What looked like a long-drawn, cautious auction was going on in the offices of the U. S. Shipping Board at No. 45 Broadway all last week. If it was an auction, it was one of the major deals of U. S. shipping history, for on the block was no less a prizeor white elephantthan the U. S. Lines, proudest Atlantic fleet in the country. Discussions had been going on slowly for weeks, ever since mid-June when President Paul Wadsworth Chapman and the U. S. Lines' directors went to Washington to explain their troubles to...
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