559 
boats have been built since 1964. So I don’t believe that your bill 
would meet the goal that we have of upgrading and benefiting our 
existing fishing industry. I wish it would. 
Senator Pet. It would certainly be to the interest of our taxpayer 
because it would relieve two balancing subsidy programs. 
Mr. Pretiy. I must say that it would benefit the taxpayer but it 
would not do the same to the shipbuilding industry which looks to 
these construction jobs for its livelihood. IT wouldn’t like to see that 
business go abroad. 
Mr. Garmatz. Will the gentleman yield ? 
Mr. Lennon. You have the floor. 
Mr. Garmartz. I would be happy to send the Senator a copy of our 
bill and a copy of our hearings. We don’t want to take up the time of 
the oceanographic people here this morning on fishing vessels. Thank 
you very much. 
Mr. Lennon. Here is specifically a recommendation of the Com- 
mission. 
‘Senator, when did you introduce your bill, S. 2230? 
Senator Pett. On May 23. 
Mr. Lennon. Do you have any reason to believe that your sub- 
committee or your full committee will report out a bill to the Senate 
which will provide for removing the existing restriction on the use 
of foreign-built fishing vessels ? 
Senator Pett. Absolutely none. I don’t think it will get through. 
Mr. Lennon. That is what I would assume. 
Senator Pett. It’s referred to the Commerce Committee, not to my 
own committee. 
Mr. Lennon. But it will not pass there just as it would not here. 
Senator Pet. No. 
Mr. Lennon. Even though it is a recommendation of the Commis- 
sion, and I would like generally speaking to follow the recommenda- 
tions of the Commission, because I know they made a study in depth. 
I think we must recognize that if this would come to pass then the next 
proposal would be the construction of merchant vessels in foreign 
yards. That would be the subsequent step and the plea, that we had 
to do that too to avoid the ship-construction differential subsidy. 
So we are impaled on the horns of not one but two dilemmas. 
All right, the next gentleman is the gentleman from Virginia, Mr. 
Downing. 
Mr. Downtne. Thank you, Mr. Chairman. 
I, too, want to add my compliments, Senator, to you for the state- 
ment which you brought to us, and I must say that you don’t lack 
for courage in advocating allowing fishermen to buy foreign-built 
vessels. 
Also on page 10 you make the statement, “To me both of these fac- 
tors’—that is the fact that the United States has 10 percent of the 
world Continental Shelf and the fact that we are the leader in the field 
of applied marine technology—“To me both of these factors mean that 
it is to our advantage to limit coastal authority.” — 
I wonder if you would mind expanding a little bit on that. What do 
you mean by “limit coastal authority” ? Rin 
* Senator Perx. I should have spelled that out further. My point 1s 
that it is not in the interests of the United States to permit an unlim- 
