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Considers. H.R. 10022, to extend for 2 years the "obsolete vessel" requirements for trade-in vessels. H.R. 10023, to continue the increased subsidy for new ship construction and to eliminate all subsidy limitations for ship reconstruction. H.R. 10182, to increase and equalize Federal war risk insurance coverage for construction-subsidized vessels.
[pt. 1]:Considers legislation to revise Federal shipbuilding and operating subsidy programs, to authorize Federal investigations of employment and wage conditions on subsidized vessels, and to authorize a shipbuilding contract allocation program to maintain regional shipbuilding employment levels; pt. 2: Considers legislation to authorize Commerce Dept acquisition of vessels and material for emergency and war purposes and to revise methods for payment for construction and computation of depreciation on reconstructed vessels. Immediate effect of legislation would be to authorize Government purchase of Monterey and Mariposa to be utilized as troop carriers.
Considers. S. 1956, to amend the Merchant Marine Act of 1936 to allow subsidized vessels to forego subsidy repayments if a majority of its miles are logged between Alaska and British Columbia. S. 2618, to authorize Commerce Dept to acquire older merchant marine vessels to be refurbished in exchange for more modern vessels. S. 3018, to authorize the Maritime Administration to advance mortgage payments on behalf of vessels insured under Federal mortgage guarantee programs. S. 3188, to amend the Merchant Marine Act of 1920 to prohibit Canadian vessels from transporting merchandise between the continental U.S. and Alaska. S. 3189, to allow only ships rebuilt entirely in the U.S. to engage in coast-to-coast trade.
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