The Leon reporter. (Leon, Iowa) 1887-1930, 1901-02-28

Outside of these companies, receiving
in all about $2,000,O 600, there are nine
more whose vessels would be eligible to
a share in full subsidy, but who must be
content with a meager 100000 divided
up among them. More than half even
Of this sum goes to one concern, the Pa
cific Coast company, which has already
enjoyed an exceptional amount of gov
ernmental fayOrs in connection with
transfer service to the Philippines.
OF foreign built ships which are to
receive only one half subsidy the Inter
5national Navigation company is estis
mated to claim only d modest $3.50 900.
added to the subsidy on It's express
steamers as noted above, but the Stand
ard Oil interest In Its ownership has
quite little fleet Of vessels Of its own
which, unless excluded by the tank OIL
amendment introduced in the senate.
will probably come in for an additional
$780, 600, while the Atlantic Transport
company, whose affiliations have been
growing closer through Pennsylvania
railroad shareholdings, is set down for
q $685., 600 plum in the pie. Still anoth-
er railroad interest, the Chesapeake
and Ohio, will have a right to demand
$1O2, 900 on its boats, but search out
side Of this little family party does not
reveal enough American owners to en-
joy as much all told as the smallest of
The interests just enumerated.
That there may be changes in the fu-
ture cannot Of course be disputed, but
these must come slowly for outside in
terests that had not been laying their
planstsin advance as had the group
which have prepared and are backing
the bill. That these latter gentlemen
have not been anxious to pose as fool
isb virgins may be discovered on look
ing up the position Of affairs as to yes
sells now under construction in the va
rious shipyards. On the Pacific waters
the leading interest next to the Pacific
Mail and Pacific Coast companies hasal-
ways been that Of the Spreckels sug-
ar monopolis ts. Like the Pacific Coast
companies, they have been engorging {,
particularly large meal Of government
pap in transport service, and this may
have rendered them little sluggish at
getting into the pool, but they. are just
! putting some new boats into operation
from which they expect to draw $212.-
600 subsidy annually, about fifth OF
their value something, at least to keep
the wolf from the door.
In the way Of looking to the future,
however, no one can accuse the Inter.
national Navigation company with be
ing improvident, and we accordingly
/ find among the owners Of vessels undel
construction entitled to subsidy they
again lead the list with about $46S, ,OO(
4 prospective benefits to their credit
while the Pacific Mail are close or
their heels here, as they look for $4S3,
600 additional when they get their new
boats. Curiously enough, the Ware
people have only 1885, 600 subsidy ca
pacity underway, the smallest Of any
Of the leading conspirators, although
for requirements Of trade proper W.
might expect them to be ut the head
LAS number Of their vessels are grow
ling old, and theirs is notably the mos
prosperous Of all our transportation
companies. with the exception Of th'
d Mallory line, who are honorably dis
tinguished, by the way, in practica
absence from the list Of subsidy bene
s ficiaries.
Still another classification under thi
inquiry Is that Of vessels building
abroad, and here we find that the ubiq
uitous International company wit
+! $S97, 600 in sight and the Atlantt
Transport with $4,000 are the onl,
ones that seem to have improved tn
shining hour, but as those two vii
have nine times as much coming T
them from this source as all outsid
interests they are readily seen to hay
nobly kept up the average.
81 Summarizing the situation, It woul
ss1sppear that Of subsidy benefits tha
Z can now be calculated upon the Intel
I national company would have abou
$4,000 900 annually; the Ward intel
ests. STD 600; Atlantic Transper