COMMONWEALTH LINERS.
EXPENSIVE FLEET TO RUN. ilteceivecl _.'*o p.m.) SVDXKV, this day. A .statement has been made that the cost of running the Commonwealth ships under Australian articles is considerably greater than of similar vessels under British articles. The Largs Bay, under the former, cost £2688 a month, against _I 4!» under the British articles. Tn addition, the initial cost of Commonwealth vessels exceeded the estimates by IT> per cent, from £1.000,000 each to £1._50,000. this involving additional duplication of interest and insurance.— I (A. and X.Z. Cable.)
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Bibliographic details
Auckland Star, Volume LIII, Issue 142, 17 June 1922, Page 7
Word Count
88COMMONWEALTH LINERS. Auckland Star, Volume LIII, Issue 142, 17 June 1922, Page 7
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