The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1915-11-16
TnE VIEWS or AN ExrERr.

"
noted economist and o
nanciai expert. has an.
nounced himself an ardent sup.
porter Of Secretary NvAdoo's plan Tor
the construction Of a naval auxiliary
merchant marine for the United
Estates. He states tina as the result
OF two trips to South America for the
purpose Of studying business opportu-
mites Tor North Americans there. he
has been converted TO the idea that
only through a ACKNOWLEDGEMENT
line of ships can the problem OF build
ing up our trade in that part Of the
World be solved.
Al the same time. he points out. a
merchant marine such as the new
shipping bin provides will offer the
lonly possible means OF breaking up.
the foreign shipping pool which at.
present has our manufacturers in It's.
grip" He would use go .ernment
ships to do what privately owned
lines cannot afford to do-break
down the e%xtortionatc transatlantic
rates by threat OF competition.
Until recently says Mr.. BaDson.
4 have been opposed Il government
ownership in general. and especially
as applied TO shipping. Brought up
in Gloucester. Of. a family interested
In shipping and banking. / looked
with hostility upon a 'paternalistlo
policy in shipping affairs. But the
only side Of the case hat had been
presented to me was the condition Of
shipping between this country and 4,
Europe.
Two years ago l went to south
America for the FIRST time. and 1 saw
tina, conditions there were entirely
different. one year ago I went again
taking d route through the Panama.
canal down the west coast to the
Straits OF Magellan and up the entire
east coast. I came back an ardent
supporter OF the McAdoo plan for a
government-owned merchant marine.
The great difficulty with the peo-
pie today in speaking Of government
ownership Is hat they think only OF
shipping between here and Europe.
where lines are already established.
Now, ite function OF tho government
Is NOT 20 do what people are doing.
TO help them to do IL. The gov
eminent should bear the same reIa-
tion TO a nation that a father bears
to his home. A luther does not do
a boy what the boy can do for
himself. but he does a great many
things for the boy in his teens In Or
der to prepare him to do II for him
self later.
"Our relations with South AmerlcaI
az present are just the same as the
relations between a farmers boy who
has a garden. and The distant city.
To give the boy a start the farmer
provides transportation to market tori
boys goods: otherwise the boy
would have to give up the garden
II is all-important that our m~onufac-
turers be aided In getting our goods
10 this market.
Now the Question-why not subsi-
"The answer Is very simple. The
subsidy is d fine thing provided wei
be the only country to give subj
sides. The reason that England
Germany and other countries have
used subsidies 10 such advantage h.
that they we're a unit and alone ln
tine field. Moreover. now that they
already so well ln~tronched. l
would take $1,000 o. 900 and, a Tnor-
OF time for us 10 secure q foot-
Ing by their methods. As fast as vel
a subsidy they would add q sim.
iiar amount 20 their present subsidy
and they would continue 20 be Just sol
much ahead OF uR.
"~comReuuon in SUBSIDIES Is the
a. competition In armamentr.
az the conclusion both sides bear incl
relation 10 each other as theyl
al the first. but both are greatly
burdened with both debt ana corrup