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Show LACK OF MINE FOLIC DECRIED Private Capital Waits to See What U. S. Will Do With Wartime Fleet WASHINGTON, Dec. 14. The government's gov-ernment's failure to outline a definite future policy with regard to the merchant mer-chant marine Is holding development of American shipping by private e.ipl-Jtnl e.ipl-Jtnl practically at a standstill. William I Den in an, first chairman of the shipping ship-ping board, declared today before the li-Mi,. committee Investigating operations opera-tions of the board. "No one knows what the policy of ,the government will he." Mr. Denman said "Private Shipping companies won't no ahead with construction programs pro-grams when they do not know what the government Intends to do about disposing of ships it already has con-structed." con-structed." The government must assist if Hie United States is to have r largo pri-vaio pri-vaio merchant marline, Mr. Penman said, adding that fne government should qui) "drifting along on British land German propugandu In regard to shipping as it has for years." oo |