MERCHANT NAVY
AMERICA’S “ACE-IN-THE HOLE ” WASHINGTON, (Rec. 8 p.m.) Oct. 23.
The United States Merchant Marine will be the “ ace-in-the-hole ” at the peace table. Its vessels will become 20 per cent, more valuable two days, after the armistice has been signed, declared Vice-admiral E. S. Land, addressing the House Committee. He pointed out that before the war the world shipping consisted of about 57,000,000 dead-weight tons of cargo vessels, and 17,000,000 tons of tankers, of which Britain owned between 27,000,000 and 35,000,000 tons and the United States 1,000,000 tons. The United States was now ahead of Britain. Admiral Land expressed the opinion that the United States should build up a reserve of ships, primarily fast vessels. If America had had a merchant marine before the war as large as Britain’s, the war might not have occurred.
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Otago Daily Times, Issue 25365, 25 October 1943, Page 3
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136MERCHANT NAVY Otago Daily Times, Issue 25365, 25 October 1943, Page 3
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