In announcing details of the programme, Chairman Kennedy stated that as a result of negotiations looking to adjustment of the present forty-two ocean mail contracts a total of twenty-eight applications for construction differential subsidies are in view. He indicated the five-year programme calling for construction of ninety-five vessels would be accomplished partially under the Go ernment ownership and private charter plan ås set out in Title VII of ihe Ship Subsidy Act and partially under the private ownership and operation plan embraced in Title V. of the act.
Commis:
joner Land, in charge of
Text read from the printed page and cleaned; old type leaves the occasional error.