AMERICAN MERCHANT MARINE.
PROPOSAL. in cuu—nass asbociatiox— copyright.) kmuuur and v.z- cable association.) (towired November 10th, 9.35 p.m.) WASHINGTON, November 10. Hwwd Hurley, war-time chairman **b United States Shipping Board, b* tahmitted to the Board a corapre■bbt» programme for the reorganisa--2* »M building up of the American jweJunt Marine. He deprecates the "sty idea and prefers to have •Cons'* create a revolving fund of «jK)0,00O dollars to loan for ship■ildine at low interest rates, making j'powble for American shipbuilders »compete with foreign builders. *» advocates the railways entering ]r> dapping business, particularly ™J* Wth lines which are being *?W into a large system. He |**U out that great savings would "•He from this reorganisation. •
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Press, Volume LXIII, Issue 19155, 11 November 1927, Page 9
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113AMERICAN MERCHANT MARINE. Press, Volume LXIII, Issue 19155, 11 November 1927, Page 9
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