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Government Subsidies for Marine Enterprises.
(Taken from the Budget of 1901.)
Hokkaido Coastwise Navigation |
170,061 |
Ogasawara Navigation |
17,200 |
Minor Islands near Ogasawara |
900 |
Oshima and other Islands off Kagoshima |
18,000 |
Oki Navigation |
6,000 |
Sakishima (Liu-Kiu) |
10,000 |
Other Islands of Liu-Kiu |
6,000 |
Navigation Encouragement Funds |
797,766 |
Navigation Extension Funds |
5,544,775 |
Shipbuilding Encouragement Funds |
277,250 |
Education of Mariners |
10,000 |
Life-saving Funds |
20,000 |
Total |
6,877,952 |
J.—The Shipbuilding Encouragement Law.
(Enacted March, 1896.)
Article I.—Japanese subjects, or mercantile companies of which the members or shareholders are exclusively Japanese subjects, engaging in the construction of ships at dockyards possessing the qualifications to be determined by the Minister of State for Communications, shall be entitled, in consideration of the ships so built, to the grant of shipbuilding encouragement bounty in accordance with the provisions of this law.
Article II.—Ships entitled to the bounty according to this law must be of iron or steel, with a gross tonnage of not less than 700 tons, and constructed under official supervision in accordance with the Shipbuilding Regulations to be determined by the Minister of State for Communications.
Article III.—The shipbuilding encouragement bounty shall be granted at the rate of 12 yen per ton gross in case of vessels of not less than 700 but less than 1,000 tons gross, and 20 yen per ton gross in case of and above 1,000 tons gross.
Where the engines are also manufactured, an additional bounty of 5 yen per indicated horse-power shall be granted.
The above-mentioned additional bounty shall also be granted in case the engines are manufactured at other works within Japanese dominions, provided the permission of the Minister of State for Communications shall have been first obtained.
Article IV.—In the construction of the hull and engines of ships for which the bounty is to be granted no foreign-made material should be employed, except in accordance with the regulations to be determined by the Minister of State for Communications.