SHIPPING SUBSIDIES
AMERICAN PACIFIC LINES. Press Association—By Telegraph—Copyright. , NEW YORK, March 2. The.House of Representatives, by 124 to 100, omitted from the Ship Subsidy Bill the clauses relating to last services tt» the Orient, and also rejected the clans© referring to the tine from the Pacific coast to Australasia. The whole Bill was rejected by 161 to 54, but on reconsideration was adopted by 162 to'lso in an amerujed form. [The Ship Subsidy Bill was an amended form of a previous Bill rejected by the Senate on the motion of Senator CannpnSpeaking of the former. President Roosevelt beljeyed it would pass Congress this session. It was, in its first shape, modelled on the recent Cunard contract with, the British Government, and devoted over £400,000 annually to ‘building twenty fast steamers for South American trade, and half that amount annually for building sixteen steamers for the Pacific Ocean. The Bill also provides for a naval reserve, on which feature the President said: “Remember that the prime tase of the United States Navy is to avert war. Th© navy is the cheapest insurance Uncle Sam has. It is the surest guarantee against our ever being drawn into war, and a guarantee effective just in proportion as the navy is efficient.”]
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Bibliographic details
Evening Star, Issue 12061, 4 March 1907, Page 6
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208SHIPPING SUBSIDIES Evening Star, Issue 12061, 4 March 1907, Page 6
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