MERCHANT MARINE AND FISHERIES
HOUSE OF REPRESENTATIVES

SEVENTY-NINTH CONGRESS

FIRST SESSION

ON

H. R. 1425

A BILL TO PROVIDE FOR THE SALE OF CERTAIN
GOVERNMENT-OWNED MERCHANT VESSELS
AND FOR OTHER PURPOSES

71770

PART 2

APRIL 19, MAY 2, 3, AND 23, 1945

Printed for the use of the
Committee on the Merchant Marine and Fisheries

UNITED STATES
GOVERNMENT PRINTING OFFICE

WASHINGTON: 1945

зно

CONTENTS

Statements of

Land, Vice Admiral Emory S., Chairman, Maritime Commission.
Roth, Almon E., president, National Federation of Shipping..
Taylor, Frank J., president, American Merchant Marine Institute..
Gardner, Col. Kenneth, representing the twelve subsidized lines..
Dundon, Gerald A., vice president, McCormick Steamship Co..
Bull, E. Myron, president, A. H. Bull Steamship Co...

Page

699

745

765

766

776

781

Garner, W. B., executive vice president, Waterman Steamship Corp-
Walton, C. R., representing Collier Owners Association_.
Sinclair, James, president, Luckenback Steamship Co...

795

814

819

Smith, H. Gerrish, president, Shipbuilders Council of America

827

Geaslin, Bon, general counsel, Waterman Steamship Corp.
Vinson, Hon. Carl, chairman, Committee on Naval Affairs..

830

847

Briefs of-
National Bulk Carriers, Inc.

854

Ira L. Ewers, representing Alaska Steamship Co., Northland Trans-
portation Co., and Alaska Transportation Co...

Mystic Steamship Division, Eastern Gas & Fuel Associates (colliers).

856

APPENDIX

Bill, H. R. 1425, committee print, April 19, 1945.

Committee Document No. 32, Memorandum on Balance of Payments___
Information furnished committee by Maritime Commission:

Vessels, dry cargo and tankers, subject to adjustment of sales price.
Vessels available for merchant marine, 1946...

868

874

892

893

Sale of tugs..

894

Vessels built under Merchant Marine Act, 1936, owned or under con-
struction for private operators__.

895

Tankers acquired by private operators

896

Adjustment of sales price of tankers under H. R. 1425.

896

Dry cargo vessels delivered subsequent to December 31, 1940.

897

Pricing formula-vessels sold with construction differential subsidy
under title V...

898

Memorandum on price of ships (Committee Doc. No. 40).

899

Report of Navy Department on H. R. 1425.
Report of War Department on H. R. 1425..

927

930