MERCHANT SHIPS
CONSTRUCTION IN CANADA. HOPES OF MERCHANT MARINE AFTER WAR. OTTAWA, May 14. Canada is meeting the U-boat menace by building all the merchant ships she possibly can. Mr Howe, speaking in the Canadian House of Commons, envisaged a Government-owned merchant fleet of 200 ships. To meet an acute shortage of American dollars Canada had sold about 70 ships to the United States for cash. The exchange situation was now more satisfactory and it was not expected that any further - ships would be sold to the United States for cash in the near - future. Canada had retained ownership of other ships chartered to the United Kingdom at a nominal sum. They would be reclaimed at the end of the war, when it was hoped to man them with officers and men from the Canadian Navy. “We expect,” Mr Howe added, “that the Canadian merchant marine will be a substantial source of employment in the post-war years, and that it will be of real benefit to Canadian postwar commerce.”
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Wairarapa Times-Age, 3 June 1943, Page 4
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169MERCHANT SHIPS Wairarapa Times-Age, 3 June 1943, Page 4
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