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Show PORTUAL IS SOLVING ITS GREAT PROBLEM Lisbon, Jan. 21 Bernndd Machato, minister of foreign affairs, announced today that favorable bid3 from both American andy English ship builders would permit the immediate reorganization reorgan-ization of the navy. He added that he believed the recent re-cent strikes had only strengthened the republican institutions, as tho strikers had not abused tholr newly acquired rights. Commercially, Portugal Port-ugal was In an excellent condition, the minister said. A modus vlveudi , would bo signed with France and a commercial treaty was being negotiated negoti-ated with Italy. on |