HEALY, Circuit Judge.
While en route from the Hawaiian Islands to the continental United States, on December 11, 1941, the Matson ship LAHAINA was sunk by a Japanese submarine. In this suit the owner sought to recover from the War Damage Corporation the value of the ship, its theory being that protection for the loss was afforded by § 5g of the Reconstruction Finance Corporation Act. Recovery was denied below, and the Matson Company appeals.
Section 5g...
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