Steamship Subsidies : Objections to the Pacific Mail Steamship Company's Plea for a Subsidy (Classic Reprint) by Unknown Author

Steamship Subsidies : Objections to the Pacific Mail Steamship Company's Plea for a Subsidy (Classic Reprint)
---------------------------------------------------------------
Author: Unknown Author
Number of Pages: 20 pages
Published Date: 27 Sep 2015
Publisher: Forgotten Books
Publication Country: United States
Language: English
ISBN: 9781330592687
File Name: Steamship.Subsidies.Objections.to.the.Pacific.Mail.Steamship.Company's.Plea.for.a.Subsidy.(Classic.Reprint).pdf
Download Link: Steamship Subsidies Objections to the Pacific Mail Steamship Company's Plea for a Subsidy (Classic Reprint)
---------------------------------------------------------------


Excerpt from Steamship Subsidies: Objections to the Pacific Mail Steamship Company's Plea for a Subsidy The late subsidy of $500,000 per year to the Pacific Mail Steam Ship Company, for a mail service between San Francisco and China, via Japan, which was authorized by Congress in 1866, and under which the Company received $5,000,000 from the United States Treasury, expired by limitation of time at the close of 1876. The Steamship Company applied to the last Congress for a renewal of the contract at the same rate of payment, and succeeded in obtaining a favorable report from the Postal Committee of the Senate, followed by an amendment to the general postal appropriation bill, providing for a payment of $500,000 for the current year. Fortunately for the country, the House of Representatives refused to concur in the Senate's amendment. The application to Congress is renewed at the present session, and as it has for its object the endowment of a commercial company (working for private gain), with a large annual payment from the public Treasury, it becomes expedient to ascertain what compensating advantages the company offers to the country. The President of the Pacific Mail Company has lately issued a pamphlet, entitled "The National Advantages of Government aid to American Commerce," in which he presents and urges the claims of his company to Government aid; and inasmuch as the statements and arguments contained therein, represent the company's case, the writer proposes to subject them to the test of a careful and impartial examination. Mr. Clyde opens his plea with a reference to the action of the Senate at its last session; he then produces, with approval, a circular which was issued at Washington, in February last. Taking into account its origin and purpose, this circular is a very curious production. Its preamble reads: "The Committee of the Senate on Post Offices and Post Roads have recommended the appropriation of $500,000 to pay the Pacific Mail Steamship Company for carrying the United States Mails on the Pacific Ocean, and the following reasons for granting such an appropriation are respectfully submitted." The circular is signed. W. P. Tisdel, General Agent, Pacific Mail Steamship Company. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

Read online Steamship Subsidies : Objections to the Pacific Mail Steamship Company's Plea for a Subsidy (Classic Reprint) Buy and read online Steamship Subsidies : Objections to the Pacific Mail Steamship Company's Plea for a Subsidy (Classic Reprint) Download Steamship Subsidies : Objections to the Pacific Mail Steamship Company's Plea for a Subsidy (Classic Reprint) ebook, pdf, djvu, epub, mobi, fb2, zip, rar, torrent Download to iPad/iPhone/iOS, B

نوشته شده در تاریخ یکشنبه 28 تیر 1394    | توسط: Mark Kimbrough    |    |
نظرات()