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Should We Own Ships? FREDERICK WILLIAM WALLACE SHOULD CANADA maintain a Government-owned Merchant Marine? The question is one that has been raised many times in late years; particularly when Government estimates are tabled, or when money has to be voted for Canada’s excursions into State-owned transportation systems. When things were going well with us and business was booming, deficits in the operation of our Government railroads and merchant shipping were accepted without much criticism from parliamentarians and with tolerant apathy by the average Canadian citizen. But with the coming of the depression overworked term ! deficits in Government administrations assumed a new light, and the value of the services rendered was obscured by the unpleasant fact that they had to be paid for. And paid for out of a public treasury suffering from heavy demands and diminished revenue.

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