Emmons County record. [volume] (Williamsport, D.T. [i.e. N.D.]) 1884-current, 1922-07-13
ARTICLE 8.

Of the Shipping Board.
ARTICLE G.
One Of the greatest problems the
present Administration faced, at It's
inception, was the necessity, as GOV.
cred by previous articles, for liquidat.
ing the Government.owned feet go
that 1t would pass into private hands.
end the loss Of Government operation,
cause the creation Of privately
owned feet that would be rightly bal.
anccd for war and peace-time needs.
and insure at the same time that the
art Of shipbuildins in America be
kept alive in face of the .ten-year naval
holiday.
The President has proposed to the
Congress the enactment Of series Of
aids that will put American shippers
on the same basis with Great Britain,
whose costs are next highest to ours;
feeling that II we put ourselves on
parity with Britain, the ingenuity OF
America will conquer all other oh.
tacles.
The bill proposes direct aids to
ships in the form Of cash subsidy,
which, 1t is estimated. IL We should
ultimately develop the 100000 gross
tons needed. to carry half Of the over
seas trade Of America, will cost the
national Treasury approximately &90..
100000. Should we reach that point,
fho 1o,sas - 0En mn mn ma, onnuun
now incurred in the operation Of the
Shipping Board would long before
have ended.
Could Sell Present Fleet.
In addition, the bill proposes certain
indirect aids, one Of the chief being
Q deduction from income tax equal to
ave per cent. Of the moneys paid in
freights. The purpose Of this proti.
sion is to insure fuller cargoes.
The bill proposes Q loan fund Of
3125,000, 900 at two Per cent. minimum
interest to aid those who would build
types Of ships We still need. Without
the passage Of the proposed bill and
this feature, the art Of shipbuilding in
America will wither and die.
The, desirable tonnage owned By the
Shipping Board under the proposed
bill will bs disposed Of at world mar.
ket prices to American buyers. thus
aiding the buyers to escape the handi-
cap Of initial high cost.
The Government believes that IN
| addition to the vast sums that will
coma to the Treasury through the
sale OF the ships (Which 1t feels can
not be sold without this legislation,
the curtailment Of operating loss win
more than Offset the subsidy charge.
Il 70 proposed that nfty per cent. Of all
immissant trafac come In American nag
ships. This provision alone will insure .
volume, Of business In the North Atlantic
that should give us a large growth in our
third class passenger business.
Aid Based On Di6erential.
The bill proposes. that when proper "a
cilittes exist, the President may end the
Army and Navy transport. contracting for
our military transportation with privately
owned ships.
Looking forward to closer coordination
very basic essential toward the expansion
Of our trade-the bill proposes scheme
for bringing nearer together the Interstate
Commerce Commission and the Shipping
Board on subjects Of mutual interest.
The subsidy to be paid our ships u COM
putsd on dinerential based on combi-
nation Of speed. size and distance covered.
thereby encouraging the building Of dsst
that shall b balanced for peace and war
time purposes alike. The basic subsidy
provides that every vessel Of the United
States entitled to direct aid shall receive Q
sum equal to ons-hsH Z cent per gross ton
for each hundred miles covered. and In
creasss with each knot, until ct twenty
three knots and over The chip shall receive
30 cents per gross ton. In the discretion
Of the Shipping Board. who're essential
lines aFs needed and the subsidy proposed
Ia; 4tbS Bill y Knot p@cisntss.A subsidy mp
to- donbls the amount provided for IN the
law may b allowed. 81
No ships getting the subsidy are to BE-
paid !1oe Carrying the mails: tho compsn-
sakion they would customarily receive will
- - tie subsidy fund. s;
y6eSsb6tdy fund u to be derived BY re-
ssevtn6 Tn Per cent. Of the mo0Ay1 cd.
lsctsd In dutass 90 involving fsnd.
Ne RrsatsssiAs Rsssibss.
= Hmitatton Of proats u proposed ~
kho Government witch wills on The ons
hanA 7fosei1dinS proAtssrtnS. on the other
ee00 t4901oo no 01Mo0SlS0 N tue lneplS0.
lion o. Initiative end the consequent sttrse.
tiea Of The Dscsssafy capital. THIS = ae.#
eompliahsd By Q pfoyaso that aftsf ship
49, earned ten PEI cent. on IL capital hall
u StAa warnings shall b Fsturned y tn
msEchxnt marine fund until the full amount
81 IT, Dnbsidy shall hsys bseo repaid.
q 1890 articles have briefly under.
tAen 70 eketch tbs history Of 8Amsfica's
1 rise a1A leclins % the go and TIE admin. (
iseyat11a's plan 10 restore ouf merchant
meyinA.
y aSys hevs bsttsr program 70 o6sf.
- 0NSOtnmank, With IN open mtnd viii
~ rid 70 consider Il r. NO one has Q
bsktsf psogtnm 20 offer, then there ~ but
Two sltsru1tjves:. Either adopt the Pred:
deskS pEenqlals, o. continus the ioe0.
c1sas1 nd toss oe Government opseatioa.
No, thess = sim another alternative; end
chs OStsenmsat's .o1sfation and make az
r4neeaeuts 20 ~ ths 1est abroad % esfap
u. u eAis hstsf altssastiss wsrs oe1sred
~ CsoSrsees thees y no doubt, q NJ
mind, nat within Only . fews:wsettsa1
tAMes1te 1oulo realise Dc uttee nece1sity|
q ~ ns9eAAM marine fos ~ nse6A and
. s1s1insaD e5y wosM 60 up thsopghcut
- euuutsy dsnAndins d the consrsas