AMERICAN SHIPS
PROFITABLE SALES TO ALLIES & NEUTRALS. By Telegraph—Press Association—Copyright. WASHINGTON. March 31. The Foreign Policy Association reports that since the outbreak of the war 90 merchantmen, totalling 364,014 tons, have been sold. 119,307 tons to Britain and France and the remainder to neutral countries. The association adds that American shipowners will gain financially from the war if the United States remains neutral. Many are expanding their services outside the combat zone and. moreover, selling their obsolete vessels at considerably higher than pre-war prices. Virtually all the ships displaced by the Neutrality Act have found employment elsewhere.
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Wairarapa Times-Age, 2 April 1940, Page 5
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97AMERICAN SHIPS Wairarapa Times-Age, 2 April 1940, Page 5
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