Free Ships the Corrective of Ship Subsidy And Steel Trusts
Free Ships the Corrective of Ship Subsidy And Steel Trusts
Osborne Howes
The book Free Ships the Corrective of Ship Subsidy And Steel Trusts was written by author Osborne Howes Here you can read free online of Free Ships the Corrective of Ship Subsidy And Steel Trusts book, rate and share your impressions in comments. If you don't know what to write, just answer the question: Why is Free Ships the Corrective of Ship Subsidy And Steel Trusts a good or bad book?
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It is obvious that a condition of affairs such as this could not long be maintained. There is a wide-spread desire throughout the country for the upbuilding of our merchant marine. We know that forty years ago we had a great merchant fleet, because at that time cheap raw materials permitted us to build vessels at a lower cost than they could be built for in any other country in the world. The pay of our shipwrights was at that time much higher than the pay of English and Dutch ship-carpenters; ...but their efficiency was so much greater and the price of wood the raw material was so much lower that we found no difficulty in competing with foreign constructors. There is not the least doubt that similar results would follow in the line of iron and steel construction, provided our ship-builders could regularly obtain this raw material at the lower price which their nearness to the source of supply would justify them in expect- ing. This, however, is a concession which the steel masters, who have combined together in their control of the American market, are not prepared to make; and yet, as is pointed out in the extract from the Treasury report which is given above, it is evident that the American people are not likely long to remain passive under such a flagrant instance of trust control through the instru- mentality of the protective tariff.
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