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January, 1925 MARINE REVIEW Marine keview THE NATIONAL PUBLICATION COVERING THE BUSINESS OF TRANSPORTATION BY WATER NEW YORK—CLEVELAND—LONDON Published Monthly by The Penton Publishing Co., Cleveland, Ohio, U.S. A. at Cleveland Wee ee I gs Gc ee en gs Editor Join: 1. Pease osc ince ccs Advertising Director io Oh Peet ec ee ee Advertising Representative -at New York A.°H, Jansson.i: .. Siege ae fon oes Associate Editor Joseph Fullec:..,.2,. 2... Advertising Representative at London, England Vincent: “Deport nei. 50%. eas os European Manager IN THIS ISSUE Vol. 55 JANUARY, 1925 No. 1 Page Lakec Pay..ti 1S Large Dividends; .u.. 1 Find New: Uses for Old Ships: 05; i “Why Not Do Ti, Sir, O'Connorr 32.61. 12 Dock Management Progress Section.... 13 Meets Need of Fast Liner Service...... 13 Cost and Design of Floating Fenders.... 16 How Governor Controls Diesel Speed.... 17 Cecan Dreicht Kates... 6.6. esa 9 Late Decisions in Maritime Law........ 20 Photographs From Far and. Near........ 21 Uses Revolving Towers to Drive Ships.. 22 How Wind Acts on Tower Type of Ship 23 Marine Business Statistics Condensed.... 26 Pasatia fatal fafic. 2 sis as ws ae Prom the (id Loe Book....3........... 28 Pantone Sieh. os re ee ae 29 Late Flashes on Marine Disasters ........ 30 New President of Naval Architects.:... 32 WHAT READERS WILL FIND In Marine Review a few months ago, many readers must have been surprised to learn of the great variation in costs and methods of handling cargoes at the different ports. The article in, question told for one thing how the railroads on Some commodities lose more money in lightering at New York than they receive for the rail haul from some far inland city. Efficient and economical management of the docks and terminals at our sea and lake ports is one way to make American shipping more profitable. Dock management is the problem not only of the dock manager, but of the shipowner who uses the dock. You will find in this issue a new section on dock management. It will contain each month practical articles showing how dock manage- ment problems are being met. BRANCH OFFICES BOSTON - - + = = - = 426 Old South Bldg. CHICAGO - - - «+ = + 1147 People’s Gas Bldg. CINCINNATI - - - - - - - 504 Edwards Bldg. NEW YORK - - - - = = -2203-2206 No. 220 Broadway PITTSBURGH - 2 + + = = 2148-49 Oliver Bldg. SAN FRANCISCO - = »* + +675 Monadnock Bldg. WASHINGTON - - - - + - 84 Home Life Bldg. FOREIGN OFFICES PARIS, FRANCE .- - 23 Rue de la Bienfaisance (VIIIe) LONDON, ENG. - 2-3 Caxton House, Westminster, S. W. 1 BIRMINGHAM, ENG. - - - = - _ Prince’s Chambers Cable Address IROTRAPEN, London Subscription, United States and its possessions, $3 per year; Canada $4.00; Great Britain and other Foreign Countries, £1:0:0. Single copies 35 cents. Back numbers over three months 50 cents. The Cleveland News Co. will supply the trade with MARINE REVIEW through the regular channels of the Ameri- can News Co. European Agent, The International News Co., Breams building, Chancery Lane, London, E. C., England. Member, the Audit Bureau of Circulations, Associated Busi- ness Papers, Inc. and the National Publishers Association. _En- tered at the Post Office at Cleveland, Ohio, as Second Class Matter, under the act of March 3, 1879. Copyright 1925 by The Penton Publishing Co., Cleveland, O.