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Bacon, Edwin M.

"Manual of Ship Subsidies"

"[HN]
The first advertisements for proposals under this act resulted in
contracts with eleven existing lines, of the third and fourth classes.
No bids were received for the North Atlantic service calling for
American-built steamships in the first class. But an offer was made by
the American Line[HO] to begin the performance of the service with two
British-built liners--the _City of New York_ and the _City of
Paris_--acquired from the Inman Line, if these steamers were admitted
to American registry, the company agreeing immediately to order two
similar ships from American shipyards and add these to their fleet. The
proposition was accepted, and a supplementary act was passed (May 10,
1892), legalizing such registry.[HP] The new American ships were
promptly built,--the _St. Louis_ and the _St. Paul_, launched November,
1894, and April, 1895, respectively,--each 11,600 tons, "larger,
swifter, safer, and more luxurious"[HQ] than the two British-built
vessels: a perfection of workmanship deemed a matter for congratulation
by patriotic Americans. To this extent at least the subsidy law was
declared to have been beneficent.
It had become evident, however, that the law was not fostering the
establishment of new American-owned and American-built steamship lines
as its promoters had hoped.


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