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FEDERAL STEAMERS

THE COST OF RUNNING

INTERESTING COMPARISONS.

(UNITED PRBSB ASSOCIATION.—COPTRIGHT.) (Received June 17, 11 a.m.)

SYDNEY, This Day.

The statement is made that the cost of running the Commonwealth ships under Australian articles is considerably greater than that of rumivng similar vessels under British articles. The Largs Bay, under Australian articles, would cost £2688 pel" month, as against £1496, the cost under British articles'. In adidition, the initial cost of the vessels exceeded the estimates*by 25 per cent., being a million and a-quarter each, instead of one million. This involves additional charges for depreciation, interest, and insurance.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19220617.2.19

Bibliographic details

Evening Post, Volume CIII, Issue 141, 17 June 1922, Page 5

Word Count
98

FEDERAL STEAMERS Evening Post, Volume CIII, Issue 141, 17 June 1922, Page 5

FEDERAL STEAMERS Evening Post, Volume CIII, Issue 141, 17 June 1922, Page 5