Subsidy to Pay Loss Pending Financial Reorganization San Francisco, Jan. 25.
The Government's drive to enlarge the American merchant marine, an important factor in national defence, received further impetus to-day with the announcement of a new agreement with the Dollar Steamship Line; Mr. Stanley Dollar announced here that he had signed a contract with the Federal Maritime Commission for a six month's operating differential subsidy which the Federal Mafitime Commission in Washington announced would be about $6,000 daily.
The subsidy was to permit the Dollar Line to enlarge their schedule lig the next six months while negotiations for the financial reorg zation of the company are proceeding. A complete new schedule for Operations will be published by the tran: and round-the-world Dollar this week.—United Press
Text read from the printed page and cleaned; old type leaves the occasional error.