Manual of Ship Subsidies: An Historical Summary of the Systems of All NationsBacon, Edwin M. (Edwin Monroe)
History
Manual of Ship Subsidies: An Historical Summary of the Systems of All Nations
Bacon, Edwin M. (Edwin Monroe)
Shipping bounties and subsidies
The total amount paid in mail subventions in 1910 was $1,858,186; in
navigation subsidies, $1,291,826. The total Spanish tonnage the same
year comprised 579 vessels of 765,460 tons.[EE]
* * * * *
Portugal grants postal subventions of comparatively small amounts to
three steamship companies which perform all her mail carrying. A move
toward the institution of a general subsidy system was made in 1899,
when a bill was before the Cortes providing construction and navigation
bounties for the encouragement of domestic shipbuilding and ship-using;
but this measure was not enacted. In 1911 the republic offered a subsidy
of one thousand dollars per voyage in either direction for steamship
service between Lisbon and New York, with call at the Azores, the
contract to run for three years.[EF] Portugal controls her shipping
service with her colonies, the trade with them being restricted to the
Portuguese flag.[EG] Her total tonnage is small: in 1910 only 110,183
tons.[EH]
FOOTNOTES:
[Footnote DZ: U.S. Con. Rept., no. 112, January, 1890, pp. 54-56.]
[Footnote EA: U.S. Vice Con. Gen. William Dawson jr., Con. Repts., no.
349, Oct., 1910.]
[Footnote EB: U.S. Con. Repts., 1890.]
[Footnote EC: Meeker.]
[Footnote ED: U.S. Con. Rept., no. 349, Oct., 1909.]
[Footnote EE: Lloyd's Register, 1910-11.]
[Footnote EF: Daily Con. Repts., no. 106, May 1, 1911.]
[Footnote EG: Meeker. Also Parliamentary papers.]
[Footnote EH: Lloyd's Register, 1910-11.]
CHAPTER IX
DENMARK--NORWAY--SWEDEN
Denmark pays postal subventions to two steamship companies for carrying
the mails to Sweden and to Iceland, and "trade" subsidies to other
companies to encourage particularly the export trade. The latter are
payments directly for reductions in freight rates, which are supervised
by the Government.[EI] The postal subventions are not large, and they
are generally accepted as only fair remuneration for service
rendered.[EJ]
* * * * *
Norway and Sweden both give subsidies for mail carriage solely, and
grant no direct bounties on shipping. Both, however, undertake the
furtherance of commerce and navigation through "State contributions," in
the form of loans to shipowners from Government funds.[EK] Such aid has
been granted to several steamship lines. In 1910 the Swedish Government
granted a loan equivalent to half a million dollars American money
toward the capital of a new line between Swedish ports and New York,
Philadelphia, and Baltimore.[EL] Shipping is exempt from taxation in
both countries.[EM] The Swedish tonnage in 1910 stood at a total of 1472
vessels of 918,079 tons.[EN]
* * * * *
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