The daily morning journal and courier. [volume] (New Haven, Conn.) 1894-1907, 1902-05-02
SHIP TRUST IN COMMONS.

Continued from First Page)
! admiralty, Russell Rea radcaD, ship
owner and merchant, moved the adj
journmeht of the House in order to dis
public Importance.
few members having spoken of the
very great anxiety experienced
throughout the country as a result of
the formation of combination of such
strength and character as the Aneri-
can shipping syndicate, Mr.. Balfour
expressed the hope that the debate
would be closed. He appreciated the
Importance of the subject, and the de-
sire of the members to discuss it, but
no useful purpose could be served by
debate now. The government had
been privately informed regarding the
actions of private individuals, and it
was giving the matter anxious consid-
GRAFTON, but if it disclosed this infor-
nation, it would shut the door to fur
Their condolences. The government
would be bound to make such arrange
ments with regard to the navy as the
proposed changes might necessitate;
but, regarding the effect of the combin-
alton of British maritime interests. and
what should be done to meet it, no an
nouncement of its policy could be made
except after prolonged and anxious
consideration of the complicated prob
lem. Under the present arrangements,
the subsidized ships remain in the SER
vice of the admiralty for another two
no would he
much blamable it, in the interim, it
could not either negotiate continu-
ance of the existing arrangements, or
make others equally serviceable to the
admiralty and the country.
In the meanwhile, the government did
not propose, on the spur of the moment,
to announce any departure from the
traditional policy of not interfering
with the freedom of commerce. The
ministers would be charlatans if they
did anything OF the kind. 1t was nee
essary most carefully and thoroughly
to sift the whole matter, from a COM
mercial point of view.
1t must be remembered that this was
not commercial enterprise engineered
by a foreign and hostile government,
but trade combination. Those who
thought the combination so menaced
the commerce of this country that the
government should interfere were adj
hitting, whether they liked 1t or not,
that the doctrine of individual enter
prise had broken down.
James Bryce QiberaD advocated the
withdrawal of the motion but he urged
the government to make a prompt In
quiry into the subject.
A few members having spoken of the
very great anxiety experienced
throughout the country as result OF
the formation of combination of such
strength and character as the American
shipping syndicate, A. J. Balfour ex-
pressed the hope that the debate would
be closed. He quite appreciated the
Importance of the subject and the de-
sire of the members to discuss it, But
no useful purpose could be served by
debate now. The government had been
privately Informed regarding the ac-
tons of private individuals, and it was
giving the matter anxious considera-
ton, but If it disclosed this information
it would shut the door to further conf
dences. The government would he
bound to make such arrangements with
regard to the navy as the proposed
changes might necessitate: but regard
ing the effect of the combinat ton on
British maritime interests, and what
ment of its policy could be made except