THE AMERICAS: Naval Operations

Argentina signed an agreement in Washington last week to buy two U.S. warships, the 10,000-ton light cruisers Phoenix and Boise. Classed as surplus, the two ships would cost Argentina only about 10% of their original price ($16-$18 million each), plus the expenses of reconditioning. The total bill: about $7,800,000.

Earlier in the week, Brazil had taken up a similar offer to buy the cruisers Philadelphia and St. Louis for $8,600,000. The ships will be rechristened Almirante Barroso and Almirante Tamandaré. Chile also signed to take over the cruisers Brooklyn and Nashville* for...

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