FRANCE: French Line Floated

With a U. S. syndicate bidding $28,000,-ooo for control of the Campagnie Gen- erate Transatlantique (French Line) last week. Premier Pierre Laval went before the Chamber of Deputies, fought to keep this major maritime enterprise 100% French.

The French Line, M. Laval reminded the Chamber, operates not only transatlantic, trans-Mediterranean and Far East services (to French Indo-China) but has pioneered French Morocco as a tourist playground, built in the oases of its deserts a chain of de luxe hotels. With depression striking everywhere, M. Laval found it possible to understand how the...

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