The following text may have been generated by Optical Character Recognition, with varying degrees of accuracy. Reader beware!

j hehe fight against the very existence of an American Mer- chant Marine, which seemed to have been concluded with the passage of the Shipping Act of 1928, has been renewed with greater intensity than.ever. American shipping now has to combat all the ingenuity and diplomatic skill that its foreign rivals can muster as well as political assaults at home. Sup- ported by various elements within our own country, alien forces have boldly challenged our Government’s policy and are spreading misinformation through cleverly designed, anti- American propaganda. The best way to fight this enemy at the door is to see to it that all Americans understand that the existence of an ade- quate fleet of American ships will develop our foreign markets; check excessive ocean freight rates; protect against interrup- tions in service; retain for America a fair share of the revenue derived from her vast overseas trade; benefit industry and business throughout the land; increase employment of Ameri- can workers both ashore and afloat; contribute to this country’s international prestige and serve in the national defense. When these facts become common knowledge the wolf will get short shrift. NEW YORK SHIPBUILDING CORPORATION Main Office and Yard: New York Office: CAMDEN, N. J. 420 LEXINGTON AVENUE 4 MARINE REVIEw—July, 1934