SHIPBUILDING: Deathrate & Birthrate

Britain's 18,000,000-ton merchant marine, largest in the world, is sinking. Best unofficial estimates in Washington are that British losses were at the rate of 72,000 gross tons a week in November, more than 80,000 tons a week since, a total of about 2,500,000 tons since beginning of the war. Since England's highest hopes for her own new shipbuilding program are only 1,350,000 tons a year, less than a third the present rate of sinkings, ships stand high on the British must-have list.

Last October a British shipping mission came to the U. S. with instructions to work fast....

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!