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...make its fleet "second to none" the Navy Department last week awarded construction contracts for the biggest batch of fighting ships ever ordered in a single day. Twenty-one craft were parceled out among seven of the country's most potent private shipbuilders. The face value of their Navy contracts totaled $129,777,600, although in some instances final costs were to be adjusted to meet shifting price levels. To build this new fleet would require the services of 18,400 shipwrights. When completed, it would bring the U. S. Navy close to the limit set by the London...

Author: /time Magazine | Title: ARMY & NAVY: Building to Parity | 8/14/1933 | See Source »

...King's yacht steamed last week through the open gate, breaking a red, white and blue ribbon, but the caisson did not drop behind it. The King in his Admiral-of-the-Fleet uniform led Queen Mary and the Duke & Duchess of York down the gangway to a royal box on the quay. He made a speech calling the dry dock a good thing. Chairman Gerald...

Author: /time Magazine | Title: Foreign News: Big Bed | 8/7/1933 | See Source »

...than himself, the firm of Sparkman & Stephens, naval architects. Roderick got a job in a shipyard. Since Olin had the Dorade built from his own specifications in 1930, both of them have spent almost as much time on the water as at work. Consequently the Dorade, smallest of the fleet of well-known ocean-going yachts, has functioned so efficiently that last week's statement by the skipper of the Flame amounts almost to a rule of ocean sailing. In 1931 the Stephens brothers won the Newport-to-Plymouth trans-atlantic race in 17 days, then won the biannual...

Author: /time Magazine | Title: Sport: Again, Dorade | 8/7/1933 | See Source »

Threadneedle Street) to release him for the headier air of Fleet Street where he has been appreciated ever since...

Author: /time Magazine | Title: Books: Nobbled Empress | 8/7/1933 | See Source »

...cultivate friendly international relations . . . ''To encourage the art of naval warfare." Familiar to all naval officers were such fighting phrases in Policy Sheets. They meant much or nothing depending upon administration. But new and different were Secretary Swanson's pledges: "To build and maintain a fleet of all classes of fighting ships of the maximum war efficiency and replace overage ships." (That meant that the Navy would use the $238,000,000 allotted it under the public works program to build 32 new men-o-war-cruisers, aircraft carriers, destroyers, submarines-to bring its strength...

Author: /time Magazine | Title: ARMY & NAVY: Policy Sheet | 7/10/1933 | See Source »

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