Merchant Marine Act of 1928
Encyclopedia
The Merchant Marine Act of 1928 is currently printed in the United States Code
in Title 46A (Shipping Appendix) Chapter 24A.
(May 22, also called the “Jones-White Act”) – sponsored by Sen. Wesley L. Jones (R) of Washington and Sen. Wallace H. White (R) of Maine
, this law was an attempt to stimulate private shipbuilding
in the United States
and to financially assist the merchant marine in being competitive in the emerging global market. It did not repeal the La Follette Seamen's Act of 1915, but instead created Federal export subsidies
to big shipping firms. The subsidies were purported to offset the cost of having to pay seamen higher wages under the earlier act; however, the subsidies were larger than wage differences.
United States Code
The Code of Laws of the United States of America is a compilation and codification of the general and permanent federal laws of the United States...
in Title 46A (Shipping Appendix) Chapter 24A.
(May 22, also called the “Jones-White Act”) – sponsored by Sen. Wesley L. Jones (R) of Washington and Sen. Wallace H. White (R) of Maine
Maine
Maine is a state in the New England region of the northeastern United States, bordered by the Atlantic Ocean to the east and south, New Hampshire to the west, and the Canadian provinces of Quebec to the northwest and New Brunswick to the northeast. Maine is both the northernmost and easternmost...
, this law was an attempt to stimulate private shipbuilding
Shipbuilding
Shipbuilding is the construction of ships and floating vessels. It normally takes place in a specialized facility known as a shipyard. Shipbuilders, also called shipwrights, follow a specialized occupation that traces its roots to before recorded history.Shipbuilding and ship repairs, both...
in the United States
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...
and to financially assist the merchant marine in being competitive in the emerging global market. It did not repeal the La Follette Seamen's Act of 1915, but instead created Federal export subsidies
Subsidy
A subsidy is an assistance paid to a business or economic sector. Most subsidies are made by the government to producers or distributors in an industry to prevent the decline of that industry or an increase in the prices of its products or simply to encourage it to hire more labor A subsidy (also...
to big shipping firms. The subsidies were purported to offset the cost of having to pay seamen higher wages under the earlier act; however, the subsidies were larger than wage differences.