Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-12-29

ships, dispatch vessels etc. described In
the accompanying report OF Admiral Dewey
fleet in war
"3. A net addition to our cargo (and
nshery) tonnage of 500. 900 tons, increas-
ing rourfoid the actual ocean shipping of
the United states, and giving US exclusive
or our distinctive lake and coastwise vos-
sells, merchant marine much larger than
the entire merchant fleet of France or Nor
way, nearly twice that of Italy aud fully
twice that of Japan. Such a new merchant
tonnage would enable the United States to
carry under it's own flag not 10 per cent as
now, OF Its own imports and exports, but 30
or ~ per cent, earning for our own coun-
try, instead of 100000 600, from 500 600 600
TO sSo,0O0,O00 a year in freight and pas
eenger receipts
Il. Finally, the creation of ten regular
new or strengthened American steamship
lines to South America, Central America.
Africa and Asia. supplemented by a large
and active fleet of tramp or cargo vessels,
inevitably opening new markets for many
thousands Of additional bales of American
cotton and thousands of tons of grain
hour, provisions and manufactured goods
q total amount of increased trade and in
creased employment for the whole Ameri-
can people impossible to state now in spe-
clio figures, but certainly flftyfold or a
hundredfold the entire cost of the national
subventions."
Estimates of Cost.
The commission has made elaborate es-
Inmates of the cost of the proposed subsi-
dies, as 1t Is certain that the question of
outlay must be taken into account in this
session of economy. The commission
claims that the practical result Of the pro-
posed bill in the first year Of It's operation
will manifestly be to increase the revenue
of the government. The estimate of the
commission for this first year is as follows:
Net increase of revenue from tonnage. 81 300 600
Expenditures:
A. Naval volunteer retainers $3.50 900
B. General subyentions to cargo
O. New mail subventions 49,. 68s 25o
ID, Increased subventions to two
existing mail lines. .......... ACT 900
-- !, ,2S3, ,25C
Net gain TO the treasury ,......... $616, T5O
For the second year under the proposed
bill the commission presents this estimate
OF total revenue and expenditures:
Expenditures:
A. Naval volunteer retaners. .......... $500, ,OOC
B. General subyentions to cargo vessels ,25O, ,0OC
G. Mail subventions to new lines. $50. BOO, ,oOO
D. Increased subventions to two exist
ing mail lines ACKNOWLEDGEMENTS. $4,000
s8,5l7,ooo
Net increase of revenue from tonnage. $4,000
Net cost to the treasury. ..........S1 ,667, ,OOo
The expenditure on mail lines, new and
old, will have reached ts maximum in the
year from July 1, 1908, to June 30, 1909
and will increase no further under the
terms OF the proposed bill.
Therefore the only increased expendi-
ture under this bill beyond the fourth
year, from July 1. 1909, to June 80 1910.
will be the general subventions to cargo
vessels. The estimate of the cost of this
bill in the fourth year is as follows:
EXPENDITURES.
A. Naval volunteer retatners $500 900
B. General subventions to cargo vessels. 2 $50 900
@. Mail subventions lines. ...... 2 665, 900
d. Increased subventions to two exist
tng mail lines Observation-Disclosures. 467, 900
IS, $50, 600
Net increase of revenue from tonnage :. J. coo 900
Net cost to the treasury. ,2s2, 900
Cost the Tenth Year.
An increase of $500, 600 year In the
general subventtons to cargo vessels, to-
gether with a gradual lessening of the
increased revenue from tonnage. due to
a Ia ci caf