American president Coolidge approved selling government merchant ships according to the Dutch newspaper Het nieuws van den dag voor Nederlandsch-Indië dated 12 February 1929

An item dated Nauen 10th referred to tidings  from New York, USA reporting that the American president Coolidge approved the sale of 13 ships of the government merchant fleet to private companies.

Notes
1. John Calvin Coolidge (4 July 1872 Plymouth, Vermont, USA-5 January 1933 Northampton, Massachusetts, USA), president 2 August 1923-4 March 1929.