Show CONFEREES AGREE ON SHIPPING BILL BILLBoard 1 Board Is Retained and Sum for Building Provided WASHINGTON June 2 A A complete agreement on th the house merchant marine bill was reached by house and senate conferees conferees con con- today after atter virtually an all night session Under the agreement senate provisions providing for tor a permanent shipping board of seven members were retained but the senate amendment authorizing the board to set aside annually for tor the next Js f five years ears O IO IOs t from the proceeds pro pro- proceeds of t ch carters charters and sales s for nc construction t g tion of ot new ships was modified so as to provide for tor a reserve reserve fund of ot only 25 OO Sale Oot of American ships to foreign Inter eats if It after atter diligent effort the shipping I board has been unable to dispose of ot them to Americans is provided for in the bill bID |