THE UNITED STATES.
FOSTERING THE MERCANTILE
MARINE.
United Press Association —Copyright. NEW YORK, Oct. 1. President Taft, speaking at Seattle, promised to do his utmost to induce Congress to legislate in favor of restoration of the mercantile marine. HEAVY SHIPPING SUBSIDY PROPOSED. (Received October 3, 5.5 p.m.) NEW YORK, October 2. President Taft proposes to ask Congress to devote seven million dollars (£1,400,000) the annual profit from foreign mail service, to the subsidisation of steamship lines to South America and for the East. Speaking at Seattle, he declared the commercial progress would he greater in the Pacific than anywhere else during the next halfcentury, especially in China and Japan. If America went to war to-day her merchant marine would lack sufficient tonnage in the auxiliary unarmed ships, which were absolutely necessary to the navy’s proper working, and she would he compelled to purchase such vessels abroad.
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Gisborne Times, Volume XXVII, Issue 2623, 4 October 1909, Page 5
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146THE UNITED STATES. Gisborne Times, Volume XXVII, Issue 2623, 4 October 1909, Page 5
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