Show MADOO OUTLINES BILL BILLI 2 I M MEASURE ASURE WOULD PROVIDE THE UNITED STATES TES WITH NAVAL S AUXILIARIES S IN WAR WARTIME TIME Plan Which Will Probably Be Presented Present Present- Prese t- t I. I e ed i to C Congress at C Coming Session I I. I Proposes an Appropriation of I 5 Fifty Million Dollars Indianapolis Outlines of a new administration ad ministration shipping bill to provide the United States with naval auxiliaries auxiliaries aries arles in war time and to be used in u foreign trade in times of peace were made public Wednesday night by Secretary McAdoo in a speech to the business men of Indianapolis The new plan which probably will be presented to congress at the coming session proposes appropriation of 50 60 to be expended l by a shipping S board to consist of the secretary of the navy the secretary of commerce members officio ex and three m members mem mem- m- m bers hers to be selected by the president and confirmed by the senate The board would be empowered to toM M organize corporations and to subscribe to their capital stock in whole or in part It would have authority to vote the stock belonging to the United States in the election of directors The directors would choose hoose the officers and employees of the corporation and by that means Mr McAdoo declared th they y would be removed from political influence I The board would be authorized to establish steamship lines to countries where American trade needs such acceleration ac ac- ac- ac It might operate ships or orlease orlease orlease lease them to other parties It would have haye power also to reform navigation ruel rules and ad regula regulations ions study shipping problems and make recommendations to congress fox for legis legislation to encourage encourage encourage age and develop a great merchant maime maline marine ma ma- line rine under the American flag Further Mr McAdoo suggested that the ithe shipping board should have authority authority authority au au- au acting In in conjunction with 5 the interstate commerce commission r to to arrange for special through rates to i. i Z foreign parts so American railroads S and steamships might meet foreign competition in the markets of the world Secretary McAdoo laid particular emphasis on the need of naval auxiliaries aries arles in plans for preparedness for de de- de- de nse |