The Pensacola journal., 1920-02-17
FqIPPLNC BOARD RECEIVES BIDS
F0R Sale OF FORMER HUN SHIPS
Despite SENATE'S DISAPPROYAL
l,,qrd Explains Final Action
v;U Await Approval Senate
ard House Committees.
BIDDING IS SPIRITED
I1o1r~t's application For Injunc-
lion l. Under Consideration
By Court Till Friday.

....rn Feb. 16.-AIthough the |
.s...,sld "a resolution requesting !
.... sale Of the former German |
... 10. .., s-noncd. the shipping board |
.....E j. would continue the auc-
...-. g.roT but explained it was
. ..,- th.. purpose of receiving bids
. ...s- final action would await ap-
.. ~ senate and house commit
SHritcd bidding developed to-
i ur.a ghe ships first were offered
$685.. groups in the services in
n the board had planned original
n T.. operate them, no bids were re-
e.. 1ut spirited bidding developed
fer individual vessels or selected
-u.- - rum in specified services.
ur..c fue bidding was in progress
ST. 6,:o opments came:
t-.. iai" Justice Bailey, of the dis
-urume court, took under ad-
.n,a- he application of William
.r.s.h IIeurst, of New York for an
....sn to stop the sale of the yes
. Iie Will give a decision Fri
...t. house officials announced
. PRESIDENT Wilson will inform the
e.-. there was no basis" for the
~.- that there was an agreement be-
~..s the shipping board and British
-.trrs-s for the sale of the vessels.
sarmation as to this report is asked
81 resolution by Senator Brandegee,
publican of Connecticut.
I'll. shipping board was requested
.as by the senate to defer the sale
the German ships for which bids
.ve been submitted until some def
~ senate action is taken on the sub
I'll. morning session of the auction
-.as..l a total of $50, $50. 900 offered for
,H.at+--onc vessels. The individual
a lsdS were $14,050,000 by the In
.-. ri0uaI Mercantile Marine for nine
-...s for service TO the United King
5-m and northern continental ports;
..sI OF SI3,I00,0oO by the same corpo-
....o. for six vessels for service to
m3er1. and Bremen; $4,50o,000 Of
srad hv Monroe and Mccormick for
Use al.as for South American serv-
. lul The Oriental Navigation COM
ap.'s bid OF S70O.OO0 for the Black
ts-oW individually for Black sea serv-
l opening the auction, Mr.. Scott
ead a memorandum from Chairman
.ayne which said the highest bids
sy.ld have to be approved by the
~aa.o commerce. committee and the
.aS" merchant marine committee md
-.- acceptance of any bids would de-
-i upon the outcome of the injunc- ,
-" proCe edings in the district court.
The memorandum said these pro-
d.ugs We're expected to be con-
.ud"i within two or three days, but
aac iu any event checks received with
.de bids would be returned by Satur-
ag if the sales were not consum-
Commissioner Scott said the terms
=. The sale would be arranged to suit
.aa Convenience of the board and the
perspective purchasers and that all
s.ps sold must be operated under the
'm.rnan flag.
Anoug the shipping men present
#era T.. y. s. Franklin of the Inter
toual Mercantile Marine; George w.
ioo,hn.~, the American Ship & Com
nsr~c company; a. V. Moore, of the
Moore and Mccormick company, and
aHp Dcronde, of the Oriental Navi-
.ltiou company.
The first vessels offered were the
'la'h Arrow, the Amphion, and the
'hHippines, composing the group of
ne Black sea service. No bids were
fered for them.
The group composing the South
american service the Aeolus DeKalb, |
."nc"Ss Ma.toka and Pocahontas, was
"an offered.
one bid for one of the Black sea
was received. It was $7OO,O I
me Black Arrow and was made by
oriental Navigating company.
a. =. Franklin, of the Interna- !
Mercantine Marine, offered a !
.'"''onal bid of $I4,O5O, 900 for nine |
>''7 Tor service to the CniIed King /
IN aud northern European ports.
>, ''' vessels covered by the bid were |
Le|iathan, George Washington. /
'-'''.. a. President Grant. Nansemond, !
.'7."nc, Pocahontas, Princess Ma
~i-u CaIiao. The offer was con- /
..'.s- upon an agreement by the
tt-HS board not to enter into com /
40" with these vessels in this
kan, ,'.' re and Mccormick offered S4.-
Tor five vessels for the South !
=, '.ear vessels and the Munson
-,,,-''.sa4p line a conditional bid, ap-
mating S3.8S0,250 for the same
jn, .S' The Martha Washington, Aeo-
h.. ..14Eon' Princess Hatoika, and the
''-4loutas.
.-5 urge w. Goethals. American ship
$+ eonmerce corporation, offered t
se-,. .'ooo for six vessels for the Ham
f,7 ma Hremen service, the bid be-
Euehly raised TO $1O,5O0.O0O byI
"'0' '-cOntinued on Page Twol