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406 (Continued from page 396) freight moved and passengers carried and the Pacific Steamship Co. is paying substantial divi- dends. The Matson company is expanding to meet the growing transportation needs of the Hawaiian Islands. Passenger travel to the islands has become very popular, and as everyone knows, the largest and finest passenger liner ever built in American yards is now under construction for this company with delivery expected early in 1927. The Inter-Island Navigation Co. now un- der Matson control added a new passenger steam- er to its fleet in 1923 and plans are now under way for an additional vessel. Several of the big industrial fleets like the Isthmian, the Standard Oil and the United Fruit are very active. The Isthmian line now has under construction two Welland canal size diesel electric and double acting diesel freighters, duplicate in size and general arrangement of the two diesel freighters constructed in 1923 for Great Lakes, St. Lawrence and Ocean service. This company is also seriously considering adding two or more large fast twin screw diesel pro- pelled freighters of perhaps 14,000 tons dead weight each. Government Selis to Private Owners Sales of shipping board vessels and entire ser- vice to private operators have been going on at an exceptionally brisk rate until quite recently when the board and Admiral Palmer came to an acute difference of policy in regard to sales, and the Admiral’s resignation was requested. The Dollar company gave a start to the selling pro- gram over two years ago by buying seven of the President type of ships and placed them in a newly inaugurated round-the-world service. That the Dollar round-the-world service has come to stay and is making real headway is clearly indi- cated by the fact that, after the PRESIDENT POLK was seriously damaged at her dock in Brooklyn, N. Y., by fire, about $500,000 was expended in elaborately rebuilding, in adding greater passen- ger accommodations than she had originally, and then replacing her in service. The same com- pany was successful in its bid for the five Presi- dent ships operated by the Pacific Mail Steam- ship Co. from San Francisco to the Orient. Then the Ford Motor Co. bought 200 shipping board ships for scrapping. quick succession the sale of the American Palm- etto line comprising six freight vessels to the Carolina Co., Charleston, the American Export lines engaged in the New York, Philadelphia, Baltimore to Mediterranean and Black sea ports, comprising 18 cargo vessels, to the Export Steam- ship Co., New York. Negotiations have practically been completed for the sale of the American Diamond line oper- ating 12 vessels from Atlantic ports to Antwerp and Rotterdam; the American Yankee line oper- ating 6 vessels from Atlantic ports to German ports; the Pan-America line comprising 4 pas- é6enger and cargo vessels of the 535-foot type, operated by the Munson Steamship Lines between New York and the East coast of South America: the American Republics line operated in the South American freight trade; and the Pacific Austra- MARINE REVIEW After which followed in. November, 1925 lian line. The consummation of these sales have been held up for the time being, but they should and may be carried through in due course. Diesel Engine Work Underway Conversion of steam vessels to diesel is under way including 14 for the shipping board, 2 for the Standard Oil Co. of N. J. and one for the Ford Motor Co., the Lio a large oil tanker, a large diesel electric dredge and numerous smaller craft such as tugs and work boats. The Pennsyl- vania railroad is building new floating equip- ment using diesel electric power. The New York Central is considering the building of two tugs with diesel drive, and a diesel lighter and a steam ferry boat for the same company have re- cently been completed. Two diesel electric tugs have been ordered by the Wilmington Transporta- tion Co., Los Angeles, for approximately $125,000 each. Plans are under way for two ferry boats for the Key System Transit Co. in San Francisco. New York city has recently requested bids on a new ferry boat to cost over $800,000. The Gen- eral Petroleum Corp., San Francisco, has re- cently placed in commission a new shallow draft diesel electric tanker, and a similar vessel is now under construction for this company. There is considerable activity in the building of hopper and pipe line dredges. In this type of craft diesel and diesel electric power for propulsion and operation is recognized as practically stand- ard practice. The present and potential activity of the ma- rine industry cannot be ignored. With a gov- ernment policy practically helpful and encour- aging to the upbuilding of a privately operated merchant marine, with such unfair handicaps as now exist removed and with the inevitable expansion of foreign trade, the future of the American merchant marine looks promising. The growth must be slow to be permanent and satis- factory. (Continued from page 402) Blocks in a Dry Dock,” by Lieut. Commander Ey- erett L. Gayhart, C. C., U. S. N. member. 12. “Some Matters Relating to Large Air- ships,’ by Commander Garland Fulton, C. C., U. S. N., member. 13. “The Aerodynamics of Yacht Sails,’ by Prof. Edward P. Warner, member and Shats- well Ober, visitor. 14. “The Double Acting, Two Cycle Oil En- gine,” by Olav E. Jorgensen, member. The social feature of the meeting of the So- ciety of Naval Architects and Marine Engineers will be the annual banquet which will be held as usual in the Grand ball room of the Waldorf- Astoria, Thirty-fourth street and Fifth avenue, New York, on Friday evening, Nov. 13 at 7:45 p.m. Immediately preceding the banquet there will be a reception beginning at 6:45 p.m. The popularity of this event may be appreciated by the fact that the committee on arrangements has decided to limit the total number to 500.