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NAT TA | | HTL at Ki | A =| ( 7 i fj L JE = WI EAA A | MCAT cK -- VOL. 50 NEW YORK SEPTEMBER, 1920 CLEVELAND No. 9 Prevent Free Use Of Lake Ships New American Insurance Syndicates Prohibit Their Trading In Transoceanic Routes--Discrimination Should Be Removed N THE fervid days of ship construction, just pre- ceding the armistice, an incident occurred which revealed the thorough failure of many American citizens to appreciate the part shipyards and_ ship- ping companies of the Great Lakes have played and are playing in building up the country's marine strength. A report that the New York state barge canal would close a few days earlier aroused an ex- ecutive officer of the Emergency Fleet corporation to telegraph to district which is difficult to understand or explain. Lake built ships, which have deadweight capacities up to 4200 tons, are prohibited by the new American insurance syndicate from engaging in transatlantic or trans- pacific trades. They were operated in such routes during the war and since and their performance is a credit to the quality of their construction. Built in great numbers, largely because of the superior effi- ciency of lake yards, they have been plying most of the world trade routes, headquarters at Cleve- land to learn how this would affect sched- uled November deliv- eries. His lifelong impression that lake trade was carried on by small power boats caused him to see nothing ludicrous in the prospect of pass- ; : Ship'gBd. Valued at not ing these oceangoing Rate Schedules On Standard Type Steamships Syndicate B (Insurance Syndicate) Initial Rates of Premium Without discount or refund but subject to a brokerage not exceeding 5 per cent under regulations to be pre- scribed by the syndicate board of managers. Damage claims paid by underwriters have been almost entirely the re- sult of inefficient op- eration. These ves- sels are of a size and type which is des- tined to play an im- portant part in sta- bilizing America's ma- rine power. They are liked by --the Nor- B € Institute . Eastport : type not less than Warranties Riv'pl'te AGW1 ' 2 freighters through the tons deadw't percent percent percent wegians for Baltic and fee and narrow oo Se 7} oka - es and * arge canal. Similar ,000 ,900,000 1 3 are ideally fitted for lack of appreciation of 9,400 1,410,000 j 572 ue : Mediterranean, West the quality of work- oan Ley Indian, and Oriental manship and seaworth- 5,000 750,000 6 5 4% coastwise service, in ness of these lake- 4.200 660,000--Note D ( 6 5 | addition to United built, salt water ships 4,050 607,500 a ee States coastwise and is shown frequently by 3,525 ea p 6 5 deep sea trade lanes. experienced marine 2,879 sae As. feeders,. they fill: men. The belief that this Js intentional dis- rimination is held by many business men Operating around the Great Lakes. The ac- Companying table re- veals a viewpoint on the economic possibili- es of these ships coast, B.--Warranted confined to the waters of the American not north of Eastport, Me., nor south of River Plate, including Gulf. of Mexico and/or Central Amer- ica and/or West Indies and/or Mexico, C.--Warranted that the vessel shall be engaged trading between ports and/or places on ' of the United States of America. (including ports and/or places in the Gulf of Mexico) and/or ports and/or places in Mexico and/or in Central America and/or in the West Indies and the Caribbean sea, as far south as Demerara. | : D.--Prohibited from transatlantic or transpacific voyages. out ideally the work of. the bigger cargo car- riers. Why such ves- sels should be the ob- ject of discrimination by American insurance underwriters is a mys- tery. The barrier against their free use should be removed. on the Atlantic coast 483