CARRIERS: Dollar Down

Best-known emblem of U. S. shipping around the world is a white dollar sign mounted on red-banded stacks. Last week, leaking badly at the seams, its brightwork tarnished after decades of shining renown, the Dollar Line signed away by its crew of heirs, assignees and moneylenders, was to be taken over by the U. S. Maritime Commission.

Keel of the Dollar Line was laid some 40 years ago by dour old Captain Robert Dollar who needed ships for his lumber business in the newly opened Pacific Northwest. A goat-bearded gaffer with a self-made...

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