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November, 1924 the latest available, but figures for pre- vious years also show strikingly the non- subsidy character of the plan proposed. The figures for the fiscal year recently ended show imports and exports to have been as follows: Imports ree ks cs $1,748,000,000 Ba a bic oc cans 1,330,000,000 gs ee hs ee $3,078,000,090 Exports ieestie. ees $3,646,000,090 ge cri RD ea ogee 55,000,000 OR ea cs $3,701,000,000 Net Gost of Certificates The total of free imports and domestic exports amounted to $5,394,000,000. If 60 per cent of these had been carried in American ships, the total value of the goods, on a percentage of which export and import certificates could be issued, would be $3,236,400,000. Figuring the freight cost at 8 per cent, the cost of carrying this 60 per cent by American vessels would be approximately $258,912,- 000. If these certificates were issued on the basis of 40 per cent of the freight bill, the total would be $103,564,800. The total value of all imports for the fiscal year 1924 was $3,078,000,000. If foreign ships carried 40 per cent of this value, the amount represented would be $1,231,200,000. A 10 per cent duty on this would amount to $123,120,000, and this additional income brought into the treasury would be supplemented by extra tonnage taxes paid on foreign shipping. During the 1924, the net tonnage of all vessels entering American ports was 6/7,- 655,000 tons. If 40 per cent of this, (27,062,000 tons), represented foreign shipping, and an extra tonnage tax of 10 cents per ton had been placed on these ships there would have been addi- tional receipts of $2,706,200, making the total offset to the export certificates $125,826,200. The final result, therefore, may be summarized as follows: Increased income from: Discriminating duties ....... $123,120,000 Discriminating tonnage taxes 2,706,200 Cl ee i ea oie es $125,826,200 Total Reduction in customs duties as represented by value of export and import certi- eT eg cen ieee ere aR Pare F $103,564,800 Keaiu i. PTEASUTY, 5 coke cs $ 22,261,400 Why Plan Would Aid What are the chief advantages of the proposed plan? The following would be among the principal ones: 1. The system planned would be no MARINE REVIEW 44) ST. LAWRENCE RIVER, 35 CAR, AUTOMOBILE FERRY With a low first cost fixed, the architect, Walter Lambert, developed unusual hull lines which called for only straight frames and but few furnaced plates. x 35 x 10 feet with 5%-foot draft. The ferry, Jacqums Cartier, is 135 Built at Davie shipyard, Quebec, she is driven by two 80 brake horsepower Kromhout type oil engines giving an average trial speed of 10.66 miles draw on the treasury, but would result in increased revenues. 2. It would give direct benefits to American importers and exporters, man- ufacturers, farmers and other producers. 3. It would give greater employment to American labor. 4. It would benefit the American con- sumer by reducing production costs. 5. It would aid the American ship- owners and ship operators, by bringing them greater cargoes, Loth outbound and ‘inbound, and enable them to purchase ships from the government or build new ones, in order to supply the increased business. 6. It would give employment to Amer- ican shipyards by creating this greater demand for American. ships. 7. It would result in an increase in our foreign commerce by lowering mar- keting costs, and thus enable American goods to be laid down abroad more cheaply in competition with foreign pro- ducers, as well as by assuring perman- ent and dependable transportation serv- ices. 8. It would bring the development of American shipping to a point ‘where the purpose of the Merchant Marine act of 1920 would be fulfilled through the creation of an American shipping car- rying the greater portion of our foreign commerce and serving as an adequate naval and military auxiliary. Other parts of the program provide for government employes and freight to use American ships; one-half of immi- grants to wse American ships; only ves- sels built in this country to receive American registry for foreign trade; a merchant marine naval reserve and call for the repeal of conflicting treaties, the method provided being one which it is said makes the enforcement inde- ‘pendent of action by the President. The plan has attracted quite a lot of interest and in some form is likely to ap- pear in congress this winter. Opens Radio Station at Chicago Shipping using Lake Michigan is espe- cially interested in a new radio station opened by the Radio Corp. of America- Ohio Co., in the Transportation building, 608 South Dearborn street, Chicago. Modern equipment makes the station non- interfering with telephone broadcast re- ception. Chicago has not had _ radio station facilities since the war despite the needs of such service both by passen- ger and cargo vessels. Bids will be received until Nov. 6 for constructing two large steel caissons for the government drydock now being built at Skinner’s Cove, Victoria, B. C. The caissons are to be ship type, one 49 feet in height and 139 feet 4% inches in length. The other will measure 46 feet by 138% feet. The new dock is expected to be completed about the middle of 1925. A radio compass of the Kolster type, supplied by the Federal Telegraph Co., San Francisco, has just been installed on the passenger liner PresIDENT JACK- son. This is the second transpacific liner of the Admiral-Oriental line, Seattle, to be thus equipped, the other being the PreSIDENT McKINLEY.