BRITISH WAR SHIPPING
MINISTRY’S FINAL FIGURES HUGE COST OF TRANSACTIONS By Telegraph—Press Association-Copyright. London, February 17. The final figures of the Ministry of Shipping show that the total cost of ships built in the United Kingdom was 364 millions. These were sold for 174 .millions. Ships built abroad cost. 27 millions, and were sold for 181 millions. The use. of vessels for the carriage of troops and goods saved the country 27 millions. The total turnover of tho Ministry was a thousand millions. At the crisis of the war the Ministry controlled three-quarters of the world's shipping. When the U-boat menace was most severe tlic Controller ordered 821 vessels, and 225 were completed before the armistice. Of the remainder, 126 were cancelled at a cost of half a million, and 279 transferred to private owners without loss.—Aus.-N.Z. Cable Assn.
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Dominion, Volume 14, Issue 125, 19 February 1921, Page 7
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139BRITISH WAR SHIPPING Dominion, Volume 14, Issue 125, 19 February 1921, Page 7
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