U.S.A. AFFAIRS
MERCANTILE MARINE
NEW YORK, October 26. The New York .Herald-Tribd’ne’s Washington correspondent says: President Roosevelt has directed the U.S. Maritime Commission to prepare a programme for the Government to construct greatly-improved cargo ships and low-travel-cost passenger ships so as to keep the American merchant marine in a commanding position in world commerce, anu at the same time make jobs for shipyard workers after the war. The Chairman of the Maritime Commission, Vice-Admiral Land, said the President told him: “We must not allow our merchant marine to become static. We must design and build advanced models as soon as the shipyard space and the manpower are available.” He added: “The ships will be sold to private operators by bid.” Mr. Henry Kaiser, after a conference with Mr. Roosevelt, said: “This project means that the United States will be able to compete in world commerce with 1950 models, instead of 1930 models.”
ROCKET EXPENDITURE
Recd. 10.30 a.m.) NEW YORK. October 27
Rear-Admiral Hussey, Chief of the Bureau of Ordnance, said at Boston that when the navy reaches the peak of the rocket programme, probably in March or April next year, expenditure on rocket ammunition alone will be a hundred million dollars monthly. which is at present the total for all kinds of ammunition. Within six months, the total will be 350 million dollars. ' ;
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Greymouth Evening Star, 28 October 1944, Page 5
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223U.S.A. AFFAIRS Greymouth Evening Star, 28 October 1944, Page 5
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