AMERICAN SHIPPING.
BANKRUPTCY LOOMING. £8,000,000 SUBSIDY NEEDED. A. and N.Z. WASHINGTON, April 4. The chairman ol the United States Shipping Board, Mr. Lasker, told a committee of the House of Representatives that the United States was at the point of bankruptcy as a merchant marine Power. The country could save the merchant fleet by direct subsidy or indirect aid at a cost of 40,000,000 dollars a year.
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New Zealand Herald, Volume LIX, Issue 18059, 6 April 1922, Page 7
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67AMERICAN SHIPPING. New Zealand Herald, Volume LIX, Issue 18059, 6 April 1922, Page 7
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