Jasper County Democrat, Volume 23, Number 66, Rensselaer, Jasper County, 13 November 1920 — HOG ISLAND BID IS TOO LOW [ARTICLE]

HOG ISLAND BID IS TOO LOW

Shipping Board Refuses to Take $lO,000,000 for Plant. Washington, Nov. 12.—A bin of $lO,000,000 for the Hog island shipyard, made by J. N. Barde of the Barde Steel Products corporation of New York, has been rejected by the shipping board, Chairman Benson announced. Admiral Benson said the sum offered was entirely too small, adding that.the Hog island plant was not for sale at a bargain. The Barde company has made offers of $4,000,000 and $6,000,000 fol the plant heretofore.