CANCELLED CONTRACTS
U.S.-AUSTRAUAN SHIPS LINE TO BE SOLD By Cable.- Press Association .- Copyright. WASHINGTON, Tuesday. The Washington Shipping Board has deferred action on Commissioner Teller's proposal to end Swayne and Hoyt’s operation of ships between America. Australia and the Orient. It is believed that the board will continue Swayne and Hoyt’s contracts until the line is sold. Bidding for its purchase will open here on February —A. and NJZ. A message from Washington on Janu■T IT said that Mr. Teller, a coramisof the United States Shipping "®srd, had presented a resolution that hoard terminate the provisional contact under which Swayne and Hoyt, incorporated, had been operating vessels t*tween the United States and Australia. Teller proposed that the vessels be returned to the Emergency Fleet Corpor*uon for operation until they are sold to OTjjjate interests. T “ e United States Shipping Board contracts between it and j**ayne and Hoyt. Incorporated, on the that Mr. W. S. Hill, one of the ■“PPing board commissioners, accepted v. on note from Swayne and Hoyt. he did not dream the loan be improper.
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Bibliographic details
Sun (Auckland), Volume I, Issue 268, 2 February 1928, Page 11
Word Count
177CANCELLED CONTRACTS Sun (Auckland), Volume I, Issue 268, 2 February 1928, Page 11
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