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SHIPS FOR HOLLAND

30 BEING BuILT IN UNITED STATES Recd. 5.5 p.m. Washington, April 25. Representative Welch, Republican, speaking at the House Post-war Economic Policy Committee hearing, complained that thousands of United Slates shipyard workers are building ships for Holland s post-war trade, despite a critical steel shortage. Admiral Emory Land, chairman of the Maritime Commission, admitted that American shipyards were building 30 vessels for the Netherlands Government, but these will go i;".o the United Nations war shipping pool if needed by the pool; otherwise, they will go to the Dutch. Admiral Land expressed the opinion that “it was one of the smartest pieces of business we ever did.” Mr. Welch further alleged that the Netherlands borrowed 100,000,000 dollars, at one and a-half per cent, interest, for ship construction.

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https://paperspast.natlib.govt.nz/newspapers/WC19450427.2.41

Bibliographic details

Wanganui Chronicle, Volume 89, Issue 98, 27 April 1945, Page 5

Word Count
129

SHIPS FOR HOLLAND Wanganui Chronicle, Volume 89, Issue 98, 27 April 1945, Page 5

SHIPS FOR HOLLAND Wanganui Chronicle, Volume 89, Issue 98, 27 April 1945, Page 5