HELP FOR BRITISH SHIP OWNERS
REPORTED LOAN PLAN
£CKAIMMN<; OIiSOI.L'iE VJ'.SSF.kS LONDON, April 20. j The -Daily Herald" says Mr j Walter Runciman. President of the | Board of Trade, is expeeted foon to j announce Government plans to pro- . vide loans lor shipbuilding on ex- | ceptional terms, on eondition that j obsolete tonnage is scrapped. Th" plans are believed to stipulate that six old ships must be broken up for every new ship built.. Owners will be forbidden to sell old ships abroad. ;
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Bibliographic details
Press, Volume LXX, Issue 21146, 23 April 1934, Page 11
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83HELP FOR BRITISH SHIP OWNERS Press, Volume LXX, Issue 21146, 23 April 1934, Page 11
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