Standard Oil Company; Trusts, Industrial -- United States
same sort, "to build up the American merchant marine and increase the
commerce of the country," had been sought from Congress. Quoting from
the report made to Congress in 1874-75 by Representative Kasson, of
Iowa, he showed that the Pacific Mail Company, to get a subsidy, had
disbursed $703,000 among the members and officers of Congress and other
persons influential in legislation. "Yankee maritime enterprise," this
is called. The great captains, Bursley, Anthony, Delano, Dumaresq,
Comstock, Eldridge, Nye, Marshall, Holdredge, Morgan, and other sturdy
Americans who led the nautical world wherever speed, safety, and
courage were called for, outsailing competition even from the land
where "Blake and mighty Nelson fell"[578]--they had a manlier idea
of enterprise than being supported at the public expense in floating
poor-houses miscalled floating hotels.
The few men who are the beneficiaries of taxes paid by the many will
be powerful and shrewd enough to get other dispensations or benefits,
post-office contracts, naval contracts, or modifications of the strict
terms of their agreement, and with this help from the taxpayer they can
do business at a figure which, though very remunerative to themselves,
will drive the unaided citizen competitor out of the business. Honest
citizens cannot ask for such favors. Poor men could not get them.
It was the old spirit of rebate which sought and gave the preference.
Nothing could make such legislation respectable but the extension of
its benefits to all Americans owning such ships. But no such extension
was contemplated. The law gave a privilege not to the American flag,
but to the owners of the American flags of these two steamers. "There
is little probability," Senator Frye was reported as saying, December
22, 1892, in the New York _Tribune_, friendly to him and to the policy
of subsidy, "of the passage of any more laws giving the privilege of
an American registry to vessels upon the building of which no American
labor has been expended. The twin steamers _City of New York_ and _City
of Paris_ have set a fashion of which they will be the only exponents."
Public-domain text, read in full here on John Shaqi.
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