U.S. MERCANT MARINE
PERMANENT BASIE PROPOSED. By Telegraph— Pro*® A saociation— Copyright. Australian and N.Z. Cable Association. WASHINGTON, January 24. President Harding has launched a campaign to establish the American merchant marine on a permanent basis.. It is understood that he baa approved at a plan providing for direct subsidies to private owners, the money coming from diverted. Customs receipts for goods carried on American bottoms, and indirect subsidies. The Shipping Board made a statement that the object was to put Amerioan operations on an even basis with the British. The latter have been taken as the standard of comparison because she is the nearest competitor the cost of operation.
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Bibliographic details
Star (Christchurch), Issue 16641, 25 January 1922, Page 8
Word Count
110U.S. MERCANT MARINE Star (Christchurch), Issue 16641, 25 January 1922, Page 8
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