American Flag Shipping on the Great Lakes: Hearings on H.R. 7474, Etc

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1950 - 281 páginas
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Página 239 - ... developing, coordinating, and preserving a national transportation system by water, highway, and rail, as well as other means, adequate to meet the needs of the commerce of the United States, of the Postal Service, and of the national defense. All of the provisions of this Act. shall be administered and enforced with a view to carrying out the above declaration of policy.
Página 89 - States, and whoever violates any provision of this section shall be guilty of a misdemeanor and subject to a fine of not more than $5,000, or to imprisonment for not more than five years, or both.
Página 132 - Whereas it is confidently believed that a better coordination of the terminal, transportation, and other facilities of commerce in, about, and through the port of New York will result in great economies, benefiting the Nation as well as the States of New York and New Jersey...
Página 270 - ... the Merchant Ship Sales Act by negotiation rather than by competitive bidding. I should point out, however, that the question of the desirability of competitive bidding has been raised...
Página 240 - The choice of shippers and travelers among competing transportation services will largely be determined by relative charges for the services rather than by relative costs of performing them. Unless, therefore, the rates charged by each mode of transportation reflect its true costs, we cannot hope for an economic distribution of traffic among the various modes, and it is only through an economic distribution of traffic among them that there can be any hope of developing and preserving the inherent...
Página 71 - California, sole owner of said vessel, and there is no mortgage or lien on record against said vessel in this office. Given under my hand and seal of office this 8th day of September, 1900, 10.40 am j Deputy Collector.
Página 27 - Act, and to install therein such special features, as may be necessary or advisable to make such vessel suitable for commercial operation on trade routes or services or comparable as to commercial utility to other such vessels of the same general type.
Página 27 - ... an obligation in a principal amount which does not exceed 75 per centum of the cost (as estimated by the Commission) of the construction, reconstruction, or reconditioning financed by the loan or advance, but in no event to exceed 75 per centum of the amount which the Commission estimates will be the value of the property when the construction, reconstruction, or reconditioning is completed...
Página 240 - ... in a sound economic position to express their comparative choices as to which kind of transportation they prefer. In these circumstances, competitive relationships within the transportation system are distorted, the relative economy and fitness of the alternative types are not truly reflected, an uneconomical allocation of capital is encouraged, and distributions of traffic will depart from true economic standards. Waste of public funds also is difficult, if not impossible, to check when special...

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