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AMERICAN SHIP LINE.

PROPOSAL'-OF COMPANY. FAST ATLANTIC CROSSING. WASHINGTON, Jan. 11. The construction of six passenger ships of 35,000 tons each, costing £4,250,000, to cross the Atlantic in four days is planned by the newly,organised Trans-oceanic Corporation of the United States. This company is a subsidiary of the Brown Bovere Electrical Corporation. Its chairman, Mr Lawrence Wilder, says that the company is willing to furnish £10,000,000, if the United States Shipping Board will advance a loan of £18,000,000. The Board is submitting the proposal to the Government.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/MS19280121.2.17

Bibliographic details

Manawatu Standard, Volume XLVIII, Issue 45, 21 January 1928, Page 2

Word Count
87

AMERICAN SHIP LINE. Manawatu Standard, Volume XLVIII, Issue 45, 21 January 1928, Page 2

AMERICAN SHIP LINE. Manawatu Standard, Volume XLVIII, Issue 45, 21 January 1928, Page 2