| United States. Congress. House. Committee on Appropriations - 1950 - 1828 pages
...hurt a good Democrat at any time. Mr. RODNEY. I am glad you gentlemen get along so well. SEPARATION OP AIR-MAIL PAY FROM SUBSIDY PAYMENTS Mr. Secretary,...calendar year 1948 were at the rate of approximately GO cents a mail-ton mile, while the mail payments to another totaled more than $14 per mail-ton mile,... | |
| United States. Congress. Senate. Committee on Interstate and Foreign Commerce - 1950 - 380 pages
...Commerce, it is stated that the payment of this subsidy, and I call particular attention to this: * * * has resulted in a situation in which carriers who...carriers are virtually guaranteed against bankruptcy. Mail payments to domestic air carriers for the fiscal year 1949 have amounted to approximately $63,000,000.... | |
| United States. Congress. Senate. Committee on Interstate and Foreign Commerce - 1950 - 1762 pages
...carriers so that they can carry out the aims of the act. Of this situation the "Sawyer report" said: The result is in effect a cost-plus system of subsidies...carriers are virtually guaranteed against bankruptcy." The Secretary further pointed out that in 1948, one air carrier received approximately 60 cents per... | |
| United States. Congress. House. Committee on Interstate and Foreign Commerce - 1952 - 498 pages
...rates. As the report of the Secretary of Commerce to the President in December 1949, so aptly put it, "The result is in effect a cost-plus system of subsidies...carriers are virtually guaranteed against bankruptcy." Under this provision you will recall that the taxpayers, through the Post Office Department, were even... | |
| 1949 - 144 pages
...who are not demonstrated to be dishonest, uneconomical, or inefficient can obtain sufficient air mail payments to compensate them for the operating losses...calendar year 1948 were at the rate of approximately 60 cents a mail-ton mile while the mail payments to another totaled more than $14 per mail-ton mile... | |
| 1950 - 810 pages
...carriers,, Alderman quoted from the Department of Commerce Sawyer report to the President as follows: "The result is in effect a cost-plus system of subsidies...carriers are virtually guaranteed against bankruptcy „" Alderman contended that even the socalled Big Four are not operating on a self-sufficient basis... | |
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