Herbert Hoover actually said...

The American people are no less courageous and no less wise than the people of other nations.

With the aid provided by mail contracts and construction loans, authorized by this act, orders have been placed for 45 new vessels of 500,00...

It has notably grown in trades where no American flag services previously were provided.

At no time since the glorious American clipper ship era has the Nation displayed such a keen interest in its ship activities.