New-York tribune., 1922-12-09
|,yised Ship
s,bsidy Bill to
Suate To-day
.,,u,e for Ma d d g n
''.'"dmcni ''a'i Inserted by
''mmiilee and Accept
Y l'''''i Chairman Lasker
100000 Is Set
exemption and Trust e
90 .aIT Features Ouii U. 5 5.
p,risiry Gu. TO 81 r. T.
- TrhnEf

..t..-irt % I've
f'''sal '''nS ~ nee. s.-The Senate
lIsn ... comnitiee rIasss',be ne ship
i'sssisss =, eonsi3srssion o. s srd viii
~ y n, S'a Me afternoon arc. ano T to'
ssiJ elll W, ',-s 70 she senate 70.
s,srs tie ., p,s.i,v's approval viii be gwen
sAe somT','' 'Sv according % 'ns ,.p p'es- eS
-srror nloLD''Ws % Wsen the ecmni,t,s1e W. ,,'.o "u
4 proSrsn' ~, afternoon il had TWO
',sss ~, relatively minor ,,.'nsl n-..,l vote
ss..s '...' a before taxing .
: report ,.,.. .u,sd re Madden
The eomniit'sse ussse which would
lIshss, :,s ,ssrusl sppfsp''.'..n.,, ~. :, ,o,n;se
80, Is.s,'' snd adopted = t,eS nrovi5ce
TIE wills a-s-;s,rss a'.;,orss shall be made
.ihst 70 sa.-lssi narine fund be
frou ne ,;rrrsssed compensation
ezpss q W ~ lerms OF paragraph
Z .fse'ss s s..,'ss sss 10 ercepf out Of appro-
1, 49,, q - rs5s annually therefrom by
Tse met Of this is 20 prevent in
....ss etnpenntion after a contract
7. 80 fcr eonpensation, except with
,,srud o. Congress.
Lssker Gives Consent
e.,;mss Lasker OF the Shipping
- ihoueh H. preferred this amend
-, ,horld net be put in and wanted
<. HseSen Anendment knocked out
v.,osl any compromise, finally con-
,.-as % h. In commenting on IL
,.'lgrire he meeting Of the committee
10 rsniag he declared the proposed
v-yrsniis might be more objection
" % ln7estors than the original and
.lN /. -eamouflaGe instead Of the
r,f epfnness Of the original"
4 skt sfternoon he appeared before
4, ssnniltee and discussed the Mad.
=, ,nsndment aud the Willis compro.
=. On leaving the committee room
!, isiiztcd he had not understood
n rfutcscd compromise and would
u &jees 10 II. Senator Jones opposed
y wills compromise, but did not per
= d his objection.
T,s original plan Of Senator Jones
4 r,,ors The bin as e came from the
yrn vas departed from materially.
~ rozmitsee made number Of
ai1g,i.
sss.0OoOOO Limit Set
\. amount Of compensation in any
- rear vas limited TO $4,000, 900.
ans provided no contract should ex-
~ more than fifteen years, as against
frssen in the bin as IL came from
as House. The entire tax exemption
yssisi6ns 10 Section 2Oi ana Section
q we're stricken out. These arc un-
i,i Toe heading, Exemptions to vessel
rtuey.'
The iust iuta provisions were elm
irated. The sounittee put in a pro-
vision vhieh Ne Housc cut out, max
irg aetoun.s ssb)stito the general ac-
toarttf oeee
Az snthfne1i was adopted under
a, setiion relating 20 ownership o.
'aiels hy citizens Of the United States.
ehahglsg from rs per cent 20 90 per
ttps 2, percentage OF vessels regis
''itt Si1if United States laws as a
i.si'snsni for compensation. Under
" irciil Compensation earned after
hi', ysin could not be paid any yes
e eFi,f uhless at least Is per cent
o as 'sal gross tonnage owned by
'lA vessel owncr-or for which such
'Fifr asis as agents composed OF
,akis ftcsiered under the laws OF
y, vniiea States. The committee pro-
~. iAai 10 application for a contract
40 Be denied except after public