The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1907-08-29
SENATOR STONE IS
FOR SHIP SUBSIDY
FORMER GOVERNOR. NOW sENA-
TOR. or MISSOURI, WANTS All
ERICAN STEAMERS AIDED

ERICAN STEAMERS AIDED
The following is from an interview
with Senator stone of Missouri, form
er governor who passed through here
on the Hongkong Maru, in Trans
Pacific Trade:
TO secure the American market Ton
Americans | want.
"First-A tariff commission to re-
wise the present tariff, with the view
to protect American industry and leave
door open for more general exchange
of commodities by equitable recipro-
city treaties.
'Second-A subsidized merchant
marine for export to South America,
Australia, Japan and China. England,
Germany and France substitute their
steamship lines, and America pays to
these nations several hundred millions
Of dollars for freight and carrying OF
mails every year; and, aside from this
America has to ship to the above Coun-
tries by way of Europe / am aware
that the leaders of labor unions are
opposed to substituting but / do not
understand why, as certainly 80 per
cent of the price of every article manu-
featured in this country is paid for la
Dor, 80 per cent for raw material and
Is per cent for profit The latter is
uncertain, and may be less, because OF
the uncertainty of labor conditions.
"Third-America should have a free
port of entry, and this should be at
the east end of Long Island, where raw
material would enter free of duty, to
be manufactured for export This was
the idea of the late Austin Corbin, and
it should be brought about in connec-
ton with the contemplated Pennsylva-
mia railroad and ocean terminal.
About a year ago l visited the free
port at Hamburg, Germany, where
found a large city, composed wholly OF
bonded warehouses and manufacturing
establishments, and the encroachment
which Germany is making on the Eng
fish export trade may be attributed
largely to her free ports of entry.
"The next important need of Ameri-
ca-one which should be provided-is
a good banking system, and to NEE,
this I would point to the plan advanc-
ed by Mr.. Roberts, namely, the estab.
fishing of an American bank when IN
roc ngsf1 ~ 81, l.
Bank of England This will aid this
country greatly in it's export trade. as
then exchange would be issued on this
American bank instead Of on London
and certainly the American unit OF
money is much superior to that OF
England.
Il visited England and Germany a
year ago and found that skilled ar
tisans are paid about three times as
much in America as in Europe. We
are told that the laborer is lust as
well off in France, everything beins
cheaper, but this is not the fact. The
European mechanic is able to supply |
himself with the actual necessities OF
life only, and if the American mechan- !
ic will be satisfied with these he will |
accumulate handsome savings. and he
does, as the savings banks will attest
| am in favor of high wages, and |
want a tariff which will warrant the
paying of high wages. l frequently
see in the press the statement that our
American artisans are much smarter
than the European, and our machin-
cry is much superior. But who are
our American mechanics but English
men, Germans and Frenchmen or their
descendants? The climate in America
Is not so bracing that the foreigner
arriving on this continent is able to
produce greater results, but the re-
verse is the case. 1t is true that we
In America are great at inventing la
Dor saving machinery, but how long is
it before Europe has this same or i'm
proved machinery"
oSk