Speech #790157992

Both the House bill and the Senate amendmentsection 8 (c) -include special provision for transfer of warbuilt vessels in settlement of claims arising in this war against the United States. for just compensation in titlerequisition cases. and for indemnity for loss in case of vessels lost while in use by the United States. The House provision limited this authority to such claims by citizens. The Senate amendment does not so limit the status of the claims. but provides that no vessels may be transferred in settlement of a claim unless the vessel is available for sale under the bill to the claimant in question to prevent evasion of the provisions of the bill with respect to the sale of vessels to noncitizens. The conference agreement adopts this amendment. The Senate amendmentsection 8 (d)-included the transfer of vessels in exchange for vessels constructed in the United States since January 1. 1937. and taken for use by the United States in any manner.