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Bacon, Edwin M.

"Manual of Ship Subsidies"

As far
back as 1865 a decree was issued offering a subsidy of twenty thousand
dollars a year for a line between Argentina and the United States. But
it was not taken. In 1911 the Government was prepared to pay a subsidy
to a new steamship company promoted to furnish a regular service to
South Africa.[FP] In 1911 there appeared the first steam vessel flying
the American flag at Buenos Aires in twenty years.[FQ]
Chile grants mail subsidies, which have no appreciable effect in the
merchant marine.[FR]
FOOTNOTES:
[Footnote FO: Con. Gen. George E. Anderson, Rio de Janeiro, in Daily
Con. Repts., no. 55, p. 719, Sept. 7, 1910.]
[Footnote FP: Daily Con. Repts., March 18, 1911.]
[Footnote FQ: Same, January 20, 1911.]
[Footnote FR: Meeker.]


CHAPTER XIII
THE UNITED STATES

While a navigation code founded in 1790 and 1792, and developed in 1816,
1817, and 1820, after the model of the then existing English code,[FS]
has been retained in modified form through enactments in subsequent
years, a system of general ship-subsidies, though repeatedly proposed,
has never been adopted by the United States. From 1793 to 1866 bounties
were given to fishing vessels and men employed in the bank and other
deep-sea fisheries,[FT] but no subsidies to the merchant marine were
granted till 1845, and these were only postal subsidies--payments in
excess of an equivalent for services to be rendered in ocean
mail-carriage.


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