EXCESSIVE U.S. PROFITS
WASHINGTON, Dec. 20.
The Merchant Marine Committee of the House of Representatives reported that American steamship companies, with the Maritime Commission's approval, charged excessive rates in 194] for Lend-Lease voyages from the United States to Suez via the Red Sea. Eighty-one vessels made 90 voyages for a'total profit of 25.000,0;j0 dollars. The rates were reduced in the autumn of 1941. Two lines refunded 51 per cent, of the profits. The others declined.
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Manawatu Standard, Volume LXV, Issue 20, 21 December 1944, Page 4
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75EXCESSIVE U.S. PROFITS Manawatu Standard, Volume LXV, Issue 20, 21 December 1944, Page 4
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