Republican (fascist/socialist) President Coolidge—without a constitutional amendment—signs the Jones-White Merchant Marine Act, providing 375,000,000 Dollars in loans and construction contracts to boost the shipbuilding industry, and subsidies to domestic corporations selling their products overseas.
[restored 6/28/2022]
Subsequent Events:
Authority:
“Law of the Jungle”
ccc-2point0.com/preface
References:
Merchant Marine Act of 1928, 45 Public Statutes at Large 628 (1928).
Calvin D. Linton, ed., The Bicentennial Almanac: 200 Years of America, 1776-1976, (Nashville, Tennessee: Thomas Nelson, 1975), 317.
Clifton Daniel, ed., Chronicle of America, (New York: Dorling Kindersley, 1995), 628.
us events
www.duke.edu/~charvey/Country_risk/chronology/us-events.htm
Current U.s. National Debt:
