AUSTRALIAN NAVY

Evening Star, Issue 14529, 31 March 1911, Page 6

AUSTRALIAN NAVY

LOCALLY-BUILT WARSHIPS : . CONTEMPLATED. Press Association —By TelegTaph—Copyright SYDNEY, March 30. t The Federal Government contemplati e building warships locally. ,' The State Acting Premier (Mr Holman received a communication from the Com momvealth authorities asking whether am on what terms a second ckfis cruiser am three.destroyers could be built at tho Go verronent dockyards at Cockatoo Island " After being assured that the work coult ' bo undertaken, tho Acting Premier in 1 structed tho superintendent to submit are port. r > BANKS WILL BEAR THEIR SHARE. 5 LONDON, March 30. (Received March 31, at 9.52 a.m.y At the annual meeting" of the Bank o Australasia the president (Mr Lyttelton said that the cost to Australia and New Zealand of providing their own fleet woulc ' inevitably bo serious, but the directors o * his bank would bo among the first to cheer- • fully shoulder their share of the burden. HOME-BUILT SHIPS. SYDNEY, March 31. (Received March 31, at 9.-10 a.m.) 1 Mr Holman states that tho dock will probably be ablo to complete tho warships in two years on the basis of a percentage ■ charge upon the total cost, representing 7 or 8 per cent, upon the cost of material 'and labor. Tho dock is nearly completed. i Tho work of putting together the destroyer 1 Warrego is about finished, and she will be launched on Tuesday. MEN MUST COME FROM ENGLAND. SYDNEY, March 31. (Received March 31, at 10.15 a.m.) Tho dock superintendent estimates tho cost of turning out tho new warships at over half a million. It will require, he says, 3,000 men to buiid them, and these are not obtainablo in Australia.. 'They must get over a thousand shipwrights from England.