U.S.A. COMPENSATION
FOR GERMAN LINERS. (United Press Association.—By Electric Telegraph.—Copyright.) LONDON, March 11. 'Hie Morning Post’s Berlin correspondent says: The American arbitrator lias given ail important decision in connection with the compensation to Herman firms for the ships confiscated by the United States during Hie war. America is only liable for commercial vessels, so the arbitrator lias allowed the claims in respect of the North German Lloyd’s liners, Princess Alice, the Coblenz, and Hamburg Amerika Line’s Holsatia and Sambia, but has rejected the claims in respect of the North German Lloyd’s Prince Kite! Frederich, Krou Prinz Wilhelm. Locksum and the Hansa ship Lisbenfels, on the ground that they were effective naval units. All the other claims are admitted, but the assessment of compensation is most difficult.
'fbe Germans say they are entitled to two hundred and.thirty million dollars, whereas the American Naval Board value the confiscated ships at thirty-four million dollars; but it is anticipated at Berlin that a com promise will be arranged at one hundred million dollars.
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Hokitika Guardian, 12 March 1929, Page 5
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169U.S.A. COMPENSATION Hokitika Guardian, 12 March 1929, Page 5
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