Role of the U.S. Merchant Marine in National Security; Project Walrus Report (1959) / Chapter Skim
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INTRODUCTION
INTRODUCTION
Pages 1-3
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In 1935, with the war-built fleet in a condition of obsolescence, the President proposed legislation designed to discard the obsolete mail contract program and to establish a forthright program of construction-differential and operating-differential subsidies. This program was embodied in the Merchant Marine Act of 1936 and is the basic policy under which the nation is operating today.
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Foreign shipping policies and the number of relatively new foreign flag ships are causing increasing difficulty in meeting foreign flag competition, even for the subsidized portion of the U
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The Panel has found important areas of common agreement among its members, who represent many diverse interests and disciplines. The Panel hopes and believes that its recommendations will prove of value to the Maritime Administration in orienting its research and development program, for the generation of such guidance was the precise purpose for creating the Maritime Research Advisory Committee.
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