Show TAKE US S. S GRIP RIP OFF FF SHIPPING SAYS CHIEf i Hurley r Advocates l Private I O Ownership Government Regulation and Big Bib g Fund for Developing Routes outes Y NE N. N V B W YORK March 27 Private Private ownership of the great merchant marine which has been built builL b by A Am- Am m- m the stimulus of war with such governmental o regulation as would prevent pre watered stock and assure assure assure as as- sure the thc use of or the vessels on ou tra trade e routes promoting the he general g welfare of the thc nation was put forward hero here tonight by Chairman Hurley of t the e shipping shipping- board boar as his plan for the i time peace-time operation of the govern govern- built ment-built fleet He was speaking b before forc t the c National Marine farino farin league Enunciating the most important reconstruction re re- construction on t decision s' s se sr r r reached d dby by any in government department Mr rr Hure Hurley said aid bc lie would have the thc government gov o sell the new llew ships at market prices so the operators could compete compete com com- pete pele with foreign tonnage and would have the thc bottoms insured insure jointly b by bythe the thc government and American companies companies com com- until the thc latter developed dc sufficiently sufficiently sufficiently suf suf- to carl carry alone time the enormous risk on more than han worth of property properly then Alien IID Stockholders Darned No Xo No alien would be permitted to lo own an any stock in any American vessel e I and the transfer of or vessels to foreign flags JOgS would be permitted permitted only b by express consent of oC the government o American ships for tor American trade Is the central central cen cen- thought of or the plan which will willbo willbo ill bo be submitted to Congress as oilS a basis basle for legislation Wo 10 want the thc Initiative e and skill of or American ship operators but we wo want no watered stock tock said Mr Hurley We want to avoid thc the sta stagnation that sometimes comes from red tape and bureaucracy but bUl we want no profiteerIng profiteer profiteer- ing tug or exploitation We e want the sew new fleet used for tor the thc benefit of oC the people of or the United States and not against their larger larcer In In- In terest We c want It used for Lao development de do- of or tho time nations nation's commerce not merel merely for the development do t of or the th private fortunes of or ship operators operator Government o nt Control Opposed 11 Several plans plane were discussed a's as s possible possible pos- pos sible for operation of or the tho fleet vary vary- s Continued on Pago Page 3 THE TAKE U. U Ger- Ger S. S GRIP OFF SHIPPING SAYS CHiEf Continued from pa page e 1 ing from government ownership and operation to private ownership and operation Mr r. r Hurley announced flat o opposition to the former Cormer which would entail permanent establishment of or a government operating force with branch offices and agencies In every port of ot the world and he al also o opposed ed Intermediate plans plan such as government ownership and private operation on ownership by a single private corporation corporation corporatIon corpora corpora- tion with the government gO guaranteeing guarantee guarantee- ing Inh a z fixed return on tho the stock lie He outlined the two vo great arguments in favor ol of oC government ownership that ownership that government built ships should be the servants of oC the nation and that in times of oC emergency a government- government owned fleet could bo ho more readily converted to the na national lonal defense Tramp Ships Pr Problem The Tho impossibility of oC providing ro rules for Cor the operation of tramp steamers which must carry return car cargoes to tobe tobe be profitable and which may have hae to toI tomake tomake I make triangular or polygon polson voyages In order to tu kc keep p under load was said to tobe tobe tobe be another argument alsum for private own own- No 0 rule can be bc laid down don which a government o could follow for forthe forthe forthe the conditions sue arc constantly shifting shift shift- j ing Mr 11 Hurley said A careful consideration consideration con con- of or these arguments has led i ime me to the conclusion that the ships ships' should be bo sold to and operated by b American citizens under no restrictions restrictions other than the thc terms of oC tho the billor bill of or sale ale and the thc tI fixation of oC maximum f freight eight i rates It Jt Is 15 understood that no tran transfer of ot a ac c vessel to foreign Drel n registry would be allowed without express permission