STATE SHIPS.
A FAILURE IN FRANCE. By Telesraph.—rress Asm.— Copyright. Received Oct. 31. 11.5 p.m. Paris, Oct. 31. The Government is liquidating the State ownership of merchant vessels, and has appointed a committee to sell them. They will probably realise £l6 a ton. The question of nationalisation is regarded as a dead failure, the State operation being mainly due to the political atmosphere in which it was conducted. Many ships built in Japan and America during war time arc leaky. The operations of the State largely consisted in laying up the State ships and chartering foreign ships to do the real work—Aus.-N.Z. Cable Assn.
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Taranaki Daily News, 1 November 1920, Page 5
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104STATE SHIPS. Taranaki Daily News, 1 November 1920, Page 5
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