229 TABLE NO. 1.-Ship construction differentials at various ratios of material and labor costs-Continued 120 125 C A C A B C 50 150 2151 189 130 B 61 100 225 65 100 225 135 140 145 B TABLE NO. 2.-Ship construction differentials, at various ratios of material and labor costs [American ship cost divided: 50 per cent material; 50 per cent labor and overhead. A-American efficiency percentage; B-American percentage of foreign labor cost; C = American differential; percentage of American cost over foreign cost] American percentages of foreign material costs C A B B 16-102 ១ C 21 ! Senator ODDIE. This committee has been on this question longer than it expected to be. We want to conclude these hearings as soon as possible. Mr. Brush has a statement to make on the Seatrain Co. We should get that out of the way first. I suggested that the representatives of the shipping companies that are interested be given an opportunity to make their statements. We want to conclude this as quickly as possible. I hope that we can do it to-morrow before 12 o'clock. Senator MCKELLAR. Then, we will meet tomorrow at 10? Senator ODDIE. We will meet at 10 o'clock, to-morrow morning. I hope we will conclude this hearing on this bill by 12 o'clock to-morrow. (Thereupon, at 12.10 o'clock p. m., the committee adjourned, to meet the following morning, Tuesday, March 29, 1932, at 10 o'clock a. m.) |