The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1914-08-24
LEADERS WILL ASK RULE
T0FAG'1G Wln RISK BILL.
Leader Underwood Predict. ln,ur-
ance Measure Will Be Enacted
To-Day.
II EMERGENCY LEGISLATION
President Wilson Signs Ship Regis
try Act-Ciarlle and Alexander
Pushing $1,000. GOO United States
Controlled Merchant Fleet.
: EMERGENCY LEGISLATION

WASHINGTON. August .2-With the
prediction by Majority Leader Under
wood that the war risk bill will pass
the House without further delay. a con-
eentra'ed sffor, is To be made to force
through rule tomorrow under which
the Alexander war risk bill Will be
privileged matter
II the Rules Committee can he
brought together tomorrow and . rule
can he drafted with sufficient strength
I" hold the weight the Republicans in
tend to put on it, then Tomorrow af-
ternoon may sec the war risk bill viz
tually Law
The measure would establish bu.
reau Of war risk Insurance i'm the
Treasury Department ana appropriate
[5,o0o."oo for losses incurred by veg
sels Of american registry through haz-
ards OF war.
Further emergency legislation for the
ber"ht of shipping conditions includes
ihc proposed plan to. government
owned or controlled ship lines Senator
Clarke. Of Arkans chairman OF The
Commerce Committee. and Representa-
tive Alexander, chairman OF the Mer-
chant Marine Committee of ;he House,
are cnSascd in cmbodyine adnIinistra-
ton ideas on this subject III "A bill to
he introduced this week
CREATION OF CORPORATION
WITH Sio,OG0,UG0 CAPITAL
The bill provides for the creation OF
a corporation with II per cent of its
stock held by the government. to one
rate ships III foreign service to carry
American products. The corporation
would he capitalized at $4,000, 900
Authority for thc government to pur-
chase North German Lloyd and Ham
burg American liners Is proposed.
without limit. in q joint resolution in
PRODUCED yesterday by Representative
Is ~ ken
ton declares that for the purpose of
encouraging ANA maintaining the for
eign commerce of the United states the
Secretary OF Commerce is authorized
10 purchase from the North German
Lloyd and Hamburg American steam
ship companies such vessels as in his
Judgment are suitable for the encour-
agement and maintenance cf the for
eign commerce of the United States
For carrying out the foregoing pur-
poses the resolution reads, there is
appropriated, out of any moneys in
the treasury not otherwise appropri-
ated, SO much as may be necessary"
The resolution, which was referred
to the Merchant Marine Committee. in
all probability will lie amended to fix
maximum appropriations If II is re-
ported back 10 the House.
EMERGENCY SHIPPING BILL
SIGNED ~ PRESIDENT
''S ''Hti ItH'N SilpPllt1 Dlll autnOr-
iZinS the admission of foreign built
ships TO American registry was signed
yesterday by President Wilson
Regulations under the new law AL
ready are in course of preparation bv
the Bureau of Navigation. 1t Is csti-
mated that fully 100 vessels will seek
American register. but formal applica
tions arc not expected until the Pres
ident has decided whether or not to
suspend sections of the navigation laws.
as he is authorized to do These refer
to the nationality of watch officers and
measurement and inspection OF ships
for register by United States officials
The Commissioner OF Navigation is
preparing recommendations for the
President.