Word: fleetly
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...foreign competitors; 2) to stimulate the building of new U. S. ships by giving subsidies up to 50% of a vessel's cost to equalize the high price of shipbuilding in the U. S. with the low price abroad. Other tasks include getting rid of the rusting Wartime fleet of 162 ships left by the Shipping Board. The temporary commissioners announced in January that none of these 17-year-old tubs, unused for ten years, would be sold since that would be a "deterrent" to new building. Most will be scrapped, some kept afloat in case...
...walked off the steamer Katori Maru at Yokohama, saying they had "gone on strike as a patriotic protest because the N.Y.K. last Oct. 29 failed to order all its ships in all parts of the world to hoist the Rising Sun flag while the Emperor was reviewing the Grand Fleet." This inconveniences Emperor Hirohito who intends that the Heian Maru, off which the strikers also walked, shall carry his brother Prince Chichibu to represent Japan at the Coronation in London. To be sure the strikers know this well enough, were only slyly holding up the N.Y.K. for higher...
Elias is a manufacturing printer as well as a publisher, has one entire company devoted to the printing of outdoor advertising posters. Last week, while he lay ill of a gastric complaint in a nursing home, Fleet Street learned that Elias had outbid Beaverbrook and Rothermere, had bought for a reputed ?600,000 cash controlling interest in British Illustrated Group. He thus took over control of the cut-glass society weeklies Tatler, Bystander, Sphere, as well as the Illustrated London News, Illustrated Sporting & Dramatic News and the monthly Britannia...
...Fleet Street, which has long grown weary of Elias' successes, was last week much more absorbed in a campaign to throttle "sensationalism," launched by the National Union of Journalists containing some 6,100 newshawks, two-thirds of the total number in Britain. The Union sent strong protests to the Newspaper Proprietors' Association (representing national dailies and Sunday papers) and the Newspaper Society (representing 1,000 provincial papers...
Died. Admiral Henry Thomas Mayo, 79, U.S.N. retired, Wartime Commander in Chief of the Atlantic Fleet; of heart disease; at the Portsmouth, N. H. home...