Mr. President. in brief. a company without assets entered into a contract with the Shipping Board and secured the guaranty of its contract by another and sister company equally without assets. It is related further in the statement that not only has the United States Mail defaulted on its contract because of its failure to recondition ships as required by the contract. but that. insolvent though it be. it has sold steerage passage to wouldbe immigrants across seas for months in advance and used the sums received therefrom to carry o0 the insolvent business with a full knowledge that if it were brought to a halt the company cbuld not carry the wouldbe immigrants to whom it had sold passage.
Keywords matched
immigrants steerage