Word: cargos
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Into the waters of the East Pascagoula River last week slid the 492-foot, 8,900-ton cargo ship Exchequer - first ship launched from Ingalls Shipbuilding Corp.'s brand-new ways at Pascagoula, Miss. Lat est addition to the Maritime Commission's new U. S. merchant marine (500 ships in ten years), the $2,600,000 cargopassenger carrier held more than passing interest for U. S. shipbuilders. She was the largest all-welded general cargo ship ever built...
...month-old twins; a weeping woman who had to leave her Norse husband and two children; oilmen from Russia, the Balkans, Arabia; swarming European-Americans in third class who gabbled in Italian, Norwegian, Danish; enough black-tied plutocrats, equally scared, to inspire Captain George V. Richardson to dub his cargo "refugees in dinner coats"; seminarians from the North American (Catholic) College in Rome, relaxing in sport clothes as bright as Joseph's raiment. Also bound westward (from Ireland) was the refugee-laden President Roosevelt. Cracked incorrigible Londoners, awaiting Hitler's bombs: "Gone With the Wind...
...Loening, "work out at so high a price that it costs just as much per pound to ship a pair of shoes as it does to ship your wife. But with this difference, the box of shoes does not need a stewardess, or heat, or soundproofing or comfortable chairs, cargo needs no electric lights, no toilets, no lunch, and no fancy advertising promotion, elaborate ticket office or copilot. . . . The most important thing is to get the rate down, and at once, and this cannot be done under the present setup...
...navy is shorebound without a merchant marine, which brings it food, supplies, oil. (One 10,000-ton cruiser at full power burns oil at the rate of 35 tons an hour.) In U. S. shipyards last week this lifeline-a brand-new merchant fleet-was also building: 118 cargo ships ordered by the U. S. Maritime Commission at a cost of better than $300,000,000. For a fillip, the yards had another $40,000,000 or more of private tankers and cargo ships under construction. To the U. S. shipbuilding industry, this added...
...feast & famine industries, shipbuilding knows the worst extremes. Dependent on the Navy and (for most cargo vessels) on Government subsidy, it waxes fat or lean in direct ratio to Administration policy. From 1865 until World War I it piddled along on Navy contracts, built only enough merchant ships to carry 15% of U. S. foreign trade. When that war came, the "Bridge of Ships" frenzy gave it a $3,000,000,000 handout for 2,300 merchant vessels, mushroomed it to 211 yards...