BUYING SHIPS
MR HENRY FORD’S SCHEME.
NEW YORK, May 18
A telegram from Detroit says that Mr Henry Ford proposes to .scrap -100 steel -ships of the United States Shipping Board, using the materials for automobile construction, provided his offer to purchase the vessels is accepted. Mr Ford, when interviewed, declared that he did not intend to operate a commercial fleet. He said: “J am willing to pay the Government what the ships are worth, and if I get them 1 will scrap them to the, last ounce of iron, steel and brass.” Mr Ford estimated that it would cost half a million dollars to tow the ships to Detroit, and another half million to dismantle them, and employ a thousand men. He declared that he would buy a limited number of larger and better constructed ships for use in delivering automobiles to foreign countries, but he asserted that these vessels would not he common carriers, merely bringing hack enough sugar, fruit and other commodities lo make the return voyage pay. lie would convert such ships into oil burners.-- A. and N.Z. cable.
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Manawatu Standard, Volume XLV, Issue 142, 20 May 1925, Page 12
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183BUYING SHIPS Manawatu Standard, Volume XLV, Issue 142, 20 May 1925, Page 12
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