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August, 1926 MARINE REVIEW Marine keview The National Publication Covering the Business of 4 —————— =THE BUSINESS OF TRANSPORTATION BY WATERS: Published monthly by The Penton Publishing Co., Cleveland, Ohio, U. S. A. Cleveland Office, Penton Bldg. H. Cole Estep, Vice President A. H. Jansson, Editor J. D. Pease, Advertising Director F. V. Cole, Circulation Manager H. O. Taylor R. C. Coursen Boston Office, 1037 Old South Bldg. H. R. Simonds Chicago Office, 1147 Peoples Gas Bldg. E. C. Barringer New York Office, 220 Broadway, Joseph Fuller, Eastern Representative E. C. Kreutzberg B. K. Price Pittsburgh Office, 2148 Oliver Bldg. S. H. Jasper W. H. Lloyd San Francisco Office, 24 California St. Don Partridge Washington, D. C. Office, 1653 Pennsylvania Ave. L. M. Lamm London Office, 2-3 Caxton House, Westminster, S. W. 1 Vincent Delport 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. supplies the trade with MARINE REVIEW through. the regular channels of the American News Co. European Agent, The International News Co., Breams building, Chancery Lane, London, E. C., England. Member, the Audit Bureau of Circula- tions, Associated Business 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, 1£79. Copyright 1926 by The Penton Publishing Co.; Cleveland, O. Transportation by Water FOUNDED 1878 CONTENTS Vol. 56 August 1926 No. 8 Page Need Capital Merchant Ships.......................008 15 Shipbuilding Deserves a Square Deal................ 16 By J. Harry Mull Operate American Vessels Successfully............ 17 Why Section 28 Will Not Helbp.................0...... 21 By John H. Frederick New Type of Diesel Engine....................c.cccsesesee Za By John H. Barnard British Shipping Gets Setback......................008 26 By Vincent Delport Forty-year Old Ship Rebuilt........50000.0.05.45..0 28 Pennsylvania R. R. Diesel Electric Tug........... ee), Launch Modern Type Dump Scow....................0 30 Fuel Oil on the Great. Lakes.....7.......42........, 31 By E. C. Barringer From the Old Log Book:...::..:..... i. ae 32 Marine News in Pictures... ccc 33 Good Lubrication is Essential........................00 34 By T. M. Gunn Dock Management PYogress.............::sscccccccrssssees 35 Mobile Builds Terminal By David Holt Channel Steel Dump Scow Completed................ 48 Dalton Appointed Emergency Fleet Head........ 52 What the British Are Doing... 54 What’s Doing Around the Lakes........................ 54 Ocean Freight Kates—Bunker Prices................ 56 Marine Business Statistics—Ports..................... 58 Maritime Law—Late Decisions.......................000 60 By Harry Bowne Skillman Marine Disasters—Late Flashes........................62-64 Trade Publications Reviewed.................::sssseeeeeeee 66 Business News for the Marine Trade............... ~ 66