHG e1cs @ IN H5end 5dd fS TO
pania, or which leads the most prudent OF all in
coasruct steamshps %hoh NAV ss3s # not e 70
Gel. the British ana The German In duickness Of
speed is desired. II IS The gauge by which peoples
judge the maritime skill, genius and enterprise Of
These old maritime nations have discovered. also.
Heci a. ayne IsS saTe atwsSs avai4oIe a!ss
az private expense and promoting the commerce OF
Tne next obtectdn14 4s that the biz does not give
suiheent encouragement 20 the tramp steamer; IN
other woFdsr TO SOW or ten knot or eleven knot
pensaon under this bill 10 the ten knot or eleven
n. HEot steamship over the cost OF operation and
steamer II costs eight times as much 10 run a
Soer fSaST IKE Seh as sp.so It does ten @ knot not
tramp can find business except upon established
IN trade hxed /, is the middle c,sss stesmsr
., Sd L5om fourteen 20 seventeen knots speed which
After The middle class vessel which receives the
this bin has :reaad stS9dy os sn9 EGfss
JTnde T Ses"een & an american and foreign port then
MAJ, All ooa5 s%5s55,. ara ;oE the ehea2, tramp.
onartor - uiue! ul'S OH covers only about
for any Class GO S9s[ .! maintTnance and operation
h9s for ana ssccefd S in ns geins msffuFs +. re sF ngs
its ,oyaee at loss The subsidy works aTio1Ti
ny experience the ccmpersaton rro, e. eo - -
that there Is an undue profit immeia,er, ArosrSy
San capita! puts more shirs in commission ana an
rFjtseS the merchant marine. II cur mercrant ma
amount which appropriated ther jt "a 9eynaS ths
OF the benefciaries compensation to each
II is estimated that there is paid by A,,e-,,.~
al Fast N'oWOCC0 year. Four nar cant S KS
he exnendi.ura -, tL L,e'.,ah merchant marine ard
IN our own country Political eco,ttis ~ ms money
tst!ciars In foreign lands do not hnsito,a ana ~ sta
stand this drain Of $500 to ne w0-d which cou'd
Iarcr ex,c-t re T-r countries and for foreign
re ialstnsuiShed Senator from Maine Mr. r.
hi,it,. 20 me perfection OF this bflI his erset
and az ,n labor n He has dors absou ely uH!esby
ism upon it whether it in tSS 6Se0 r0- crit
on on IN Ei iaI - ~ tJe trIsndT or hostile news9aDers
he press or in letters addressed to the nous to
as teen taFen IN and seriously co0eIGeraS y. @
From a J the information wSioh bsvn h e ioHs
- Eather ! aprrove ~ the bll as II stands b,t ne
!'r as am lHd'Vdual'v 90 1cerred ehaW he S,s
t. heas any arEumert any suggestion oT T siaI s2I
amendment which imnroyes the h'iI or which any ny
"ro7 any Of its provisions Rrt Wa MI NSrr'iCsIn C
wants with her commandnr nnanca cGmmeTS;d MnmToFk
arg lndQstrla! interests what the country nAs5 s'
"nd ne"gs now i merchant marine and " - or1
cir es or this h'l are he only PRACTICAL roetbo9s T.,
not interested as who Of orIr f,'Ia Sc We
gets his money if they earn ii but we are dee
construct shipyards and build and navigate Sn,er,
can ships @N'ie'A-
Little progress was made on the Indian An
preparation hfll to-day The lest hour of ~
Sen9te's session was occupied in passing pri
vate pension bills. Pii-
REGULATING TNTpY or cur,-rcr