The U. S. Shipping Board last week lifted its best foot and prepared to take a $16,000.000 step out of the bog of unprofitable Government shipping. The Senate, all nerves, screamed protests. The Shipping Board put its best foot back into the bog and waited. President Coolidge scowled displeasure at the Senate.
The U. S. owns today about 600 merchant vessels, 250 in active service. Its operating deficit last fiscal year was $16,279,369. For five years President Coolidge has been urging the sale of the Government's ships and retirement from such a poor...
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