The Archive · 1938

Mr. Joseph Kennedy Opens Parleys

Washington, Jan. 4.

R. Joseph P. Kennedy, the United States Maritime Commi sioner, left to-day for the Pacific Coast, where he is to conduct a series of conferences looking toward pacification of the troubled Pacific shipping nation.

The purpose of the visit. is twofold: first, to reconcile Pacific Coast shipping interests to the withdrawal of the large Panama Pacific liners from the inter-coos tal trade for use in the east-coast South American serv ana second to arrange for the Dollar Steamship Lines a subsidy pr gramme to replace lost ocean mail contracts, Four Commission experts, including the Executive Director, Mr, Joseph Sheehan, accompanied Mr. Kennedy, and will take part in conferences in Los Angeles, San Diego, San Francisco, Portland and Seattle.

t wa understood in reliable ters here that Mr, Kennedy intended to force the sale or reorganization of the Dollar interests so that sufficient operating capital is available for a subsidy. The same circles said that Mr, Kennedy previously had hoped the Matson line, operating to Hawaii and Australia, would purchase the Dollar interests, but that a tentative sale had collapsed last

Text read from the printed page and cleaned; old type leaves the occasional error.

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