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Coxey proposes buy and convert 112 ships for merchant marine
Jacob S Coxey of Massillon returns to Washington with a plan to buy 112 ships of 5 375 tons dead weight, recondition them to diesel propulsion, and operate on world routes without subsidy. The proposal, supported by naval architect Theodore Wells, seeks private ownership while extending U S trade and keeping seaman wage standards, financed by treasury notes and staged payments over 15 years.
MENTIONED IN THIS ARTICLE
Washington
Mar
Coxey
Jacob S Coxey
Massillon
Ohio
Shipping Board
American Merchant Marine
The
Lasker
Cokey
Massilion
Great Britain
United States
Theodore D. Wells
New York City
Wells
Germany
United States Shipping Board
Messrs
Coxey and Wells
Congress
Treasury
Messry. Coxey “and Wells