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EXHIBITION TERMS

DOMINIONS' SHARE OF PROFITS.

LONDON, 24th May. The Board of the Empire Exhibition has agreed to the final draft of the agreement with the Dominions, "Vhich provides that after the cost of gas, electricity, and water has been paid, half » million of the profits shall be divided between Britain and the Dominions equally. If further profits' are .available, the Dominions will take another £400,000. This will be their final share, Britain taking the remainder of the profits, if any. Britain also will retain the buildings and other assets.

Sir James Stevenson, at a 'Colonial Institute dinner, paid a glowing tribute to Sir James ""Allen for tho remarkable manner in which he had looked after the interests of the Dominions and brought about the agreement. The High Commissioners will meet to-morrow, when no doubt they will sign the agreement.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19230526.2.57.3

Bibliographic details

Evening Post, Volume CV, Issue 124, 26 May 1923, Page 7

Word Count
140

EXHIBITION TERMS Evening Post, Volume CV, Issue 124, 26 May 1923, Page 7

EXHIBITION TERMS Evening Post, Volume CV, Issue 124, 26 May 1923, Page 7

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