Speech #670343813

Not only will the fast vessels which carry the mails receive the compensation or subsidy. as do other vessels. but they will be paid for service rendered a fair amount. for carrying the mails. That will be of immense benefit n a business way. Another feature of the bill to which I call attention Is that which provides that onehalf of the immigrants coming into this country must hereafter. if this bill shall pass. come in American ships. In the past most of the immigrants who Have. comeand the passage moneys which have been paid by them. have aggregated very large sumshave come in foreign ships.. This bill provides- that not less than 50 per cent of the immigrants must come in American bottoms. There is another provision of the bill to the effect that in the case of any company or any individual owning and operating ships and desfring to receive the benefit of the direct aid provided in the pending bill. not less than onehalf of the tonnage of such individual company must be registered under the American flag. In other words. if an individual owns a few American ships and a great many foreign ships he can not receive the benefit of the direct aid provided in this bill. as not less than 50 per cent of all his tonnage must be registered under the American flag in order to receive such benefit.