The question practically is. shall we by law prohibit American citizens from competing on the high seas with foreigners by preventing them from buying ships as all their competitors do. and thus perpetuate the monopoly of our carrying trade in the hands of foreign nations. any of whom may at any time become our enemies or the enemies of each other. which would be equally fatal to our commerce. for our goods on their ships would be destroyed to as great an extent as their own when the cruisers of each sunk the merchantvessels of the other? I need not tell the Senate that the seas are free. Congressional prohibition or protection. however desirable to some people. can not reach that trade or protect that industry against foreign pauper competition. which is now the fashionable way of expressing all reasons for asking Congressional aid. Even Congress can not force a foreign shipowner to pay $400.000 to an American shiphuilder for a ship when lie can buy a duplicate of it elsewhere for $300.000. Is there.
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foreign pauper