Word: merchantable
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Dates: during 1920-1929
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...tide ebbed from Belgium, engulfing Imperial Germany instead, the emerging German Republic took other colors: black, red and gold. Last week Germans were stirred to notable excitement when the Cabinet ordered that alongside the Republican standard there shall be flown by all German diplomatic and consular offices the Merchant Marine flag-a flag whose coloring is nine-tenths "imperial" and only one-tenth "republican...
...Merchant Marine flag happens to have the same colors as the old Imperial flag, with a small field in the upper staff corner of Republican black, red and gold...
Toward the end of the week the Cabinet yielded slightly, modified its original ruling so as to apply only at seaports. Inland, the Republican colors will fly alone. But German sailors, arriving at port under the "nine-tenths imperial" Merchant Marine flag, will be able to identify the German legation or consulate by the display of both flags...
...major developments important to the U. S. merchant marine were taking shape last week...
...consummating the $35,000,000 sale of half his fleet to British operators, caused concern to U. S. shippers. They felt that this sale- of the British-registered but U. S. operated and underwritten White Star line's 500,000 gross tonnage- meant further disintegration of the U.S. merchant marine. It may be that President Franklin will use the sales proceeds to wipe out an International Mercantile Marine indebtedness of almost like amount or, and more probably, to buy up certain U. S. Shipping Board vessels, including perhaps the Leviathan, and thus really strengthen the national merchant marine...