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Download PDF, EPUB, Kindle Hearings Before Subcommittee of House Committee on Appropriations, Vol. 3 : Sixty-Fifth Congress, Third Session (Classic Reprint)

Download PDF, EPUB, Kindle Hearings Before Subcommittee of House Committee on Appropriations, Vol. 3 : Sixty-Fifth Congress, Third Session (Classic Reprint)

Hearings Before Subcommittee of House Committee on Appropriations, Vol. 3 : Sixty-Fifth Congress, Third Session (Classic Reprint) by Appropriations United States Congress

Hearings Before Subcommittee of House Committee on Appropriations, Vol. 3 : Sixty-Fifth Congress, Third Session (Classic Reprint)
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Author: Appropriations United States Congress
Number of Pages: 244 pages
Published Date: 27 Sep 2015
Publisher: Forgotten Books
Publication Country: United States
Language: English
ISBN: 9781331967439
Download Link: Hearings Before Subcommittee of House Committee on Appropriations, Vol. 3 Sixty-Fifth Congress, Third Session (Classic Reprint)
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Excerpt from Hearings Before Subcommittee of House Committee on Appropriations, Vol. 3: Sixty-Fifth Congress, Third Session Mr. Piez. Yes, sir. The Chairman. And 1,242 wooden ships of a dead-weight tonnage of 4,799,250 and 9 concrete ships with a dead-weight tonnage of 59,500, or a total of 3,425 ships with a dead-weight tonnage of 18,300,448. Mr. Piez. Yes. The Chairman. At an estimated cost of $3,423,713,218. Mr. Piez. Yes. Modifications of Program - Cancellations. The Chairman. To what extent is that an existing program and to what extent has it been modified and what is your program now, for which you want additional moneys to carry it through? Mr. Piez. The total commitments before our recent cancellations - I will give you the gross and then the net were for 1,990 steel vessels as against 2,174 in this program as submitted; 917 wooden vessels in the place of 1,292. Mr. Gillett. Of what date is this? Mr. Piez. These were the commitments in force December 31; and 22 concrete vessels instead of 9, making a total of 2,929 vessels instead of 3,425 included in the program submitted. The Chairman. With a tonnage of how much? Mr. Piez. With a tonnage of 16,196,761. The Chairman. And at a cost of how much? Mr. Piez. At an estimated cost of $3,370,763,087. That is the estimated completed cost, including all the labor advances and freight advances. We have canceled - The Chairman (interposing). First, while you had a program such as you have outlined to December 31, you did not nave an authorization or cash to anything like that total cost. You had been given a maximum amount tor the construction of ships of $2,884,000,000. Mr. Piez. This includes requisitions, too. The Chairman. I was just going to say that the statement we have been dealing with includes requisitions. Mr. Piez. Yes, sir. The Chairman. How much of it represented requisitions? Mr. Piez. In number of vessels it represented 391, with a deadweight tonnage of 2,725,481, at an estimated value of $505,395,246. The Chairman. You mean your program as of December 31? Mr. Piez. Yes, sir. The Chairman. Your requisition limit of cost was $515,000,000? Mr. Piez. Yes. The Chairman. So that, added to your limit of cost for the construction of ships, gave you a total of $3,399,000,000? Mr. Piez. There were transfers made there because both the authorizations and the appropriations included some authorizations for plant account. The authorizations, for instance, were for $2, - 884.000,000, but the latter amount was reduced, and included an item of $80,000,000 for construction of shipyard plants and other plants and $34,662,500 for dry docks and marine railways, if you will remember; and in our treatment of that we have always deducted, therefore, $114,662,500, making the net amount of the authorization $2,769,337,500 and the net available to us $3,284,337 500. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

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