Shall It Be Again?

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The statements herein are based upon the abor- tive Senate hearing, and to a lesser degree, upon the brief "whitewashing" report of the Attorney-General to the President.
The Hog Island contract was let by the Emergency Fleet Corporation, September 13, 1917. It required the government to furnish every dollar of expense, including salaries, ofiice expenses, and every other outlay appertain- ing to the job — and every risk — except that required to purchase the land, which was to be used at an an
...nual rental of six per cent, of the alleged cost, with the privilege of subsequent purchase by the government. The company was to build shipyards and ships with the people's money.
Estimates of costs, figured by Stone & Webster, America's greatest engineering firm, and interlocked with the Ameri- can International Corporation, were made and entered in the contracts, but no limit to costs was set. Compensa- tion nominated In the bond was not patriotism, but a per- centage of the money expended.


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