Manual of Ship Subsidies by Edwin M. Bacon
page 78 of 134 (58%)
page 78 of 134 (58%)
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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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