Show STATE ± SHIP SUBSIDY Louisiana Spring Scheme to Help Out Domestic Steamship Line Now OrleansThe question whether Ioulslana shall grant what Is In off J t a state ship subsidy bill will be toiled upon by tho assembly thin weeks The object of the grant wllljje it q l public steamship company com-pany ofgaiTlzea toconserve to tho Mississippi valley states In general and to Louisiana In particular tho advantage to bo derived from tho Panama canal A domestic steamship line Is proposed pro-posed as tho means of securing tho commerce Tho capitalization Is to be 10000000 with tho privilege of Increasing to 50000000 The subsidy feature Is to consist of exemption of the property of this l corporation from nil state taxation until 1925 To make the Incorporation Incorpora-tion oC the company effective a constitutional con-stitutional amendment will be necessary o neces-sary |