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STUDY OF VESSEL TRANSFER, TRADE-IN
AND RESERVE FLEET POLICIES

MAY 8, 9, 14, JUNE 11, JULY 11 AND 23, 198

STANFORD

UNIVERSIT

SEP 4 1957

Printed for the use of the Committee on Merchant Marine and Fisheries

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O'Reilly, Harry E., executive secretary-treasurer of the maritime

trades department, AFL-CIO........

Weeks, Hon. Sinclair, Secretary of Commerce; Louis S. Rothschild,
Under Secretary for Transportation; and Walter C. Ford, Deputy
Maritime Administrator, Department of Commerce..
Will, J. M., Vice Admiral, USN, Commander, Military Sea Trans-
portation Service; Howard L. Collins, Rear Admiral, USN, Assistant
Chief of Naval Operations (Logistics); Roy A. Gano, Rear Admiral,
USN, Deputy Commander of the Military Sea Transportation
Service; and A. G. Schnable, Captain, USN, Office of Petroleum
and Transportation of Chief of Naval Operations__

Additional information-

660

552, 573

Letter, May 29, 1957, re tax effect on deposits in reserve funds,
etc...

547

III

534

Total United States oceanborne foreign trade by coastal area,
in tons of 2,240 pounds, 1956, table----

731

730

626

720

STUDY OF VESSEL TRANSFER, TRADE-IN, AND

RESERVE FLEET POLICIES

WEDNESDAY, MAY 8, 1957

HOUSE OF REPRESENTATIVES,

SUBCOMMITTEE ON MERCHANT MARINE OF THE

COMMITTEE ON MERCHANT MARINE AND FISHERIES,

Washington, D. C.

The subcommittee met at 10 a. m., pursuant to call, in room 219, Old House Office Building, Hon. Edward J. Robeson, Jr., presiding. Mr. ROBESON. I call the hearing to order. The hearing today is a resumption of a series of hearings started on March 27 to inquire into vessel transfer, trade-in and build, and reserve fleet policies under the administration of the Department of Commerce.

Prior to the Easter recess, the committee took extensive testimony from officials of the Maritime Administration and others on the subject of transfer policy in connection with the so-called trade-out-andbuild program.

Today we have asked the Maritime Administrator, Mr. Clarence Morse, to direct his remarks to the administration of the trade-in policy pursuant to the Merchant Marine Act of 1988 ject of the national defense reserve fleet establis

Merchant Ship Sales Act of 1946.

We will be glad to hear you, Mr. Morse.

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STATEMENTS OF CLARENCE G. MORSE, MARITIME ADMINISTRATOR AND CHAIRMAN, FEDERAL MARITIME BOARD; WALTER C. FORD, DEPUTY MARITIME ADMINISTRATOR; AND MARTIN I. GOODMAN, DEPUTY CHIEF, OFFICE OF SHIP OPERATIONS, MARITIME ADMINISTRATION, DEPARTMENT OF COMMERCE

Mr. MORSE. Good morning, gentlemen. We do not have a prepared statement but we have submitted to the committee a report entitled "Review of Vessel Trade-in Activities."

I think that if we just talk generally with reference to that document we can pretty fully advise the committee on our activities in this

area.

Mr. TOLLEFSON. What is this statement?

Mr. MORSE. That is a prepared statement which is limited to the reserve fleet policy which is one of the documents in this pamphlet which I have, but I had not gotten to it.

Mr. DREWRY. You are not going to read these, but only to refer to them?

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