TWIN HARBORS TUMBER GOMPANY

Aberdeen, Woshington

Mqnufqcturers qnd Distributors of West Cocrst Foresl Producls

525 Boqrd of Trode Bldg. PORTLAND 4, OREGON

Phone Afwqter 4142

SAN FRANCISCO I I

Frank J. O'Gonnor

GArfield l-5544

Colif orniq RePresenlolives

TROPICAL & WESTERN LUMBER COMPANY

609

5O3 Professionol Bldg. EUREKA. CALIFORNIA

Phone 4142 tOS ANGELES 15

G. P. Henry & Co.

PRospect 6524

Executes Operatin g-Diff erenti al Subsidy Contract With U.S. Maritime Commission

George A. Pope Jr., president of Pope & Talbot, Inc., announced today that their wholly-owned West Coast subsidiary, the Pacific Argentine Brazll Line has officially executed an operating-differential subsidy contract with the U. S. Maritime Commission for their vessels operating in the route, covering Pacific Coast ports to the East Coast ports of South America. The first vessel sailing in this service under the subsidy will be the P&T Pathfinder, which will commence loading at Vancouver, British Columbia, on February 4. The P. A. B. Line route extends from Vancouver, Seattle, Portland, San Francisco, and Los Angeles, thence through the Panama Canal to ports along the East Coast of South America, as far south as Buenos Aires.

Mr. Pope feels that this subsidy contract is a victory not only for his company but for Pacific Coast shippers and business interests, as it was largely through their support that the merits of the Pacific Argentine Line were established.

The Pacific Argentine Brazil Line is the pioneer operator on this route, originally established in 1926 by the parent company, Pope & Talbot, Inc., and is a big carrier of Western products to South American countries.

Pope & Talbot was established in San Francisco in 1849 and has been engaged in seafaring enterprises ever since. The company has large financial resources and substantial business interests throughout the West Coast, in Los Angeles, San F'rancisco, Portland and Seattle.