MERCANTILE MARINE.
AMERICA'S NEED,; ~ ! ST TEMQEArn—PUESS " ASSOCIATION' —COrTRIGKi. (Reo., Jan. 23, 9.22 p.m.) . ' New York, January 23. , A convention of the United States Board of Trade, meeting at Washington, resolved that the commercial interests of the country required prompt , legislation to re-establish the American Mercantile Marine. The 1 mercantile marine Ms i the dead limb of the United-States commercial tree, despite restrictive ' laws in the coastwise trade. ' Shipping Subsidy Bills, to galvanise it into life, were introduced in Congress last year, and failed to pass. It-is stated by one writer that tho reason for this is an idea current in influential quarters that, until. the Panama Canal is built, and the' navy raised into much greater strength, a mercantile navy would be an embarrassment rather than a help;, and, further, that while every American dollar can bo (very profitably employed on shore, it is unwise to encourage them to seek new and less certain ventures.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/DOM19080124.2.34
Bibliographic details
Dominion, Volume 1, Issue 103, 24 January 1908, Page 7
Word Count
155MERCANTILE MARINE. Dominion, Volume 1, Issue 103, 24 January 1908, Page 7
Using This Item
Stuff Ltd is the copyright owner for the Dominion. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in