SHIP SUBSIDY BILL.
THE AMENDED MEASURE. United Press Association — By -Jlectrie Telegraph — Copyright. (Received January 19, 7.50 a.m.) .-TEW YORK, January 18. President Roosevelt, at a banquet given by the National Convention for the Extension of Foreign Commerce, endorsed the amended Ship Subsidy Bill, which has now a prospect of passing. It is modelled on the lines of the Cunard Company's contract with the British Government, and proposes; to devote £400,000 annually 'to the building of twenty fast steamers for the South American trade, and half that amount to the building of sixteen steamers for the Pacific trade. - . The Bill also provides for a naval reserve. Senator Cannon, who opposed the previous Bill, has promised to support the amended measure. President Roosevelt urges the construction of two battleships of the Dreadnought type.
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Bibliographic details
Star (Christchurch), Issue 8832, 19 January 1907, Page 4
Word Count
132SHIP SUBSIDY BILL. Star (Christchurch), Issue 8832, 19 January 1907, Page 4
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