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ANOTHER PROTEST.

SUEZ CANAL CHARGES. LONDON, May 10. Sir Arnold Wilson, addressing the Royal Empire Society, of the Migration Committee of which he is chairman, urged that in view of Britain's overwhelming interest in the Suez Canal British representation on the board should not be confined to retired private secretaries. He said the Suez Canal dues were nearly 25 per cent greater than those of the Panama Canal, although the latter cost more and the running costs were double. American trade with the Far East and Japanese trade with Asia thus had an advantage. Britain should assert her interest against the company's high-handed methods and excessive charges. A message from Paris says the balance-sheet of the Suez Canal Company reveals that receipts in 1932 were £1,700,000 less than in 1931. A gross dividend of £6 was declared. Tonnage declined 5.6 per cent in the year.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AS19330517.2.81

Bibliographic details

Auckland Star, Volume LXIV, Issue 114, 17 May 1933, Page 7

Word Count
145

ANOTHER PROTEST. Auckland Star, Volume LXIV, Issue 114, 17 May 1933, Page 7

ANOTHER PROTEST. Auckland Star, Volume LXIV, Issue 114, 17 May 1933, Page 7