An item reported that the Turkish government approved a five years program for improving and increasing the Turkish merchant shipping with a budgte of 8 million Turkish pounds. The budget was to be used for building abroad of 10 ships of a tonnage varying between 4.500-10.000 tons and a speed of about 14 miles. Under the budget year 1 June 1935-31 May 1936 was the first 2 million available and were building orders to be expected.
