Canada's. Mercantile Marine has not turned out a success. It was built at peak prices during the war to help in meeting the shortage of ships caused by the destruction of them by the Germans. It cost some $78,000,000 it hag thus far lost $18,000,000 and if disposed of at the present time would not bring more than a third of its original cost. What to do with it is forming an awkward question for the Government to deal with. The idea seems at present that a certain number of the ships shall be sold and the remainder.used for
Text read from the printed page and cleaned; old type leaves the occasional error.