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Joseph P Joe Kennedy Sr — Part 5

77 pages · May 10, 2026 · Broad topic: General · Topic: Joseph P Joe Kennedy Sr · 71 pages OCR'd
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and Takes Over Marine Tas Succeeds Kennedy as Chairman of Maritime [!«" im British yards 50 per cent Commission— Truitt” Named to Board. Teta mars TAT WASTINGTON, Feb. ‘Alay the task of revitalizin resident Roosevelt who als th aoe aehe, tetad mirsat © apponred Ady Vita Land io succeed = Jos“ph oo “Kepnedy chairman of t We ace pied yetlerday the af Mi. Kennedy. who ill ga ta London as Ambassador. The rew chaitman is 59 years old, retired chief of the Navy's Bureau i Gonstrection, and has bhren a Inember of the commission since fest April. As such, he has helped ! ctestle with ship eubsidics, labor Dan, ao-aignalion aitampf te hreite covelpre drade, Was Awarded Naty To Tit nut Mr. hired ierm on the commission. Ruasevel! Clenss eppointed Max © Rell Truith of St Lauis now commission -ounsel. Aids said if was a tem- Perary appointment, pendine the selection of a the West Coaagr. Admiral Land's thirty-nine vears in the n-vy included steady ad- vanrement in the construction corps to head the burean, a period of duty in the Bercau of Aeronautics and another as ar attache fo the em- ‘agay at London. He «as awnerded the Navy in the world war for distingvished servier in the designing and con- struction of submarines and for work in the war zone. job will pay $12,000 a veut. Associates sald Admira! Land's experiences as a qualified pilot, as assistant chief of the Burean of Aceanminlies, and as vice-president of the Gorceenheiin Fund for Pro Miotion of Acrenmaties, munlified hh operdenignivy ta direct develap- need drapaeennie alt dine representative from j Plane Sabeldies Approved, The Jee Senale Coaminerce Commil- yesturday approved Maritime ,Commissina tecommendalions that sehsidics be made svoailnanie for want passenger planes {ta fv the Atlantic and Pacitic. Meanwhile, publication of sel Keonedy Serre e il Tha Mg. ReeT Bhai tebe GAO - 4 f é/-7? . bie the assignment as a "nen and ta as » Maritime Commis- Cross. His new an ff 75 ¢ cy Ysand. a Celovado-born sailor and aviator, took overs, rpmempittee disclosed that the aa: marine act of 1936, which limits ministration, duce construction costs for an e€x- panded navy and merchant marine, is considering financial aid to small independent shipyards. ‘bids submitted by hig yards were rom” r i:oubles, high construction bids and | “They. ether difficittics encountered In the | d ntly un the nntion's | Treasury for years and appare Kennedy’s unex | :eph P. Kennedy, Hy a a British Coste Increase, _—succeeds Ken - Increased cost of construction is not restricted to the United States, Mr. Smith added. He said th British press reported costs had in the last year and a half. He + rejected as ‘‘unthinkable'’ Mr. Ken- nedy’s suggestion that new ships be built in foreign yards whenever ; P.) _—Rear Admiral Emory American prices were double prices abroad. Maritime Commission is pro- America’s merchant marine. iected on costs by the merchant uilders’ maximum profit to 10 - Per cent of the contract price, Mr. Smith declared. On the other hand, he said, the shipbuilder has no Ruaranty against joss. And after st disallowances and payment pf xes, he held, the shipbuilder's ton high. He said it was question- Pyofit is likely to be “‘consideratly able whether small yards could !*fs than 10 per cent.” handle commission orders for cargo vessels. Senator Lee, Democrat, of Okia- suggested that high hide from the larger yards indicated ‘eollusion’ and Senatar Clark. Democrat, of Missouri, added: have been = robhing ihe in an attempt to Mr. Kennedy had complained that linderwood & Us ace & * Adiniral Emory o. want to continue to rob it.” Will Defend Estimates. American shipbuilders were mr tared today to go before the Ma -| time Commission and defend es | mates submitted for the constru tion of new tonnage, according 1 | H. Gerrish Smith, president of the , National Council of American Ship- | bitilders. \ In answer to the criticism of Jos- retiring chairman af the commission, as made in 3 final report to President Roosevelt, Mr. Smith cited as reasona for the “alleged high bids’ higher labor and material costs. cambined wilh the requirements of design and specifications for the new ships. He called attention to an increase in shipbuilding Jabor casis fram 55.5 to 83.8 cents an hour in jess than five years, as contained in re- poris from the bureau of statistics of the Department of Laher. To this increased cost must be added, he said, 4 per eent ta meet roe'al security {axes and 2 per tent ta provide one week's vacation for Torkmen, now poncrally recs In the industry. Clipping from We. ORK SUN. ANDLXHD DATE: a A Co 5X Br Porwande ZD BY NEW YORE DIVISTON- = ~
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