Page 9: of Maritime Reporter Magazine (June 1969)

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Surveyor 7 panoramic view of moon landscape. Photo courtesy of NASA.

Reach for the moon... but don't let go of the tail.

Our country has been described as having the world by the tail but about to let go of it to reach out for the moon.

The description had better be wrong... for while putting a man on the moon is certainly important, there are matters on earth just as vital to our national security. Like putting more American ships on the sea.

Right now we are relying on foreign ships to carry nearly 95% of our im- ports and exports. That's a risky degree of dependence, because of 77 strategic materia]^ needed, we must import 66.

Worse, only 20% of our present mer- chant fleet is under 10 years old, while 80% is nearer 25. Meanwhile other nations are building more new ships than we are. Russia is taking delivery of eight ships to our one. She's outbuilding us in tonnage, too. So are thirteen other nations.

Unless we build more ships in U.S. yards, there's no guarantee we can get either ships or shipping when we might need them even more than now.

One of Todd's contributions to a stronger merchant marine was the crea- tion last year of the Marine Technology

Department to advance the technology of ship design and construction and to serve the growing oceanographic field.

Executive offices: One Broadway, New

York, New York 10004.

SHIPYARDS CORPORATION

SHIPYARDS: Brooklyn • New Orleans . Galveston

Houston • Los Angeles • San Francisco • Seattle

This is one of a series of advertisements appearing in a selected list of national magazines reaching leaders of industry, finance, the defense department, and the government.

June 1, 1969 11

Maritime Reporter

First published in 1881 Maritime Reporter is the world's largest audited circulation publication serving the global maritime industry.