Trade routes sold by the board as of January 1, 1932-Continued Trade name Route Sold to Date of contract of sale Colombian Steamship Co. New York to Puerto Colomb 1, - Colombian Steamship June 21, 1926 Cartagena, Haiti, in 1 West In Les. Co. Townership trans- monton Steamship American Scantic Line Oct. 4, 1927 States steamship Co..... Mar. 3, 1928 Oriental Mar 20, 19 South Atlantic to London and Euro- tractin's Southern Steamship Co South Atlantic steAID- I n. ed States Lines Atlantic ports to lared Gulf to Brazil and River Plata, cast Gulf of Portugal, spain, and North Baltimore and Hampton Revis to Brynen and Ham burg, with pravi Hon EWIN L. DAVIS, Mississippi Shipping Tampa Interocean Apr 17,1/29 Ba more Mail Steam- July 11, 1930 Waterman Steamship Sept. 14, 1981 American Diamond UNITED STATES SHIPPING BOARD, Do. Washington, January 4, 1932. Chairman Committee on Merchant Marine, Radio, and Fisheries, House of Representatives, Washington, D. C. DEAR CONGRESSMAN DAVIS: For your information, I am inclosing herewith copy of a table, the original of which has been sent to the Postmaster General, which shows the gain which would accrue to the Government from the sale of our Stipping Board lines, and the award to them of mail contracts. We are advised by the Postmaster General that the award of additional mail contracts is contingent upon making of special appropriations by Congress. Very truly yours, T. V. O'CONNOR, Chairman, 119850-32-5 Financial results to Government from sale of Shipping Board lines and award of mail contracts NOTE.-The above analysis takes no account of the risk to the government in case the business of any of these lines should fall off, involving possible increases in lump sums; or of increased repair costs or the need for betterments as the vessels grow older. 1 Average loss 12 months ended Nov. 30, 1931. Trade routes sold by the board as of January 1, 1932-Continued Puget Sound ports to Japan, China, American Australia Ori- Pacific coast to Australia and New Colombian Steamship June 21, 1926 Tacoma-Oriental Steam- (cargo). North Atlantic ports to Scandinavia Oct. 4, 1927 Oregon Oriental Line (cargo). Portland to Japan, China, and Phil- States Steamship Co.... Mar. 5, 1928 Mar. 14, 1928 Mar. 20, 1928 June 25, 1928 Jan. 14, 1929 Oct. 11, 1928 ent Line (cargo), American West African South Atlantic Mail Line United States Lines (passenger and cargo). American Merchant Lines (passenger and cargo). Delta Line (cargo). Gulf-West Mediterranean Line (cargo). Baltimore Mail Steamship Co. (passenger and cargo. Mobile Oceanic Line (cargo). American Diamond Lines. Zealand, California ports to Japan, North Atlantic and Gulf to West South Atlantic to London and Euro- South Atlantic ports to United Irish, French, and German ports. Gulf to Brazil and River Plata, east Gulf of Portugal, Spain, and North Baltimore and Hampton Roads to Oceanic & Oriental American West African Strachan's Southern South Atlantic Steam- United States Lines Mar. 21, 1929 Mississippi Shipping Tampa Interocean Do. Apr. 17, 1929 Apr. 5, 1930 Baltimore Mail Steam- July 11, 1930 Waterman Steamship Sept. 14, 1931 American Diamond Do. Hon. EwIN L. DAVIS, UNITED STATES SHIPPING Board, Chairman Committee on Merchant Marine, Radio, and Fisheries, House of Representatives, Washington, D. C. DEAR CONGRESSMAN DAVIS: For your information, I am inclosing herewith copy of a table, the original of which has been sent to the Postmaster General, which shows the gain which would accrue to the Government from the sale of our Shipping Board lines, and the award to them of mail contracts. We are advised by the Postmaster General that the award of additional mail contracts is contingent upon making of special appropriations by Congress. Very truly yours, T. V. O'CONNOR, Chairman. Financial results to Government from sale of Shipping Board lines and award of mail contracts 119850-32-5 1 Average loss 12 months ended Nov. 30, 1931. NOTE.-The above analysis takes no account of the risk to the government in case the business of any of these lines should fall off, involving possible increases in lump sums; or of increased repair costs or the need for betterments as the vessels grow older. |