EXCEEDS REST OF WORLD
U.S. Shipbuilding Capacity
(Rec. 1.30 p.m.) NEW YORK, Sept. 25, Next Sunday, Victory Fleet Day, will find the United States nearing peak production in the greatest merchant, shipbuilding programme in world history. American yards are revealing a shipbuilding capacity far greater than that of the rest of the world combined. A . Of 466 ships delivered this year 313 were Liberty 10,500-ton stand- • ard cargo vessels. The U.S. Maritime Commission announced that President Roosevelt's goal of $,000,000 tons of new merchant ships in 1942 and 16,000,000 tons in 1943 is likely to be achieved.
laid down that the participants musf; hold 49 per cent, of the shares, but that they could dispose of 51 per cent. The result was that the 51 per cent, were sold to the great German dye trust I. G. Farbenindustrie, giving Germany control, Laval reasons that if Germany dominates the French industry she will not molest France in order to get the best returns from the industry.
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Bibliographic details
Evening Post, Volume CXXXIV, Issue 76, 26 September 1942, Page 8
Word Count
165EXCEEDS REST OF WORLD Evening Post, Volume CXXXIV, Issue 76, 26 September 1942, Page 8
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