...as fixed by the law. Now section 1 of the shipping act sets forth the purpose and policy and states: It is necessary for the national defense and for the...that the United States shall have a merchant marine of the best equipped and most suitable types of vessels sufficient to carry the. greater portion of...

...merchant marine act, 1920. Section 1 of said act contained a declaration of policy as follows : "That it is necessary for the national defense and for the...that the United States shall have a merchant, marine of the best equipped and most suitable types of vessels sufficient to carry the greater portion of...

...such contracts and loans clearly defines the purpose (title I, Merchant Marine Act, 1920) — " that it is necessary for the national defense and for the...that the United States shall have a merchant marine of the best equipped and most suitable types of vessels sufficient to carry the greater portion of...

...(49 Stat. 1985, 46 USC 1101) states that "it is necessary for the national defense and development of its foreign and domestic commerce that the United States shall have a merchant marine . . ." Surely, if an agency is directed by statute to promote and develop an industry, it is only doing...

...of the US maritime program is set forth in the Merchant Marine Act of 1936 (as amended) which states that the United States shall have a merchant marine: • Sufficient to carry its domestic waterborne commerce and a substantial portion of the waterborne export and import foreign...

...now if we are ever to achieve the stated purposes of the Merchant Marine Act of 1936, which provide that "The United States shall have a merchant marine sufficient to carry its domestic waterlwrne commerce and a substantial portion of the waterborne export and import foreign...

...secure bottoms for neutral peaceful trade." "It is necessary for the national defense and development of its foreign and domestic commerce that the United...shall have a merchant marine . . . sufficient to carry ... a substantial portion of the water-borne export and import foreign commerce of the United States...

...the 1936 Merchant Marine Act states that: "It is necessary for the national defense and development of its foreign and domestic commerce that the United States shall have a merchant marine * * * capable of serving as a naval and military auxiliary in time of war or national emergency * *...

...marine. In our opinion, the Declaration, ". . . it is necessary for the national defense and development of its foreign and domestic commerce that the United States shall have a merchant marine (a) sufficient to carry its domestic water-borne commerce and a substantial portion of the water-borne...

...Marine Act of 1936, as amended, states in part: It is necessary for the national defense and development of its foreign and domestic commerce that the United States shall have a merchant marine * * * manned with a trained nnd efficient citizen personnel * * * It is hereby declared to be the policy...