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Show ARGENTINE REPUBLIC TO HAVE TWO FINE WARSHIPS BOSTON, Mass.. Jan. 2.1. That nearly !)0 per cent of the $22,on0.uOO to be paid by the Argentine Republic for the building of two "Dreadnoughts" In 'American ship yards will go for labor, and only about ten per cent for materials, was estimated here sonil-offlc.Ially tonight. One of the ships will be built at Quiney, Mass., and the other at Camden. N. J. ICach will be 570 feet long with a displacement dis-placement of 28.000 tons and will have a speed of 22 knots, generated by 10,000 horse-power. The award of this contract Is tho outcome out-come of perhaps the sharpest competition ever made for a big warship contract, the foreign builders having failed lo equal the American prices. Twenty-five builders of England. France. Italy and Germany took part In the compel It Ion. |