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US Spent Billions on Merchant Fleet Amid Shipping Board Drive
Washington report details how the United States invested over 3.5 billion dollars to build and run a merchant marine. It notes the balance between government operation and private ownership, with thousands of ships under Shipping Board control, many later privatized or scrapped, and a mix of passenger, cargo, and tanker vessels in various trades.
MENTIONED IN THIS ARTICLE
International News Service
Washington
United States
New York
Western Bus Board
York
Europe
Sersel
Iperation
Editional
Shipping Board
Standard Nd
Esitc
West Indies
Carribean
Vego
West Injies
Caribbean
Tstal
United States Treasury
Emergency Fleet Corporation