LATEST CABLE NEWS AMERICAN ITEMS.

Hokitika Guardian, 19 May 1925, Page 3

LATEST CABLE NEWS AMERICAN ITEMS.

henry korivs intentions. [I’IiUTEUS TeIKCBAMB. ! (Received this day at 11.25 a.in.) NEW' YOUK. .Msiy IS. A telegram Iron! Detroit snys Mr Koril proposes to sirup four hundred ships of the I’nited States Shipping lloiird, using I In- niiiterial Tor uutomoliilc coiistruel ion, provided his oiler to purchase the vessels is accented. Mr Kurd, interviewed, declared he did not intend to operate a commercial fleet. He says—"l am willing to pay the (fovernnicnt what the ships are Worth and if I get. them I will scrap them to the last ounce of iron, steel and I trass. .Mr Kurd estimated it would cost half a million dollars to tow the ships to Detroit and another hall million to dismantle them and he would employ a thousand men. Mr Kurd declared that he might buy a limited number of the larger and better constructed ships to use in delivering automobiles to loreigu countries, hut he asserted that these vessels would not he common carriers, merely bringing fruit and other commodities to make the return voyage pay. lie would convert such ships into oil burners.

MR KORIYS OKKER. NEW YORK. May 18

Mr Koril. explaining his oiler to buy four hundred of the Shipping Hoard vessels says he proposed throwing them into the melting pot and make more ears, lie might use about twenty for transporting ears <>verscas, He has no intention ol entering the shipping husi-

STEAMER FOUNDERS. plloafetved this day at 9.15 a.in.) AIOXTKYIDEO, -May IS. The British steamer Trehawke a month ago struck a roe" sixty' miles south of Cape I’ilax, foundering immediately. Thirty-four of the crew crowded into two lile boat*. 1 hey rowed aimlessly lor several days and they were fearfully exhausted when the Norwegian steamer Taloiua sighted them. So great was the rush to get aboard the Tahima that two lost their lives. The survivors arrived here to day.