b) The second category of economic benefit 

 resulting from the availability of public 

 port facilities in Boston is the 

 transportation savings to Nev England 

 shippers. These are savings realized because 

 shippers are able to use Boston rather than 

 more distant ports. New England shippers 

 saved from SIO to S33 a ton by shipping 

 through Boston. 



c) The third category of benefits is the 

 indirect impact on other businesses and the 

 general public as the result of the 

 multiplier or "ripple" effect of the direct 

 revenues. The multiplier impact of port 

 activities was not calculated in the 1990 

 Economic Impact Report. However, a multiplier 

 of 2.5 is customarily used in assessing the 

 economic impact of a port. This results in an 

 additional annual impact of S500 million. 



Finally, those in Washington responsible for keeping such 

 things, tell us that each SI billion of U.S. exported manufactured 

 goods provides something like 40,000 jobs for American workers. This 

 formula when applied to the value of manufactured goods exported via 

 Boston, yields 4,<.80 employment opportunities throughout the port's 

 hinterland. It is difficult to determine with any degree of accuracy, 

 whether or not the numbers we have quoted are correct right down to 

 the last digit. But statistical purity, even if it could be achieved, 

 is not really as important as the message these figures convey. And 

 that message is - port activities create iob ooDortunities and benefit 

 the public at lar^e . 



Thus, while proper management of scarce Stellwagen Bank 

 resources is a worthy objective which unquestionably demands "across 

 the board" support; from the loftiest government agency to the most 

 common citizen on the street - we respectfully urge that in its quest 

 to preserve valuable Bank resources. NOAA not overlook the impact its 

 proposed regulations could have on another equally endangered, 

 priceless asset - The Copmerce of the Port of Boston . 



We are enclosing poster provided by the Boston Shipping 

 Association, Inc. which I think says it all. 



Sincerely, 



MASSACHUSETTS PORT AUTHORITY 



R. Moriconi 

 Deputy Port Director-Adjuinistration 



Page G112 



