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Salients in Day's News

House and Senate Agree on Naval Construction Bill

Washington, March 19--An agreement on the Vinson-Trammell Bill authorizing construction of the American fleet to treaty strength within five years was reached tonight by House and Senate conferees.

The measure provides for the construction of 102 ships of all categories at an estimated cost of $400,000,000 to $900,000,000 and 1184 airplans at a cost of $96,000,000

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