What's wrong with the U.S. merchant marine? After the late President Roosevelt's "bold and daring" plan for its development was dropped late last year (for lack of building materials), President Truman appointed a committee of five non-shipping men to find a new answer. Last week, after eight months of exhaustive study, the committee reported that the main trouble with the merchant marine was that there just was not enough of it.
The committee, headed by K. T. Keller, president of Chrysler Corp., recommended to the President the immediate adoption of a program to build 46 passenger vessels in the next...