The Japanese. Government has cided to grant a subsidy of ¥.33,000,- 000 for the construction of large passenger liners, according to the Japan-fore press. Most of the subsidy. is to go to the: Nippon Yusen Kaisha and the Osaka Shosen Kaisha, 'Two 19,000-ton ships for the OS.K, South American Allantic service will be the frst constructed under the subsidy, Company' officials have ready signed 4 contract for the construction of the two ships, at ¥.0,000,- 00 each, at: the Nagasaki yard of the Mitsubishi - Heavy Industries Gompany. "They are to be completed The Nippon Yusen Kaisha will receive a ¥.20,180,000 grant for. the struction of seven ships, totalling (000 tons, and "the Osaka Shosen Kaisha, ¥.12,820,000 for.the construe-lon of fve'ships, aggregating. $6,000 tons—Reuter,
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