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Show FIX NAVAL BUDGET FOR 1921 AT 436 MILLIONS WASHINGTON, May 27. Next year's naval budget was fixed at about 5436,000,000 under a complete agreement agree-ment on the naval appropriation bill reached today by senate and house conferees. The original house bill carried car-ried $-125,000,000 and the senate about $467,000,000. The conferees agreed on twenty million mil-lion dollars for navy aviation, a compromise com-promise between the $15,500,000 voted by tho house and $25,000,000 by the senate. In lieu of the senate appropriation of 51,000.000 to begin work on the new Pacific coast base In San Francisco Fran-cisco bay, the conferees authorized a congressional commission of five .senators .sena-tors and flvo representatives to' Investigate In-vestigate available sites on San Francisco Fran-cisco bay and reports to congress not later than December 31, oo |