The Providence news. (Providence [R.I.]) 1891-1906, 1902-03-13

washington, March 13.-Yesterday again
caliy the entire time of the senate. Mr..
Mccumbcr On. d. presented carefully
prepared argument in which ss repre-
sentative of an agricultural state he IA
vored the bill on the ground of its protec-
tive features.
Mr.. Depew On. ". one Of the men,
bers OF the committee on commerce. de-
liyered an elaborate speech. In which ne
analyxed the arguments both for and
against the position TO pay subsidies TO
the shipping industry. Both as an argu-
ment and as an oratorical effort the
speech was brilliant, and was listened 10
attentively by senators and by throngs
in the galleries.
A few bills were passed. including one
providing Cor the redemption of Ha-
waiian silver coins and the substitution
therefor OF American silver coins.
A resolution by Mr.. Spooner was
adopted directing the secretary of the
treasury 10 report TO the senate the eN-
tent to which the mail pay provided Tor
by the present Ship Subsidy bill increases
the mail pay now authorized by law ana
also whether they arc moro or less In
effect than the subsidy rates provided by
the Subsidy bill OF 1899.
Mr.. Depew then addressed the senate
IN favor of the bill.
1--WE are looking forward 10 that posi-
tion which we are entitled to as world
power" said Mr.. Depew, but as a matter
OF fact we are crippled because we cam
not open the communications which are
necessary to accomplish that commercial
result without the active assistance of
the subsidized ships of our rivals In busi-
ness"
He presented figures 10 show that the
arguments of the opponents OF the bill
as TO the prosperity of American ship
wards were not well founded. He declared
that vessels aggregating 5000 tons had
been constructed in American shipyards
for the foreign trade during the past
ten years, while in Great Britain during
one year--the last year available I'm sta
tistics-i.5oooo0 tons of ships had been
constructed
He suggested that the difference be-
tween these figures was 80 extraordinary
that the opposition senators ought 20
paste them up In the committee rooms
MS constant reminder OF the decline of
the American merchant marine.
Give US the means, said Mr. Depew
'by which American ships may be run
nnder theAmerican flag and then we viii
build the ships in competition with for
eign fhipyards."
The New York senator said that he did
not know whether J. Pierpont Morgan had
purchased the Leyland line of ships or
not. but n he had IL was because the line
could be operated az a profit
lie dld not know anything concerning
the statement that Mr. Morgan had ex-
pressed no intention OF bringing the Nes-
sells under the American flag and giving
them an American register. Mr.. Morgan
and those whom he represented. said Mr..
Depew. were acute business men. II they
could AFFORD 20 ny the American nag over
their vessels they would do 40. but they
could not be expected 20 ny the American
rag when by so doing fhey would bc
forced to run their ships at loss.
During the past decade MIR. Depew said.
s2So, 900 had been invested by Ameri-
can capitalists In manufacturing indus
tries Vast sums had been invested In
railroads and mines.
Mr.. Depew referred 20 the subsidies
paid by Great Britain. Germany and
France "a having contributed largely 20
the extension OF .he merchant marine OF
those nations
zone OF the most enlightened and pro-
gresslvc rulers of the old world" said
he. 'fs tho present Emperor OF Germany.
Within the last ten years nc has brought
Germany 10 practically unanimous sup
port Of. subsidies by which the German
merchant marine has rapidly overtaken
that of Great Britain"
No dissenting voice was ever heard now
among the German leaders against ths
value OF these subsidies he said Ger.
many was commercially independent for
now wherever the German merchant went
ne was followed by the German subsi.
died male and merchant vessels. This
policy Mr. Depew hoped 20 see this coun.
try adopt
III we had on the ocean," said he. "ar
adequate merchant marine. ~ f. dlffcui'
40 picture the bcneat 70 American labor