What will become of the government ships?
Since the Administration Subsidy bill suffered ignominious death in Congress, Mr. Harding has been at work on a plan to liquidate, take the loss and humiliation, and retire from maritime trade. Details have not yet been announced.
It is reported that the 12,000,000,000 tons of steel vessels, built at a cost of more than $3,000,000,000, will be sold and scrapped over a period of years to save the nation the cost of their upkeep and the money lost in their operation. Placed on the market in...
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