| OCR Text |
Show QUESTION OF PRICE , HALTS SALE OF SHIPS J V,'.!UIN(lTON, Nov. 21. Coming 'p nli nully with tho beginning of a 'tm i o of festivities In honor of 11! .1 ijuneso economic and financial jinr'nilsaion hero to bioaden commer- I '( Kl' r"l. t ions with the United States i ( news f r n Toklo of Japan's npparent . .r 'u'aT lo sell hor ships nt tho prlco I oficred in an oxchango for American str -1, cause intciest, but not surpriso ' todiy to offlcals making tho concid- ' ent, bowover, that tho negotiations , will bo successful concluded ns tho i pile? is tho only Issue Involved. The matter runs back to last sum-I sum-I mer vhen a United States embargo vaa placed on steel exports, denying '-toel (hlpments oxcept for Allies in tho wir Japan, which had pending 1 irgo orders hero for ship plates, profited pro-fited and tho United States agreed lo let tho Japancso stool through If laian In return would divert ton-njgo ton-njgo to tho transatlantic service. Tho ,1'nlted States finally offered to ro- leaso 100,000 tons of stool and to i purcnaso outright at $175 a ton nny I amount of Jnpancso ship tonnage, Japan's attitude Is Indicated by tho market as high n3 $300 a ton. |
