SYDNEY HARBOUR BRIDGE
REASON FOR CONTRACTORS' LOSS PAID-IN AUSTRALIAN POUNDS. Press Association —By Telegraph—Copyright. LONDON, December 20. (Received December 21, at 10 a.m.) Explaining the loss on the Sydney Bridge tho chairman, Mr Charles Mitchell, pointed out that the company had been paid in Australian pounds, which no one in 1924 could possibly have foreseen would have depreciated to 16s by 1931. [Messrs Dorman and Long’s report revealed a loss of £247,000 on the Sydney Bridge contract.]
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Evening Star, Issue 21291, 21 December 1932, Page 3
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77SYDNEY HARBOUR BRIDGE Evening Star, Issue 21291, 21 December 1932, Page 3
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