NAVY APPROPRIATIONS HEARINGS AND BRIEFS BEFORE THE SUBCOMMITTEES OF THE COMMITTEE ON FINANCE UNITED STATES SENATE SIXTY-FOURTH CONGRESS SECOND SESSION ON H. R. 20573 AN ACT TO PROVIDE INCREASED REVENUE TO DEFRAY THE EX. OF FORTIFICATIONS, AND FOR OTHER PURPOSES Printed for the use of the Committee on Finance WASHINGTON 1917 REVENUE FOR INCREASED ARMY AND NAVY APPROPRIATIONS. MUNITIONS. TUESDAY, FEBRUARY 6, 1917. UNITED STATES SENATE, The subcommittee met, pursuant to call, at 10 o'clock a. m. in the room of the Committee on Education and Labor, Capitol, Senator Hoke Smith presiding. Present: Senators Smith of Georgia (chairman), Thomas, and James. Also present: Mr. John Quinn, Mr. Frederick E. Chapin, and Mr. Frank S. Bright. The committee proceeded to consider certain provisions of the bill (H. R. 20573) "To provide increased revenue to defray the expenses of the increased appropriations for the Army and Navy and the extensions of fortifications, and for other purposes." The chairman stated that the subcommittee would hear the representatives of the munitions manufacturers first and would postpone the hearing of the insurance representatives until 2 o'clock in the afternoon The CHAIRMAN. Gentlemen, will you let us know who is here, for whom you appear, and what your plan is for presenting your statements? Mr. Quinn, have you any suggestions? STATEMENT OF JOHN QUINN, ESQ., OF NEW YORK CITY. Mr. QUINN. Gentlemen of the subcommittee: Last Saturday Senator Simmons, the chairman of the Senate Finance Committee, in response to numerous telegrams of protest that were sent by various firms and corporations engaged in the munition business requested that the persons who desired to be heard should avoid as much as possible repetition in the presentation of their facts and arguments, and it possible confine the presentation of their case to one statement or at the most to two or three. That was the substance of a letter that the clerk of the Senate Finance Committee at the request of its chairman sent to me. Senator THOMAS. You can save a good deal of time by doing that. Mr. QUINN. I agree, Senator Thomas, with that fully. I came here Saturday morning and spoke to Senator Simmons about the hearing. Senator Simmons said that was the wish of the committee. I thereupon telephoned to one of my associates in New York to telegraph to |