AMERICAN SHIP LINE
PROPOSAL OF COMPANY. FAST ATLANTIC CROSSING. WASHINGTON, January 11. The construction of six passenger ships of 35,000 tons each, costing £4,250,000, to cross the Atlantic in four clays is planned by the newly-organised Transoceanic 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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Bibliographic details
Otago Daily Times, Issue 20315, 25 January 1928, Page 7
Word Count
88AMERICAN SHIP LINE Otago Daily Times, Issue 20315, 25 January 1928, Page 7
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