The Washington times., 1922-07-29
SHIP SUBSIDY
NEEDED To GIVE
PLACE IN TRADE
Head Of Bureau Assigns "Ten
Good Reasons" for Speed
ing Measure.
BY Universal Service.

The Congressional Record today
carries to the country "ten good
reasons for the ship subsidy" pre-
pared by c. A. McAllister, vice presi-
dent Of the American Bureau of
shipping. and inserted In the Rec.
ord by Senator Ransdell of Louisi-
ana. The ten good reasons" fol-
low:
i. World conditions now make
.ne sale OF goods in competitive for
eign markets more difficult than
ever. The American farmer, miner,
merchant, and mechanic cannot
compete in selling their excess prod.
ucts abroad unless we have our
own delivery system, owned and
operated by Americans.
A merchant marine is as es-
sential for the national defense as
the navy itself. Without this Gov
ernment help we will have no mer-
chant marine hence our means of
national defense would be crippled
one.half. The cost of the entire
subsidy will be less each year than
the cost of building one modern bat.
tleship.
OPShN NAOh ENW fTOIHdDIe.
o. We have by sale of Liberty
oonds during the war raised and in.
vested over $4,000, 900 900 in mer-
chant ships. Without this subsidy
shese vessels cannot be operated at
proiu to private owners. Hence,
.ney cannot be sold, and we face
the loss of nearly the entire amount
invested. BY making shin opera.
IONS profitable in private nwner-
snip the ships can be sold for at
Ieast $6OO'00o.000. an amount far in
eAcess OF the ten years total sub.
sluy. The taxpayer will thereby
eventually have his taxes reduced.
instead OF increased.
Inc operation of ships under
the present Government manage.
ment has vastly increased our for
elgn trade. 1t is, however, costing
1ne o taxpayers directly over $5O, 600,
wv per year to make up the losses
vi government operation This
hounL ~ VIII be saved almost In toto,
piaclns these ships In private
hanus oy means OF the subsidy
IS. Heretofore we have been nav.
ing an average of S3Oo oon 09o
annually for freight and Insurance
10 foreigners for carrying our goods.
this vast amount can mostly be kent
IN our borders through the means of
the subsidy act. In other words.
considering shipping alone, an in.
Vestment Of 81 by the Government
Will keep $40 at home.
b. The creation Of a permanent
and efficient merchant marine by
means Of the subsidy act will furnish
additional employment to over 1OO,-
900 Americans on board ship, In the
An1nVArdG 40 ST A.
mines, and In the many other indus.
tries which are necessary to build
and operate. ships for the foreign
trade. Every man thus employed
must be we'll fed, and the American
farmer will be benefited by raising
and selling the food to them and
their families.
"7. The history OF the past is the
best guide for the future. No nation
in the worlds history has been truly
great without owning and operating
Its own naval and merchant vessels.
We all aim to make the United
States the greatest nation upon
which the sun has ever shone. This
cannot be done unless we encourage
our merchant marine.
Under Alien Flags.
"S. We Americans have the money
9nu lhC lOl lTdNtl
Heretofore we have had to be humili-
ated by travelling everywhere abroad
under alien flags, and seldom, II
ever, seeing our flag displayed on
the ocean. Our national pride need
no longer be offended, as the passage
of this. bill will place and keep Old
Glory on the seas. A citizen without
national pride is undesirable and
unworthy, is a disgrace to himself
and to his country.
80. without this encouragement
to our merchant marine we will
build no more ships. We have by
international agreement already
stopped the building Of fighting YES
sells. Hence, without any work to
do, shipbuilding facilities Of this ma
kion will be helpless both for com
smerce and for self-defense-an emas-
culated giant in the family Of nations.
40. Our rivals for the worlds
trade view with great alarm the
prospects of the passage of this BILL
and their emissaries, masquerading
An many instances as patriotic citi-
rens, are spreading insidious propa-
randa and doing their utmost TO
defeat the measure. This Is the
stronRest evidence possible why the
hilI wal benefit America and why
A should receive the support OF
-. tviotic Americans"