Business: THE NEXT PRESIDENT

American President Lines launched this sleek 19,600-ton, 536-foot passenger cargo liner, the S.S. President Jackson, in Camden, NJ. last week Built at a cost of %13 million Jackson does 19 knots, is the first of three new round-the-world liners which American President will have in service by May 1951 The Jackson which-has pastel-tinted interiors designed by Raymond Loewy air-conditioned staterooms and an outdoor swimming pool, can carry 204 passengers, all first class. Fare for the 100-day globe-girdling cruise: $3,400 to $8,000.

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