Shipping Board Operations; Hearings Before Select Committee on U. S. Shipping Board Operations, House of Representatives, Sixty-Sixth Congress, Second[-Third] Session ... PT. 1[-14 and General Index and Table of Contents] Volume 9

Shipping Board Operations; Hearings Before Select Committee on U. S. Shipping Board Operations, House of Representatives, Sixty-Sixth Congress, Second[-Third] Session ... PT. 1[-14 and General Index and Table of Contents] Volume 9

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This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1921 edition. Excerpt: ...what the various elements of cost are and segregate them. The CHAIRMAN. They do not make a copy of the reports? Mr. MCKEON. No; they give me a summarized report of that and it comes to Mr. Adamson as the basis of his work. ' The CHAIRMAN. You submit that to Mr. Adamson? Mr. MCKEON. Yes, sir. The CHAIRMAN. Did you have come to you any audit of the Bethlehem Companies? ' Mr. MCKEON. We are now engaged in an audit of the Bethlehem companies. There has been-in the past an ordinary routine audit handled by our district officers through their resident auditors, but there is a special audit under way at the present time of all the Bethlehem Corporation transactions in the East. The CHAIRMAN. That is under way? Mr. MCKEoN. Yes, sir. The CHAIRMAN. Is that being made b the Fleet Corporation? Mr. MCKEoN. No, sir--the responsilliility is divided; the Fleet Corporation auditors are checking up the overhead and Perley, Morse & Company; public accountants are checking the labor and material costs. _ _ The CHAIRMAN. Whom are Perley-Morse being paid by? Mr.-IMCKEoN. By the Fleet Corporation. The CHAIRMAN. What is the occasion for their hiring Perley, Morse to do that work? Mr; MCKEoN. That is something, Mr. Chairman, that I could not explain; that was an arrangement entered into by the former Comptroller, with the approval of a former chairman. The CHAIRMAN. What former chairman? Mr. MCKEON. Judge Payne. The CHAIRMAN. And was that contract entered into between Perley-Morse and the Board? Mr. MCKEoN. Yes, sir. The CHAIRMAN. Do you know why it was separated, the overhead being done by the Shipping Board and the time and material by Perley-Morse?. Mr. MCKEON. Because of a controversy that arose between PerleyMorse & Co. and the Bethlehem Shipbuilding...show more

Product details

  • Paperback | 112 pages
  • 189 x 246 x 6mm | 213g
  • Rarebooksclub.com
  • United States
  • English
  • black & white illustrations
  • 1236747542
  • 9781236747549