The Question of Ships: I. the Decay of Our Ocean Mercantile Marine Its Cause And Cure

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In general, however, they engaged in profitable ocean service, while our sailing vessels are rapidly decreasing in number because 38 THE DEC A Y OF OUR OCEAN MERCANTILE MARINE.
they are unprofitable. And yet no one can deny that the same opportunities of freight in the general ocean-carrying trade are open to British and American sailing ships, excepting that the latter have the advantage of being pro- tected in their coastwise trade, while the coasting trade of Great Britain is open to all nat
...ions. And this statement alone ought to be convincing that the British carrying trade on the ocean is not maintained and made prosperous by subsidies.
The utter want of all similarity between the ocean ser- vice which private-owned steamships render to the British Government and the object for which it is proposed to pay subsidies to shipping in this country should not be over- looked. In the one case payments are made for service, based on contracts awarded after public competition. In the other a subsidy is to be given on the basis of the mileage sailed.


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