AMERICAN MARITIME INDUSTRY.

Colonist, Volume LXI, Issue 15044, 11 April 1919, Page 6

AMERICAN MARITIME INDUSTRY.

GREAT SHIPBUILDING ACTIVITY

(Australian and N.Z. Cable Association)

New York, March 27.\ - Mr Hurley, Shipping Controller, in a speech, said that during the past eighteen months the Shipping Board, liad constructed 3,640,406 deadweight tons of shipping in the United States. In 1920 they would have 10,732,700 tons %of ocean-going steel ships, of which the Government would own 70 per cent. \ x The United States shipping in 1928 would be equivalent to almost half the world's, merchant tonnage. He advocated that Government-owned ships beXsold and operated by American citizens under no restrictions other than fixing maximum freight rates.