1964

JOINT ECONOMIC COMMITTEE

CONGRESS OF THE UNITED STATES

EIGHTY-EIGHTH CONGRESS

For sale by the Superintendent of Documents, U.S. Government Printing Office
Washington, D.C., 20402 - Price 50 cents

JOINT ECONOMIC COMMITTEE

(Created pursuant to sec. 5(a) of Public Law 304, 79th Cong.)

PAUL H. DOUGLAS, Illinois, Chairman
RICHARD BOLLING, Missouri, Vice Chairman

SENATE

JOHN SPARKMAN, Alabama
J. W. FULBRIGHT, Arkansas
WILLIAM PROXMIRE, Wisconsin
CLAIBORNE PELL, Rhode Island
JACOB K. JAVITS, New York
JACK MILLER, Iowa
LEN B. JORDAN, Idaho

HOUSE OF REPRESENTATIVES
WRIGHT PATMAN, Texas
HALE BOGGS, Louisiana

HENRY S. REUSS, Wisconsin

MARTHA W. GRIFFITHS, Michigan

THOMAS B. CURTIS, Missouri
CLARENCE E. KILBURN, New York
WILLIAM B. WIDNALL, New Jersey

JAMES W. KNOWLES, Executive Director
MARIAN T. TRACY, Financial Clerk
HAMILTON D. GEWEHR, Administrative Clerk

II

ECONOMISTS

WILLIAM H. MOORE
GERALD A. POLLACK

THOMAS H. BOGGS, Jr.
ALAN P. MURRAY

DONALD A. WEBSTER (minority)

CONTENTS

STATEMENTS

Barton, Frank L., Deputy Under Secretary of Commerce for Transporta-

tion, Department of Commerce; accompanied by Robert A. Nelson,

Director of Transportation Research Staff, Office of Under Secretary for

Transportation; Daniel O'Keefe, Office of General Counsel; M. E. Parr,

Chief, Division of Trade Routes, Office of Government Aid, Maritime

Administration; E. K. Sullivan, Deputy Chief, Office of Research and

Development; and Maitland Pennington, Special Assistant to the Mari-

time Administrator__

Harllee, Adm. John, Chairman, Federal Maritime Commission; accom-

panied by Timothy J. May, Managing Director; James E. Maure, Assist-

ant to Chairman; and Robert J. Blackwell, Chief, Bureau of Hearing

Counsel..

Mater, Daniel H., Federal Maritime Commission..

COMMUNICATION

Page

605

645

669

Douglas, Senator Paul H.: Letter with attachment, from C. D. Martin, Jr.,

Under Secretary of Commerce for Transportation. -

639

EXHIBITS

Chart: Table 3: Profits of a U.S.-flag operator on trade route 12 (U.S.

Atlantic-Far East) export and import cargoes, 1963_--

Committee of European Shipowners, "Further Comments on Allegations

of Foreign-Flag Discrimination and Domination in U.S. Export Trade"

List: Ways in which the Department of Commerce has provided assistance

to the Federal Maritime Commission, exhibit submitted by Frank L.

Barton...

615

631

"Ocean Freight Rate Disparities," memorandum from Thomas H. Boggs to

Senator Douglas...

"Import Versus Export Ocean Freight Rates of the United States," exhibit

prepared by Dan H. Mater and Gordon P. Smith, Federal Maritime

Commission...

609

598

671