These laws offered construction and navigation subsidies, and also made
provision for a widely extended postal service with increased postal
subventions. The construction bounties were available for "any company
composed of Japanese subjects exclusively as members and shareholders
which shall establish a ship-yard conforming to the requirements of the
Minister of State for Communications, and shall build ships." The rates
were fixed as follows: for ships of over 1000 tons, twenty yen ($9.96)
per gross ton; of over 700 and under 1000 tons, twelve yen; for engines
built with ships, or in any other domestic dock-yard, with the consent
of the Minister of Communications, five yen per horsepower. Japanese
materials only were to be used, unless the Minister of Communications
should give permission to use foreign materials. The navigation bounties
were granted only for iron and steel ships owned exclusively by Japanese
subjects, and plying between Japan and foreign ports. The rates in this
class were: twenty-five sen (about 12-1/2 cents) per gross ton per
thousand miles run for ships of 1000 tons steaming at ten knots an hour;
ten per cent added for every additional 500 tons up to 6000 tons, and
twenty per cent for every additional knot up to seventeen.
Pages:
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97