The U.S. had acquired over a thousand vessels during World War I, and still owned most of them when Harding took office. Congress had authorized their disposal in 1920, but the Senate would not confirm Wilson's nominees to the Shipping Board. Harding appointed Albert Lasker as its chairman; the advertising executive undertook to run the fleet as profitably as possible until it could be sold. Few ships were marketable at anything approaching the government's cost. Lasker recommended a large subsidy to the merchant marine to facilitate sales, and Harding repeatedly urged Congress to enact it. The resulting bill was unpopular in the Midwest, and though it passed the House, it was defeated by a filibuster in the Senate, and most government ships were eventually scrapped.
The U.S. had acquired over a thousand vessels during World War I, and still owned most of them when Harding took office. Congress had authorized their disposal in 1920, but the Senate would not confirm Wilson's nominees to the Shipping Board. Harding appointed Albert Lasker as its chairman; the advertising executive undertook to run the fleet as profitably as possible until it could be sold. Few ships were marketable at anything approaching the government's cost. Lasker recommended a large subsidy to the merchant marine to facilitate sales and Harding repeatedly urged Congress to enact it. The resulting bill was unpopular in the Midwest, and though it passed the House, it was defeated by a filibuster in the Senate, and most government ships were eventually scrapped.