Foreign trade zones (or free ports)

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Monograph

Identifikator:: 1801857903

URN:: urn:nbn:de:zbw-retromon-199077

Document type:: Monograph

Title:: Foreign trade zones (or free ports)

Place of publication:: Washington

Publisher:: United States Government Printing Off.

Year of publication:: 1929

Scope:: IX, 322 S; Ill., graph. Darst

Digitisation:: 2022

Collection:: Economics Books

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Chapter

Document type:: Monograph

Structure type:: Chapter

Title:: Part 1. General analysis

Collection:: Economics Books

FOREIGN TRADE ZONES 79 red an rine 1 of ria, the ree the ave tant f, of aste ship «nd, Far 1080 r of hat lian 1sul bly 1S a y of au- for ant RAT niki ort ons, ear ded less the increase in traffic be wholly absorbed by foreign lines, the merchant marine of the home country should be benefited. In coun- tries which are largely dependent upon other countries for the trans- portation of their foreign commerce, or which do not have an excess of vessel space to take care of increased business, the free port, even where instrumental in developing new trade, might not exercise a Pronounced influence upon the merchant marine. These conditions do not prevail in the United States. The United States Shipping Board was created by an act of Congress approved September 7, 1916, entitled “An act to establish a United States Shipping Board for the purpose of encouraging, developing, and creating a naval auxiliary and naval reserve and a merchant marine to meet the requirements of the commerce of the United States with Us territories and possessions and with foreign countries; to regulate carriers by water engaged in the foreign and interstate commerce of the United States; and for other purposes.” The act of June 5, 1920, known as the merchant marine act, sets forth the policies to be followed by the board in its administration of the merchant marine, nn the following language: . That it is necessary for the national defense and for the proper growth of its foreign and domestic commerce that the United States shall have a merchant Marine of the best equipped and most suitable type of vessels, sufficient to carry the greater portion of its commerce and serve as a naval or military auxiliary Ih time of national emergency, ultimately to be ‘owned and operated privately by citizens of the United States ; and it is hereby declared to be the policy of the United States to do whatever may be necessary to develop and encourage the maintenance of such a merchant marine. The question of the establishment of free ports in this country is one directly affecting the maintenance and operation of our mer- chant marine. We are seeking to expand our foreign trade and to bring about conditions which will permit the successful operation of our ships, It has been necessary for us to maintain service on some toutes which to-day do not offer enough cargo to return a profit to the operator. On other routes the load factor is unfavorable, and on still others we have been unable to secure a proper share of the trade, Particularly do we need to attract a larger share of the high- Pay commodities and the more valuable basic materials, such as those which have for many years filled the warehouses of London and Hamburg. Free ports properly located and properly designed {0 permit the most efficient handling, loading, and unloading of vessels should aid in the fulfillment of these basic needs. fa ng. TZO ted T=

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