New-York tribune., 1922-03-01
Abandon ''CostIy Expert,
mcnl,' He Exhorts Con.
gress: Outlines Sugges-
lions for Substitute
SSl25. 900. 400 Fund
For Loans al PIP.
Income Tax Concessions
Advised, Also Subsidy
From Customs Receipts

Advised, Also Subsidy
From Customs Receipts
o. ~ 1r.9saes 'Fos' y:oe ssr-as
WASH'N GTON. Ieb. 28.-Prcsi-
dent r.ne before q joint session
Of the tTo t8ascs e Congress a.
l2:5o today. Delivered & message on
tire Amer'can merchant marine ana
advocated snip subsidy legislation.
He recommended that the govern-
ment nat AZ end 10 IT, "cast'v oxper-
imert" in he shipping 6ssinoss, AID
outlined riae fer Greet and ind
rect cid - aalrpin3 which he bo-
''e-e7 rasa.e il building up
great ,meriean merchant fleet and
assuring tie nat.on a strong second
inc Of naval defense.
presidca. Harding spokc IN the
presence C nearly the entire mem
bership of both house. The gal
ler;es wore crowded and the address
vas lis.oaed TO With close attention
and app,auded q, frequent intervals
Maay evidences were given that i.
~as we'll received.
Bills Promptly Introduced
Senator Jones. chairman Of Conf
mcrce in the Senate. and Repre-
..ativo Greene. chairman Of Nor
eaant Maine ID inc House, intro
Geecd tAe Administration bill fol
loving tae address, and steps were
tste4 - r''- is 4ns.Gr4atior ia
committee a. the earliest practicable
date.
Republican leaders in boil1
branches prcdiesci this afternoon
that tic Administration subsidy
measure would be passed TINS zos-
SION. Senator Jones, head Of the
Senate Commerce Committee, cx-
pressed great confidence Of its pas
sage
Asserting TIA. the Unisod sta.es ros-
sosses "A vast tonnage and i conviction
of failure % oDerate j.. .he President
held that ne limited subsidy program
which lie advocated snoGla be adorted.
He estimated the cost Of tris to 10
about $4,000 4 year a the outset an1
about S50.o0o000 le5er.
Presidents Program in Brief
Features OF INC program proposed by
tho President are:
The sale OF tie ships stlli owned By
the United States Shipping Board.
Establishment of Z ti95-oae 900 'osn
fund rom Which shiobu,.Gers can Dor
VOW mon q; 4. = per cent
Reduction of income ;axcs On ship
ping cornoratl ons equal % > por cent
OF tie .slue &C goods shipped updcf
:hc American Gag. the government g
waive al saca -acome taNes when tie
amount IS % be applied % ha.t The cos
Of new construction.
fstsi ltehMsat 6 regulations prorid
ing that - ner cen, of all imUigrants
, coming 10 America travel or American
ships.
= Estahii ament of a merchant marine
laval reserve composed o. American
in thc merchant selVice.
Goveru,ae trans pottatiou, incluG
ing arla.- and hay, 20 be done N Iner-
chant ships.
Coes.vise shipping laws 10 be q
tended l. include Philippines.
Auta orizatiou Of direct covecn
meut Subsidy. which : 10 DC Withheld
when companies earn more thar =
per cent profit.
The subsidy TGn6 TO be secured iron
70 pcI cent e. customs duties and inte
tins funG. tonnage taxes Of about s.
600 600 .s4iira 4 IN to be paid.
IN general, it Is proposed 20 lihera' -
, merchant marine Ian.
a feature Of the message is
recommendation thai American raj
roads be allowed 10 own shippi = :
lines engaged in other .han coastw 5,
trade.
Farm Bloc support Indicated
! IN spite Of the TACT that talk abou
The Capitol heretofore has been pcssl
mjstic IS 30 TIE prospects Tor :ncrchan
marine logi station Of the nature souEh-
I b. the IRE siGent, there v4s i markc,
cnange of Nier tnis afternoon Son
T. atof Cappor, Of Kansas. cha;lmar e -.
Senate farm bloc, VINO recently de
clafed against subsidy, expressed fi
inc}inatio.. tc-day . suppcrt It. sut
predicted there would be no organize,
action OF tae farm bl5c agains. i.
Much viii depend ou eAe attitude o
the Democrats and of the Republican,
. nom the ayricllru states aa6 on IN,
reaction cf the people ln .ae acrlc.s
tural states to the recon raxnaactons =
the President. IA - message IN
Pres .aent came out IL favor OF the $,
! Lawrence snip canal N connection " Il
development or the nechant marine
: ana This is expected to appeal to tn
1 Central West and Great Lakes state
e for the most Nart.
= Inc President went into details as t
. his program, and the Administratiol
2 bill offered to-day conforms to his mos
{ sage He stressed the fact that tn
I armament conference lessened tn
t naval defense of the nation. He he'll
t 1t necessary that this be made up, il
e part. by strong merchant marine.
I The merchant marine said IN
: PRESIDENT at one point. "is universall
recognized as the second line of usvs
e defense. 1t is indispensable in tim
e OF great national emergency" Til
s message reviewed the government
@ venture into the shinpinc businsax= !,