sation would put the sernc* into proper working order. Without such changes lie would not attempt* to carry oa, but if ho ctit would be impossible to Escape the suggestion of vindictiveue*Sj because ot railway history which was "too vind and recent to be ignored." SYDNEY BRIDGE LOSS. EXCHANGE SATE BURDENS. LONDON, December 4. The "Financial Timci'' says: "The lost on the Sydney Harbour Bridge is not surprising. It had been anticipated that the contract would be financially adverse. "Dormnn, Long and Co. incurred heavy losses on the transfer of payments for the bridge from Australia to England, owing to the unfavourable exchange. On this account $129,877 was written off in 1831, and £75,902 is included in the present bahtoccahect for further transfers-—thiii the 10S8 on the bridge to data is £442,270. '' The cost was inevitably affected by the strike of 192(5 and other troubles which delayed completion. The company's total deficiency for tho vear is £357,705."
Such of the news on this paxc as ij s« lioadeil Ims appearad in "Tlio Tlme»," «*'' i.j csbiod to Auntritin »nd New Za*iand by •special p«rmi««ion. It ■ho»ld fe* un|«f»topd liitt th« oplnienf ftf» Dot tfctM of "The «■•»". taint udiiuJ? itatti t* tt.it."
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Bibliographic details
Press, Volume LXVIII, Issue 20733, 19 December 1932, Page 11
Word Count
200Page 11 Advertisements Column 6 Press, Volume LXVIII, Issue 20733, 19 December 1932, Page 11
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