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AMERICAN SHIPPING

RENEWED EFFORT AT REVTVAt. (DNITED PRESS ASSOCIATION.—toPTBIQHT.) , ■•■;' - (SYDNBY SDH CABLH.) ' •' i , ' (WASHINGTON, 16th June. ' ~ The United States is preparing to convert' hundreds of Government-owned trading vessels into motor ships, to increase the use of the nation's merchant marine. The: campaign to' rejuvenate the merchant service and make' it'a strong factor' in the -world's commerce will be accomplished in two ways—first-: ly, by the Government converting'itsown vessels; secondly, by lending money to private owners on a fifty-fifty basis for conversion purposes,! or, the purchase of converted vessels from the Government.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19240618.2.67

Bibliographic details

Evening Post, Volume CVII, Issue 143, 18 June 1924, Page 7

Word Count
91

AMERICAN SHIPPING Evening Post, Volume CVII, Issue 143, 18 June 1924, Page 7

AMERICAN SHIPPING Evening Post, Volume CVII, Issue 143, 18 June 1924, Page 7