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Show SHIPS AND INSURANCE The U. S. Chamber of Commerce, in discussing what disposition is to be made of government owned merchant ships advocates ad-vocates getting them into hand of private companies as soon as possible. In discussing the insurance question in connection with shipping it recommends that preference be shown for American underwriters and that the underwriting market of the world be used for insurance not covered by American underwriters, without intervention by government insurance. in-surance. The day is rapidly approaching when more encouragement and less discouragement discourage-ment of private industry must be the policy pol-icy of this governent if our industrial system is to develop as it should. Already American insurance companies compan-ies are handicapped when competing with foreign companies on account of multipli- city ofUiwsegESngtheir manner of TB doing business. tftt!9 M Our government's policy should be one 3 of cooperation instead of competition M with this industry. -. 1 |