100 Years of Failed Policy: The Jones Act
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Description
The Jones Act passed in June, 1920 as Part of the Merchant Marine Act of the same year. Although it has been revised a number times, it remains law to...
show moreThere was surprisingly little public debate on the matter.
The Merchant Marine Act was passed by a Republican controlled Congress and signed by President Woodrow Wilson, a Democrat.
Surely after 100 years, the effect of this act will have been to have created the strongest merchant marine fleet on the planet, with a robust ship building economy and vast armies oif merchant marine crews.
Unfortunately, that has not been the case. The US merchant marine fleet has grown weaker year after year. In 1960 the US Merchant Marine had 2,926 vessels, making up 16.9 percent of the world’s fleet, but today our fleet has been reduced to 182 vessels, which is 0.4 percent of the world’s vessels. Out of those 182, only 95 are “Jones Act Compliant”.
Information
Author | Paul Kristoffer |
Organization | Paul Kristoffer |
Website | - |
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