Merchant Marine Act of 1928
- Merchant Marine Act of 1928
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The Merchant Marine Act of 1928 is currently printed in the United States Code in Title 46A (Shipping Appendix) Chapter 24A.[1]
(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.
References
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- United States law
- Merchant marine
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