FRENCH MERCHANT MARINE.
At' Paris the Chamber of Deputies has: begun a discussion of the Ministerial project aiming at the revival of the decaying merchant marine of France. The proj-jct .provides that any iron or steel vessel exceeding one hundred tons gross tonn;>ge engaged in any international trade and flying- the French flag shall receive an annual subsidy in proportion to her tonnage until she is twenty years old. A larger subsidy is accorded to vessels fulfilling similar conditions built in France and under fifteen years old. Admiral Rieneur (Republican) criticised the Bill as ineffective, and suggested a tax on foreign flags entering French ports.
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Bibliographic details
Wanganui Chronicle, 4 December 1901, Page 2
Word Count
105FRENCH MERCHANT MARINE. Wanganui Chronicle, 4 December 1901, Page 2
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