Salt Lake Telegram | 1938-01-07 | Page 4 | Keenedy Forecasts Economie Rally

Kennedy Forecasts Economic Rally OGDEN Jan 7 Courage 7 of the west should be adopted by financiers of the east in the present business business business busi busi- ness recession Joseph P. P Kennedy chairman of the maritime commission commission com corn mission said during a minute 10 stop in Ogden Thursday evening Mr Kennedy was en route to San Francisco to discuss subsidies with the Dollar Steamship line He said he believed there was but slight possibility that the countr country will go Into a major depression SAN FRANCISCO Jan 7 UP Joseph P. P Kennedy chairman of the U. U S. S maritime commission said today vital shipping services on the Pacific coast must and will be carried carried car car- ried ned on i if it not by private lines by bythe bythe bythe the government Kennedy arrived here from front Washington Washington Washington Wash Wash- ington to direct financial reorganization reorganization reorganization of Dollar Line confer with Pacific coast business leaders over threatened withdrawal of major passenger and freight steamship companies from Pacific ports and possibly to find a man to succeed himself as maritime commission chairman