32 OPERATING PROBLEMS OF THE AMERICAN SHIPOWNER. 
Congress of the United States known as “A Bill to Amend and Supplement the Merchant 
Marine Act of 1920, and for other purposes,” desires to go on record as heartily favoring the 
early enactment of this measure into law. 
This Society considers it of vital importance that our country place itself in a position 
to carry its surplus products to competitive foreign markets in ships owned in America and 
of American registry, as a matter of prudence and economy, in time of peace, and as a meas- 
ure of national defense in time of war. Be it further 
Resolved, That a copy of this resolution be forwarded to the President of the United 
States, and to the Senate and House committees having jurisdiction of the pending measure. 
Tue PresipENT:—Gentlemen, you have heard the resolutions. Does anybody desire 
to discuss them, or to suggest any amendment? 
Mr. Rosert F. Hanp:—Mr. Chairman, it may be rather presumptuous on my part to 
make any suggestion in regard to this motion, as I am here as a guest and not as a member 
of this Society; but as the resolution is worded it would indicate that this Society is in 
favor of these bills as now written. My suggestion would be that the Society goes on rec- 
ord as favoring these bills in principle. 
THE PRESIDENT :—! think that is understood. No one can know now what the details 
of the bill will be when it comes out. 
Mr. Hanp:—That is very true, but in the discussion this evening and in Captain O’Don- 
nell’s paper, no mention is made of the part of the industrial owner; that is, the shipowner 
that carries his own cargo; and there is a very marked discrimination in the bill against those 
owners, and I would like to see something in that resolution that the subsidy or the aids em- 
bodied in these bills be extended equally to all types of ships, irrespective of the ownership. 
Tuer PRESIDENT :—I must say that I do not agree with you, sir, in this respect. I have 
been through this very same experience that this committee has had, as a member of a simi- 
lar committee in another organization, to draw up resolutions, and we were met by exactly 
that same kind of question. One member of the committee right away said he did not agree 
with certain detailed features of the bill. I said to him, well, if we start out by saying we 
approve the bill except certain things, and we would like to have something else done with 
those, that would just ruin the whole effect of what you say. To me this resolution clearly 
means that we approve the bill in principle; we know perfectly well it is going to be modified. 
Mr. Joun L. Bocert:—Mr. Chairman, I move you that the report of the committee be 
accepted as it has been read, and that it be the sense of this Society and adopted as such. 
Mr. Mason S. CHAcE:—I second the motion. 
Tue PRESIDENT :—Gentlemen, you have heard the resolutions and you have heard the 
motion to adopt them. If there is no further discussion, all those in favor will please say aye. 
(Ayes.) Good and hearty now; those in favor say aye. (Ayes.) Opposed, no. (No 
response.) The ayes have it unanimously, and the resolutions are adopted. 
