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Show 1 Panama canal will find this the only great commercial nation unable to avail In International maritime business busi-ness of this great contribution lu the means of the world's commercial in- Ship Subsidy. The president urges such action aa he believes will increase American trade abroad, and says. "Another instrumentality Indispensable Indispen-sable to the unhamapered and natural development of American commerce Is merchant marine. All maritime and commercial nations recognize the Importance Im-portance of thia factor. The greatest commercial nations, our competitors. Jealously foster their merchant marine. ma-rine. Perhaps nowhere Is the need for rapid and direct mall, passenger and freight communication quite ao nrgent as between the United Statea and I-atln America. We can secure In no other quarter of the world auch Immediate beneflta In friendship and commerce aa would flow from the establishment es-tablishment of direct lines of communication com-munication with the countries of Latin America adequate to meet the requirements of a rapidly increasing appreciation of the reciprocal dependence depen-dence of the countries of the western hemisphere upon each others prod-eta. prod-eta. sympathies and assistance. -I alluded to this most important abject la my last annual message; It haa often been before yon and I nd not recapitulate the reaaoaa for lu reoommeBdatlOB. Unless prompt actio ac-tio be takes tho completion of the |