DOMINIONS' LONDON OFFICES
GUARANTEE FUND SUBSCRIBED. By Telegraph.— Prew Assoetftttou,— Copyright. LONDON, 6th March. Lord Grey states that he a.nrt personal friends interested in the overseas Dominions have subscribed a guarantee fund of £10,000 in connection with theAldwych site in the Strand. If the Dominions choose to manage the proposed building, which it is hoped will become th© London homes of the overseas Dominions, the promoters will retire without a profit. If the Dominions do not .care to take the responsibility, then the promoters will build and take alt the 'risk at a maximum profit of 8 per cent. tTht« London Improvements Committee haa recommended that the City Council grant Earl Grey for £3000 per annum th* optioft for two years of taking the Strand Crescent site, of 124,000 square feet, at an annual rental of £50,000. Earl Grey's idea is to indue© th© various Dominions to concentrate their offices, while another feature ot th* Kchcimo i« to provide accommodation for the commercial and social needs of th© Dominions, including a permanent- «p« to-date exhibition of manufactured nrticles used in the Dominions, with facilities for Horn© manufneturers getting in touch with th© Dominions.]
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/EP19130307.2.77
Bibliographic details
Evening Post, Volume LXXXV, Issue 56, 7 March 1913, Page 7
Word Count
193DOMINIONS' LONDON OFFICES Evening Post, Volume LXXXV, Issue 56, 7 March 1913, Page 7
Using This Item
Stuff Ltd is the copyright owner for the Evening Post. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.