Show t- t Subsidies s Are Advocated r t Oakland Calif Nationalized subs tt dies lUes and Investments to make the I tion of the American merchant marine secure against cheap labor were advocated f t. t by Homer L. L Ferguson ft lent of the chamber of commerce of the United States and president of the Newport News Shipbuilding company In an address at a luncheon here The f government must furnish cheap money mune t to compete with cheap labor Ferguson fj l 2 son said Low rate lo loans ns must be made by the government go through proper proper pro pro- i per legislation to private ate Individuals for Investment In In made American ships f to carry A made American goods to for- for ign Ign ports |