Nor does It Inchlde tire benefit to private shipowners by reason of elimination of the Army and Navy transport services. Mr. Lasker estimating that the net earnings to privately owned lines from this business in the Pacific alone would amount to approximately $5.000.000. Nor does it include benefits to the shipowners which do not Involve a burden upon the Public Treasury. such as the provision requiring onehalf of the erilgrants to come in Amerlcanflag ships. which Mr. Rossbottom estimated woul give the American shlpowners net profits of $8.500.000 even under the present 3 pet cent immigration law. As a matter of fact. Mr.
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