Show STATE SHIP SUBSIDY louisiana spring scheme to help ou out t domestic steamship line now new orleans the question whether Loul louisiana slana shall grant what la Is lit in effect a state ship subsidy bill will bo be acted upon by tho the assembly this week the object of the grant will bo be a quasi public steamship company organized to conserve to tho the mississippi valley states in general slid to louisiana in particular tho advantage to be derived from tho the panama canal A domestic steamship line Is pro posed as aa tile the means ot of securing the commerce the capitalization Is to be with the privilege ot of increasing to the subsidy feature la is to consist ot of exemption of the property or of this corporation from all state stale taxation until 1925 to malse make the incorporation ot the company effective a constitutional amendment will bo be necessary sary |