100 Years of Failed Policy: The Jones Act
24 de may. de 2022 ·
16m 25s
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Descripción
The Jones Act passed in June, 1920 as Part of the Merchant Marine Act of the same year. Although it has been revised a number times, it remains law to...
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The Jones Act passed in June, 1920 as Part of the Merchant Marine Act of the same year. Although it has been revised a number times, it remains law to this day. Named after Washington Senator Wesley Jones, its goal was to develop and sustain one of the greatest merchant marine fleets in the world.
There was surprisingly little public debate on the matter.
The Merchant Marine Act was passed by a Republican controlled Congress and signed by President Woodrow Wilson, a Democrat.
Surely after 100 years, the effect of this act will have been to have created the strongest merchant marine fleet on the planet, with a robust ship building economy and vast armies oif merchant marine crews.
Unfortunately, that has not been the case. The US merchant marine fleet has grown weaker year after year. In 1960 the US Merchant Marine had 2,926 vessels, making up 16.9 percent of the world’s fleet, but today our fleet has been reduced to 182 vessels, which is 0.4 percent of the world’s vessels. Out of those 182, only 95 are “Jones Act Compliant”.
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There was surprisingly little public debate on the matter.
The Merchant Marine Act was passed by a Republican controlled Congress and signed by President Woodrow Wilson, a Democrat.
Surely after 100 years, the effect of this act will have been to have created the strongest merchant marine fleet on the planet, with a robust ship building economy and vast armies oif merchant marine crews.
Unfortunately, that has not been the case. The US merchant marine fleet has grown weaker year after year. In 1960 the US Merchant Marine had 2,926 vessels, making up 16.9 percent of the world’s fleet, but today our fleet has been reduced to 182 vessels, which is 0.4 percent of the world’s vessels. Out of those 182, only 95 are “Jones Act Compliant”.
Información
Autor | Paul Kristoffer |
Organización | Paul Kristoffer |
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