Hearings of Merchant Marine and Fisheries Committee on Merchant Marine Act of 1936 and the Ship Sales Act of 1946: Hearings Before ... 80-2, on H.J.Res. 377 ..., H.J. Res. 398 ..., March 17-14, 19481948 - 826 pages |
Common terms and phrases
accelerated depreciation Admiral SMITH ALLEN amended American flag American merchant marine American President Lines American ships amortization amount approved BAILEY basis BONNER BRADLEY BROWNLOW building built capital cargo carriers CHAIRMAN charter committee companies competition Congress construction differential contract cost crew depreciation differential subsidy drydocks earnings fleet GARNER going Government gross tons intercoastal interest Interstate Commerce Commission investment Joint Resolution June 30 LATHAM Maritime Commission ment Merchant Marine Act merchant ships MORGAN MORRISON mortgage national defense national security naval Navy nonsubsidized owner passenger ships payment percent period present President purchase purpose question reference ROUNTREE SANFORD Secretary SULLIVAN SEELY-BROWN ship repairing Ship Sales Act shipbuilding industry shipowner speed statement steamship steel subsidized lines tankers tion tonnage trade routes tramp U. S. Maritime Commission United west coast World War II yards
Popular passages
Page 82 - It is necessary for the national defense and development of its foreign and domestic commerce that the United States shall have a merchant marine (a) sufficient to carry its domestic waterborne commerce and a substantial portion of the waterborne export and import foreign commerce of the United States...
Page 85 - ... (c) owned and operated under the United States flag by citizens of the United States insofar as may be practicable, and (d) composed of the best-equipped, safest, and most suitable types of vessels, constructed in the United States and manned with a trained and efficient citizen personnel. It is hereby declared to be the policy of the United States to foster the development and encourage the maintenance of such a merchant marine.
Page 274 - That any person who shall be injured in his business or property by reason of anything forbidden in the antitrust laws may sue therefor in any district court of the United States in the district in which the defendant resides or is found or has an agent, without respect to the amount in controversy, and shall recover threefold the damages by him sustained, and the cost of suit, including a reasonable attorney's fee.
Page 19 - For want of a nail, a shoe was lost; For want of a shoe, a horse was lost...
Page 79 - That it is necessary for the national defense and for the proper growth of its foreign and domestic commerce that the United States shall have a merchant marine of the best equipped and most suitable types of vessels sufficient to carry the greater portion of its commerce and serve as a naval or military auxiliary in time of war or national emergency, ultimately to be owned and operated privately by citizens of the United States...
Page 657 - ... vessels of all types, to provide shipping service on all routes essential for maintaining the flow of the foreign commerce of the United States, the vessels in such fleet to be so designed as to be readily and quickly convertible into transport and supply vessels in a time of national emergency.
Page 82 - To further the development and maintenance of an adequate and wellbalanced American merchant marine, to promote the commerce of the United States, to aid in the national defense, to repeal certain former legislation, and for other purposes.
Page 652 - The following persons shall be presumed to have authority from the owner to procure repairs, supplies, towage, use of dry dock or marine railway, and other necessaries for the vessel. The managing owner, ship's husband, master, or any person to whom the management of the vessel at the port of supply is entrusted. No person tortiously or unlawfully in possession or charge of a vessel shall have authority to bind the vessel.
Page 667 - The issuance, transfer, or assignment of a bond, note, or other evidence of indebtedness which is secured by a mortgage of a vessel to a trustee...
Page 651 - ... (b) Upon the sale of any mortgaged vessel by order of a district court of the United States in any suit in rem in admiralty for the enforcement of a preferred mortgage lien...