This is all the privilege that ship owners demand, and with the favoritism over all other mechanics shown to shipbuilders, how can they complain? Even now, Mr. Roach says that he "can build steamships cheaper and better than they can be built on the Clyde." What will he not be able to accomplish with the provisions of this bill! His angle iron and his plates, his rivets and his brass work, his copper, his wire rigging, his sails, his paints, his cabin upholstery, mirrors, and everything appertaining to the completeness of his equipment--a great part of which would cost him vastly more at home--anything and all that he requires may be imported, duty free! Happy Mr. Roach! Why need he fear the effect of the clause in favor of ship owners? Who will avail themselves of it? But alas for the ship-builders upon the Clyde, in Newcastle and Belfast! Their occupation will be gone. Already building ships at a lesser cost than theirs, this remission of duties will enable Mr. Roach to build them from ten to twenty per cent. cheaper still. What will England then do? Will she grant bounties to her ship-builders, to meet the emergency? She did not do it in 1849, to sustain her wooden ship-builders; she will not do it now in order to "protect" an industry infinitely greater than ours, but infinitely less in importance than that of her ship owning. She will protect that, by leaving it _free_, and every Englishman who desires to buy a ship will come for that purpose to the Delaware. Mr. Roach objects to our buying British ships now; will he decline to sell American ships then? In view of this glorious future, how can you, Mr. Roach, oppose the 21st section of this bill? * * * * * I have thus adduced some of the principal arguments in favor of the free importation of ships, the only method by which the lost prestige of our commercial marine can be restored. I have given a very close attention to the subject for many years, having in the outset come to the conclusion which subsequent time and events have abundantly confirmed. If this essay should prove too long to be carefully read by our law-makers, for whose perusal it is mainly intended, I still trust that they may turn over the leaves sufficiently to recognize the condition of our carrying trade compared with that of England and Germany, as I shall endeavor to portray it in the shorter form of a parable, of which I earnestly hope they will make the application. THE THREE FERRIES.