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Manual of Ship Subsidies by Edwin M. Bacon
page 78 of 134 (58%)
maintaining the line between Brazilian ports and the United States.

* * * * *

Argentina is adopting a policy of giving subsidies to foreign steamship
companies which extend her communications with foreign ports. As far
back as 1865 a decree was issued offering a subsidy of twenty thousand
dollars a year for a line between Argentina and the United States. But
it was not taken. In 1911 the Government was prepared to pay a subsidy
to a new steamship company promoted to furnish a regular service to
South Africa.[FP] In 1911 there appeared the first steam vessel flying
the American flag at Buenos Aires in twenty years.[FQ]

Chile grants mail subsidies, which have no appreciable effect in the
merchant marine.[FR]

FOOTNOTES:

[Footnote FO: Con. Gen. George E. Anderson, Rio de Janeiro, in Daily
Con. Repts., no. 55, p. 719, Sept. 7, 1910.]

[Footnote FP: Daily Con. Repts., March 18, 1911.]

[Footnote FQ: Same, January 20, 1911.]

[Footnote FR: Meeker.]




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