Emergency Fleet Corporation
Emergency Fleet Corporation (EFC) was formed by the US Shipping Board to acquire, design and build sufficient shipping for the US to conduct operations in World War I. The EFC found that US shipyards were too few and small to meet the needs; contracts were awarded to foreign yards in Japan and China. The EFC also contracted with private companies to form new yards, called "Agency Yards". These would be assembly yards, building prefabricated ships, rather than using traditional methods.
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Famous quotes containing the words emergency, fleet and/or corporation:
“In this country, you never pull the emergency brake, even when there is an emergency. It is imperative that the trains run on schedule.”
—Friedrich Dürrenmatt (1921–1990)
“They ... fleet the time carelessly, as they did in the golden world.”
—William Shakespeare (1564–1616)
“What I am anxious to do is to get the best bill possible with the least amount of friction.... I wish to avoid [splitting our party]. I shall do all in my power to retain the corporation tax as it is now and also force a reduction of the [tariff] schedules. It is only when all other efforts fail that I’ll resort to headlines and force the people into this fight.”
—William Howard Taft (1857–1930)