Ogden Daily Standard | 1918-04-03 | Page 6 | Japan Will Turn over Her Ships

JMNWILLT1N OVERJIER SHIPS Over 450,000 Tons of Ship- j ping to Be Made Immediately Immedi-ately Available. TOKIO, Thursday, March 28 (By Ihe Associated Press.) It is learned from authoritative sources that nn agreement has been concluded under which Japan will turn over to the United States 450.000 tons of shipping. Of this total 150,000 tons will be supplied Immediately in return for no consideration except the chartering rates of the allies The Japanese government gov-ernment will make up the differ) Q 0 between this payment and the Far Eastern rate Involving an expendi ture of 18,000,000 yen. Another 100,000 tons of new ships will be delivered between May and September In exchange for an equal tonnage of steel. The remaining 200.-000 200.-000 tons will be turned over as constructed con-structed later upon terms which axe mutually regarded as very satisfactory. The plan was arranged by the American ambassador, Roland S. Morris, Mor-ris, with the fullest co-operation on the part of the government and shipbuilders. ship-builders. The amount of tonnage to be made available by Japan is considerably In excess of previous estimates. A dispatch dis-patch received yesterday from Tokio said the amount was given by ihe Japanese newspapers as 250,000 tons,,