Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1917-07-17
Continued from Page One


standing on some basis. That agreement
should be reached at the earliest moment
and the contracts let for this shipbuilding
yard and the other planned by the Emerg-
ency Fleet Corporation.
AT all costs this construction should go
ahead. There Is an urgent need for ships
Though l am interested, of course, in see
ing this plant located near Philadelphia
that consideration does not rank in impor-
tanca with the necessity of beginning work
on the shipyards and the ships That is not
the point at issue, nor are the merits OF
the two types paramount The important
thing is ships
William NJ. Coates. president of the Board
Of Trade took a similar position in point
ing out the need for adjusting differences
between the United States Shipping Board,
headed by Denman and the Emergency
Fleet Corporation. headed by Goethals. He
even suggested that some one else should
be pHI in charge of the work If the dispute
is no. settled soon.
There is no doubt that this shipyard
work should go ahead" Mr.. Coates said.
II am not familiar with the merits of the
dispute, and / do not care about them. l
know the letting of these contracts for
shipyards should be completed at once,
without delay.
From what I know of the situation It
seems to have reached the point at which
Il CnOlCe must De maze DetWeen the TWO
men, or else that a third person be put in
charge of this shipbuildng. I have been
impressed that the right rests with General
Goethals and that Mr. Denman is the one
who is causing the trouble, though of that
I am not certain. However, in any case
there should be no more of this delay"
WORLDS GREATEST SHIPYARD
The worlds greatest shipyard which
will be on the Delaware ten miles south Of
will ha cd
under Government control by a company
chartered to advance the interests of
American overseas trade" 1t is a company
chartered TO advance American commerce.
Frank A. Vanderlip, chairman of the Board
of the American International Corporation,
the company back of the great plant, besides
being one of the first financiers in the coun-
try, is associated with a number of men
prominent in financial circles of the nation.
The great plant, with facilities for build
ing fifty ships at one time, will put America
far ahead of all other nations as builder
Of ships, and make Philadelphia the worlds
center. For years synonymous with ship
building, the river Clyde, Britain's center
of the industry, will be eclipsed by the
Delaware so far as to make comparison
useless.
Besides providing the standard 75OO-ton
vessel the Emergency Fleet Corporation has
decided is best fitted TO beat the German
submarine, the new shipyard will become
means of restoring the American nag on
the oceans of the world.
AS soon as the war is over the great
plant will be used as the source of stream
Of new shipping to take its place with the
merchant marine Of the world under the
United States flag.
No more fitting contractor than the
American International Corporation could
have been found to build the plant, in the
belief of shpyard men acquainted with the
Dlans. The company was incOrDOrated on
November %, 1915, with a charter broad
enough to permit operation Of any kind Of
business but banking According to its
charter the corporation has, for its main
object the creation Of facilities for the sue
cessful promotion of American commerce
in foreign countries. II will endeavor to