be less social waste of men and vessels 

 plus more profitable operations for remain- 

 ing interests. Utider presently poor yield 

 conditions, fleet effort could be cut 50 

 percent without in^salrlng supplies but 

 making profitable operations possible. 

 Secondly, it Is seen that, conversely, 

 there is no justification for fleet expan- 

 sion if the expansion be directed toward 

 exploitation of Georges Bank haddock. 



Thirdly, until more normal brood years 

 return, present fishing operations will 

 remain financially hazardous and unattrac- 

 tive to new investment. Fburth, there is 

 a continuing need for fxirther research on 

 the causes of the fluctuations in ab\m- 

 dance and on the possibilities of further 

 mesh changes designed to postpone the age 

 of first capture and thus ultimately to 

 increase poundage landed. 



53 



