New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1902-03-13
SUBSIDIES ADVOCATED
SENATORS DEPEW AND NTCTNprn
SPEAK on THE SHIPPING BILL

Washington. March 2-Asain to-day the sbi,
Subsidy bill occupied practically the entire tim. -
the Senate. Mr.. McCumber, OF North Dakota n-o
scented a carefully prepared argument in vbicb -
favored the bill the ground of its protsr,,~s
features
Mr.. Depew. Of Nev-York a member OF the C,--
mittee on Commerce. delivered ar elaborate spasch
In wh'2h he analysed the arguments To- a.
against the bill Both as an argument and a. -
oTatorical effort the speech was brilliant and -
listened TO attentively by the Senator's ana tn
throngs IN the galleries. His peroraton in which
ne pictured the results Of the opera ton OF the hul
drew hearty applause from the galleries
Mr.. McCumber said he represented an asrfo,-
uraI state, interested only indirectly in the shin
ping industry. but he favored the passage OF ~.
bill, because he believed lis results would b. No.
1cia not only 20 his constituents but 10 the n.,.s
of the entire country. He maintained that II ror,.
be just as proper to remove The protective ta1~
duties from articles produced in this country AS,
would be to refuse TO offer 70 the Shipping fn5,-
try the protection afforded by this bill Win tba
subsidy provided by the bill he thought thai IN th
course OF fifteen years the United States would n
able to compete with the world in the shipbuiIdtrs
industry. What the agricUIturtsts of the Wsst sDS
North most desired to-day was an ooening n tba
PaCific-the OrentaI-trade. He believed -hat a.
operation Of the pending bill would give them tb.4
opening. In conclusion Mr.. NcCum5er charsetsr-
lied the bill as right step toward ressinfue our
lost prestige on the seas
resolution offered by Mr.. Spocner was ad,Dtsd
directing the Secretary Of the Treasury To rsnort
TO the Senate the extent to which the roau ns,-
provided for by the Ship Subsidy oil increases m.
mail pay now authorized by law. and also whether
it will he more or less in effect than the rates pro-
vtded by the subsidy bill Of lS99
SENATOR DEPEW'S SPEECH.
Mr. Depew said that Senators had criticised n,
bill. but Of them had submitted any plan nv
which we could have mail service which would bA
equal to that of Great Britain, Germany or France
We are he maintained contributing millions o.
dollars annually TO increase stiu further the mail
facilities and enlarge the merchant MARINES Of
these competing countries thus placing further OF
the distance which the American merchant marina
must traverse before It be equal that Of the
countries named we are looking forward TO that
position which are entitled 70 as a world
power" he said, but as matter OF fact ars
crippled because cannot open the cOmmUnica-
tons which are necessary TO accomplish that COM
merciaI result without the active assistance Of the
subsidized ships OF our rivals in business. II
curious fact that while our friends The enemy
referring to the Democratic SenatorS-"are so sen
sitive about the expenditure Of S20000E year to
perfect our mail service places where hope 10
have commerce. they vote for the carrying OF mail
on profitable mail lines in the domestic service
He presented figures 10 show that the arguments
Of the opponents Of the bill the prosperity OF
American shipyards were not we'll founded He de-
clared that vessels aggregating S,00 tons had been
constructed in American shipyards for the foreign
in one year-the last year available in statistics
100000 tons OF ships had been constructed The
difference between these figures 50 extraordi-
nary that the opposition Senators ought 20 paste
them up in their committee rooms as a constant
mlnder Of the decline Of the American merchant
marine.
Mr.. Bacon Of Georgia. suggested that in order
to be fair and accurate the figures OF the Amer-
can construction ought 20 include the vessels built
for the coastwise trade. These figures Mr.. pepew
add mat rail
TO the total.
TAMMANY's NEW LEADER
Referring incidentally 70 the present situation in
New-York. Mr. Depew said one OF the greatest
handicaps the national Democracy had been
Tammany. He said great hopes had been built on
the fact that a brilliant and cultivated gentleman
had recently been placed at the head OF tne Tam
American shipbuilder. Mr.. Depew then quoted
from paper read by Mr.. Nixon before the recent
annual meeting OF an association of naval archi-
tects, in the course Of which he had said that
several hundred merchant ships every year this
country would be able 10 compete with tore!s1
the United States would be unable 10 compete sue
..C;iye us the means said Mr. Depew by which
American ships may be run under the American
ton with foreign shipyards.
He did not know. he said. whether J Fierpon'
but If he had il was because the line could %
operated at a profit He Cid not Sn0T aay1- 51S
expressed intention OF bringing The vessels
can register Mr. Morgan and those whom h
represented acute business men II they could
they would do so. but they could not be expected
10 hy the American flag when ny so doing they
In the last decade, AIR. Depew said, SSSaeac0
facurfng industries. Vast sums had been invested
in railroads ana mines Similar immense sums
had not gone into American shipplrg. because hg-
ures could not be produced which would STOW me
investor that he could get his money back not TO
mention fair return on his investment
SUBSIDIES PAID ABROAD.
He referred to the subsidies paid by Great Brit
ain. Germany and France as having contributes
largely to the extension OF the merchant marine
Of those nations One CT the most enlightened
and progressive rulers OF the Old World said he.
is the present Emperor Of Germany Within ,. the
ucaly a unanimous support OF subsidies oy WHICH
taken that of Great Britain No dissenting Toics
now was ever heard among the German leaders
was commercially independent. for now wherever
the German merchant went he was followed oy
That enlghtened policy Mr.. pepew hoped 70 see
said he IAN adeouste merchant marine it is dim
cult TO picture the beneht to American labor wnich
would accrue from the employment OF our 500;
900 900 of trade balance in our own industries and
Within five years said Mr.. Depew IN con-
clusion, IF the expectations OF this bill are re-
Allied then for o this eomPaTayey , small , e1Psn,
ships are scarcely seen in foreign ports vii pc re-
moved Then. again, the American mas
over American steam and sailing vessels. VIII os
seen in every port OF the world. then, with the
American flag and American skipper will come
the American commercial agent end the American
financial exchanges. and We can have the methods
for that competition in which believe We should
be more successful than any other nation, puI
which is yet only dream and Z hope
a few oils were passed. including one provtd-
ing for the redemption Of Hawaiian silver coins
and the substitution therefor OF American silver
coins.
AN INVITATION TO FRANCE.
Washington, March Fin the Senate to-day Mr.