of oC the government o nt Trade rude Routes 31 1 aunt tIt nut lie II Won 00 It IB is foreseen en that trade routes important im- im to tu th the immediate or future welfare wel wet fare falc of American commerce must be established and developed de l. l Some of or these routes loutes mn may not yield steamship g profit until their existence shall have ha attracted an increased volume vol ol ume time of or business or a better balance I of uC trade Revenue He derived tram frown the thel I carriage of mall mail and possible fees COlI for COl forthe forthe the training raining of oC seamen s and ml md of of- I titers may part partly compensate losses I incurred on these routes loutes h When hen n tho the ships in the thc route earn their annual interest rate and a profit one huH the profit earned each year car should be bo paid into the merchant marine de development de- de e- e Cun fund until all mOne moneys drawn from Crom th the tumid fund on account of the vessel vesselIn In lu question shall havo o o been replaced The fhe other othel half should go annually to the steamship m I i Such vessels essel cruising In iti routes which fall rail to 0 provo prove susceptible of oC I profitable development Ile an and which witch do du donot donot not serve sen any purpose purpose of oC the government govern govern- government o ment of oC the United States ml may be transferred b by the government go to other routes loutes However should the government government govern govern- ment become convinced that an any auy vessel ves cs set sel el has hus failed to male make expenses es solely 01 or chiefly because of oC Incapable le management management man man- foreclose its mortgage it may on that vessel Food Will Croat Create emt C c The development de fund would amOunt and 13 to the time first year yeal In ten cal years which dir Mr Ir Hurley s said ald he deemed deel d sufficient to tare arc are for Cor Corall I all deficiency t Ho Ito said this fund would v take p-I p place ce of government o tacking backing tack back ing for 01 the time development de of new trade tnt routes one of or the time strong arguments brought forward b by government gO ownership ownership own own- advocates ad leu Icu Admiral Albert lbert Gleaves Glea commanding com coin manding the time cruiser cruler and fund transport fleet another l' l speaker sal said he Vas tas im impressed pressed l toy ly y the po possibility of or esta establish establish- ing a common plane blane lane upon which the navy y and the marine marino can work Asserting Asserting- that for Cor the time being at least the merchant marine marino should not be bo placed exclusively under either cither the government or private control Ad Admiral Ad- Ad miral eaves Cleaves urged that In framing a policy we should watch closely tho method methods methods' of or foreign governments Change e In Ia Lawns Favored It Is manifest that our shipping Industry Industry In In- du try must be backed by our government government government govern govern- ment and that our navigation la laws s 's must be changed to the extent necessary necessary necessary sary to assume competition with foreign foreign for tor- eign shipping on a basis of ot parity ha he said At the same time to h hasten ten the stabilization of oC trade conditions private ate vate enterprise should be encouraged to enter the shipping shipping- business at once and as things s settle down take over ovel overstep overstep I step b by step a larger share of ot tho time manag management man- man m nt I ag WC vc must adopt a point or of view that thata a large huge and sufficient merchant marine is an absolute abs lute necessity for tor our national nation nation- al prosperity and possibly for our national national na na- na- na existence Sea Power Pourer Return The operation of oC merchant shipping by the navy is not exactly professional and from the military point of view might be bo entered upon with some anxiety V lety but In this as in any other emergency emergency emer emer- gency genc there could bo be no question as asto asto asto to the spirit In which the time navy would perform an any dut duty assigned A bright future futuro is before beCore us and lud ItIs it itIs itIs Is up to us to make malee it good Out of ot this war our merchant marine like the tho phoenix has after aCter years risen from its Us ashes And as In the tho past our famous Camous clipper ships with their white while sails dotted the waters of ot the seven se seas and the tho Yankee whalers carried our flag Jag from Crom pole to pole BO so 0 now no the tha smoke of or our steamers may be seen in er e every trade route |