PACIFIC SHIPPING.
IN EVENT OF EMPIRE SUBSIDY. . TWO NEXV SHIPS INTENDED. United Press Association—~Copyright) LONDON, June 16. Sir Edward Beatty (chairman of Ca—nadian Pacific i-Steamships, Ltd., on arrival at Southampton, indicated that orders would be placed. immediately for two ships for the Canadmin—Australian line in the .Pacific, if the British; and Dominion Governments reached an agreement regarding a subsidy. It would :he necessary to build ships of at least 22,000 tons, m'th: a speed of 22 knots. The cost would be about £2,500,000. Sir Edward Beatty intends to confer with the Hour. Alexander Shaw (chair—man of the I’. and 0. Cbmpasny), Mr “'nlter Runciman (President of the Board of Trade), and Mr Malcolm Mac-Donald (Secretary of State for the (Dominions. ‘
The amount of the subsidy has not been settled, but it. will he divisible be‘tween the Imperial. Government, and the. Governments of Australia, New Zenlnnd, Cifllllildilv and Fiji. Sir Edward Bentty is very hopeful of a settlement so that the Empire route will be preseryed.
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Bibliographic details
Ashburton Guardian, Volume 56, Issue 211, 19 June 1936, Page 5
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165PACIFIC SHIPPING. Ashburton Guardian, Volume 56, Issue 211, 19 June 1936, Page 5
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