Word: fleetly
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...Navy would have to revise its ship designs. Last week Mr. Edison did a neat straddle. Said he: ". . . Battleships were, are and will be for many years the backbone of our first line of national defense. . . . Apparently . . . the topsides of battleships may be damaged by aerial bombs. ... A fleet is at a very great handicap unless it has proper air support...
...Pacific last week lay the U. S. battle fleet, its maneuvers completed, its next job not yet laid out. Beyond the battle fleet and across the Pacific many a U. S. businessman cast an uneasy mind's eye. For south and east from the foot of Thailand (Siam) across the Java Sea to Papua lie The Netherlands East Indies, whence the U. S. gets major portions of two strategic materials: rubber and tin. With The Netherlands at war, Japan might cut off that supply, alternatively might exploit a grab by controlling production, prices...
Naval warfare on the high seas, on the broad Atlantic and Pacific, is not warfare in landlocked fjords. Trust your fleet." Echoing the Secretary's words was the clangor in U. S. shipyards last week. On the ways, in the mold lofts, some $750,000,000 worth of warships were building -approximately 80 additions to the growing U. S. Navy, now neck & neck with Great Britain in the race for world naval supremacy. Of these new vessels, eight were battleships, two aircraft carriers...
...navy is shorebound without a merchant marine, which brings it food, supplies, oil. (One 10,000-ton cruiser at full power burns oil at the rate of 35 tons an hour.) In U. S. shipyards last week this lifeline-a brand-new merchant fleet-was also building: 118 cargo ships ordered by the U. S. Maritime Commission at a cost of better than $300,000,000. For a fillip, the yards had another $40,000,000 or more of private tankers and cargo ships under construction. To the U. S. shipbuilding industry, this added...
Then, from 1922 to 1928, while the Government slowly sold its wartime fleet, the U. S. built not one vessel for the transoceanic trade. Four years ago the Roosevelt Administration hatched the Merchant Marine Act of 1936, an outright subsidy to shipowners. For them, the Maritime Commission began a shipbuilding program which swung into full stride last year. So far 46 vessels have been launched, 37 put into service. Besides the 118 now on order, contracts for 358 others will be let in the next five years...