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American Vessels Are Successtully in World Trade Seventeen Government-built Passen- ger and Freight Ships Now Privately Owned and Operated Are Profitably Engaged in Foreign Trade — Round- the-World and West Coast to Services Steadily Gaining Prestige Through Prompt Re- liable Operation and Excel- lence of Accommodations I of hard knocks,” said Capt. Rob- ert Dollar at a luncheon in his honor at the Whitehall club in New York two years ago. This university long recognized as of supreme excel- lence in turning out men who are able to cope successfully with the prob- lems of life may well be proud of its illustrious son. The restless energy which has driven him to fame and fortune still stirs him to action. To- day at the age of 82 accompanied by Mrs. Dollar he is on his way around the world in order to person- ally look over the large interests of his company in foreign fields and par- ticularly the Far East. AM a graduate of the university His native shrewdness coupled with untiring zeal in connection with all his enterprises and the fact that he finds keen pleasure in his work have Operated Orient Capt. Robert Dollar, Nestor of American shipping, who in his eighty-third year is again cir- cumnavigating the globe on one of the ships of his Round-the-World-Service helped him to overcome all obstacles even those which it has so often been said makes it impossible to operate American ships profitably in the for- eign trade. And he preaches what he practices for he has said with complete sincerity: “There is a big field in the shipping business. Any boy who devotes his time to it can make a success of it despite all the harping to the contrary.” Since September 1923 the Dollar interests under the active management of his son R. Stanley Dollar has pur- chased from the United States gov- ernment and placed in successful op- eration around the world and across the Pacific 17 passenger and freight ships. These vessels were planned during the war as troop ships and were completed as merchant vessels in 1921 at a total cost of $93,943,840. For all of these vessels, and in the case of the 10 larger ships including established services, the Dollar com- pany has engaged to pay the United Ss. S. PRESIDENT PIERCE OF THE DOLLAR STEAMSHIP LINE’S CALIFORNIA-ORIENT SERVICE—ONE OF THE FIVE LINERS LISTED IN TABLE 2 PAGE 19 17 535-FOOT