Ship Subsidies An Economic Study of the Policy of Subsidizing Merchant Marines
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In our eReader you can find the full English version of the book. Read Ship Subsidies An Economic Study of the Policy of Subsidizing Merchant Marines Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Ship Subsidies An Economic Study of the Policy of Subsidizing Merchant Marines
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However this may be along other lines, the American worker has never demonstrated any such superiority over the British in shipbuilding. On the contrary, because of the fact that the British output is so large, the various yards have been enabled to specialize. One yard con- fines itself almost entirely to the making of vessels of a certain type, and by this method of specialization is able to introduce various economies denied to the American builder.
STATUS OF AMERICAN SHIPPING 49 By virtue o...f the increased efficiency of a given unit of labor due to this specialization Amer- ica's foreign competitor has been able to more than overcome any natural superiority on the part of the American mechanic.
Taking increased cost of materials and high wages of labor into consideration, it is evident that at the present time the Ameri- can builder cannot compete with the foreign.
The persons appearing before the Merchant Marine Commission placed the cost in America at from thirty to fifty per cent above the cost in the British yard.
What to read after Ship Subsidies An Economic Study of the Policy of Subsidizing Merchant Marines?
You can find similar books in the "Read Also" column, or choose other free books by Walter Thomas Dunmore to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
However this may be along other lines, the American worker has never demonstrated any such superiority over the British in shipbuilding. On the contrary, because of the fact that the British output is so large, the various yards have been enabled to specialize. One yard con- fines itself almost entirely to the making of vessels of a certain type, and by this method of specialization is able to introduce various economies denied to the American builder.
STATUS OF AMERICAN SHIPPING 49 By virtue o...f the increased efficiency of a given unit of labor due to this specialization Amer- ica's foreign competitor has been able to more than overcome any natural superiority on the part of the American mechanic.
Taking increased cost of materials and high wages of labor into consideration, it is evident that at the present time the Ameri- can builder cannot compete with the foreign.
The persons appearing before the Merchant Marine Commission placed the cost in America at from thirty to fifty per cent above the cost in the British yard.
What to read after Ship Subsidies An Economic Study of the Policy of Subsidizing Merchant Marines?
You can find similar books in the "Read Also" column, or choose other free books by Walter Thomas Dunmore to read onlineMoreLess
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