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President Harding's address on merchant marine reform
President Harding urges Congress to approve a plan to reduce Treasury losses from government maritime operations by shifting to privately owned ships with government aid. He warns of continued annual losses of about 50 million and a decaying capital account, arguing for a merchant fleet built on private initiative with limited aid linked to performance.
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Washington
Prestnict Harding
Songrews
Congres
Snvernment
Congress
Waa- Hse
Lowes
Lawsen
America
Tri Unp
Eringe Pelvele
Nome
Treasury
Publc
Jfirat
Governmeine
Upland
Amazon
Hoe
Jolee
Murest Justler