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Show BILLION FOR SHIP BUILDING. American Merchant Marine to Overcome Over-come Submarine Menace.. Washington. Congress will be asked to appropriate $1. 000.000.000 for the ' building of the great American merchant mer-chant tleet which is to overcome the submarine menace. The program evolved by the shipping ship-ping board contemplates the diversion to government uses of the products of every steel mill in the country, cancellation can-cellation of existing contracts betwee:; those mills and private consumers am-where am-where necessary, payment of damages by the government to the parties whose contracts are cancelled. Kstimates of shipping board are that between o.OOO.OiK) and li.noO.tW tons of steel and wooden vessels will be constructed con-structed by the government during the next two years. I |