Show TO AID PASSAGE OF SHIP PURCHASE BILL Senate Commerce Committee Will Sub mit Report and Outline Reasons for Enactment WSHINGT(. Dec 8 To gem petus to the admin st atlon movement for ear y passa e of t e government s p purchase b the senate comme ce com mtee wh ch reported t e b favorab y before the Chr stmas recess w I subm t wthn a few days a report on the n eas ure out n ng easons for its enactn ent Senator F etcher act ng chairman of the comm t ee today said that every ef fo t would he made to bring the subject before the senate for gene al d scuss on w thin the next f ew w eeks The b 11 con temp ates the c eat on of a sh pp ng board throug w c the Un ted & ates would subsc be to the cap tal stock of a co porat on to be created for t e op erat on of sh ps purchased or leased for commerce between t s country and for e gn nat ons In tl e forthcon ng report t w he urged that transpa tat on conditio s e su tant f om the European wa make t necessary for t e Un ed S ates to en gage in ocean t anspo tat on for t e bene fit of its com nerce and t at econom es n sh pp ng of American goods could be nst tuted wen a compa at e short t me w ou d more than pay for t e on templated n estment |