Manual of Ship Subsidies An Historical Summary of the Systems of All Nations

Cover Manual of Ship Subsidies An Historical Summary of the Systems of All Nations
Manual of Ship Subsidies An Historical Summary of the Systems of All Nations
Edwin M Edwin Monroe Bacon
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S. Con. Kept. , no. 61. 1886, pp. 285-287.
MANUAL OF SHIP SUBSIDIES 39 Subsequent laws made additions to the free list of raw and manufactured shipbuilding material; and preferential rates on the State railroads were arranged for the trans- portation of steel, iron, timber, from the interior, where these are found at an average distance of some four hundred miles from the coast, to the ship-yards. * Speedily large and superior steamships were designed and turned out from the enlarged ship-yards
..., the first ocean flyer being the Auguste Victoria for the Hamburg-American Line. In 1890 a subsidy of ninety thousand marks annually was granted for an East African line on a ten-years' contract. Within less than six years the establishment of a fortnightly Asiatic service was agitated; and in 1896 a bill granting a yearly subsidy of one million four hundred thousand marks therefor, was brought before the Reichstag. If this were forthcoming the North German Lloyd agreed, besides furnishing the fortnightly service, to increase the speed of their steamers, to send ships direct to Japan, and to meet all requirements of the Admiralty with respect to ships and crews.

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