Show SHIPS AND SUBSIDIES I We hope that the ship subsidy bill i will nut pass I > this year but there la no oixNibSon for vholoFUlo lying in vrganl to It It Is I a fact thH the prodiub I of thy United States are paying 210 I 000000 per annum to foreign ahlpown f orts It would be vntly better if that could b5 paid to American shipowners I I and It must be kept In mind that the utmost subsidy that could be collected under the proposed bill 1 should It become be-come a law would be 0000000 er per annum an-num At the same time these ships would have to carry the malls of the l Tinted States free which would save I 51COOJKJO annunny which Is now paid I I I out for carrying ocean mails Great I Britain is a prudent old country It I I I docs not give up money without a cause and just now the postal subsi J dlea paid to British companies by the 1 lirltiah Government amount to 3266 J I 3SO flcr annum and the sum expended I I by her Majestys qoverhiiJenl for the i right to usb jf e iuju fust stoam < raas I cruisers in u sc qC mivaI l l varfaro j amounts to on additional 2HSK0 That I Is vxchiflv of thj SS5VJ50 I > irt by Great Britain for mail services on boats j Within ihe kingdom An official publication publi-cation haa been made In Great Britain which states that oubsldies were paid to British vessels In the foreign trade last year In the aggregate of 33193 3SO The amount paid to the Orient and colonial chips for carrying the malls last year amounted to 1000000 more than the revenue received from the malls The Shipping Gazette oC London In the issue of January 26th of this year says Tho Jamaica Government has accepted I tho proposal of Messrs Elder Dempster Co for tho establishment of a direct steamship service between Jamaica and England the company to receive a subsidy sub-sidy of 10000 200000 of which the Imperial Im-perial Government will pay onehalf The North German Lloyd line receives from Germany an annual subsidy of 1320120 Under the bill now pending In Congress American nhlps similar to those now used by the North German Lloyd for doing the same service would receive 911000 a year or 10DI20 less than the North German Lloyd company com-pany nQw receives Very swift and largo steamships aro expensive affairs We believe the sentiment Is I crystalix Jug In shipping circles in this country I and In England that it would be better I I to reduce the speed of transAtlantic steamers and reduce the cost corre I spondlngly That Is I I if the engines are set for about fifteen knots an hour to I I make those engines drive a ship nineteen nine-teen knots requires more than double I the coal and double the force in the lire I room to run It We think Jim Hills idea is going to prevail that instead of building 5000 ton ships and running them twenty knots It would be bcttci to build 10000 ton ships and run them fourteen knots In that case the larger ship will need no heavier engines than the smaller one it would burn no more coal and it would deliver double the amount of freight |