SHIPPING: For Sale

The United States Lines and the American Merchant Lines are definitely going on the auction block, all together.

Last week General Albert C. Dalton, new president of the U. S. Shipping Board, made the announcement that exact specifications for submitting the bids would be published on Sept. 15, that all bids must be in before noon, Nov. 8. All bidders must be U. S. citizens, must guarantee ten years of service on the lines, must pay 25% cash. In the event that no bids should be satisfactory, the Government will continue operation of the...

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