FEDERAL STATE STEAMERS.
* CRITICS ANSWERED. (Rec. November SO, ?. 30 p.m.) LONDON, November 29. Tho Director of the Commonwealth hipping Line, Mr Larkin in a letter ) "The Journal of Commerce," rclyingj to crijficg who predicted tho tommonwealth shipping policy would rivo tonnago away from Australia, nd who alleged that tho Commonroalth Line would, eventually become , charge on taxpayers, denies tho alegations. Ho says the Commonrcalth lino "is still a very profitable ivestmcnt, although perhaps not so Hroiitable as some of the shipping Htmference's lines, which, although Wpjr desiring an increase in rates, on ■Jlßeto that every voyage tinder exist■g conditions show a heavy loss, are Hill able to itoy (fifteen per cent, diHdends, of income-tax. They 'also H-e able to distribute bomts snaTes. ■Mr Xarkin claims that the Govern-
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Bibliographic details
Grey River Argus, 1 December 1920, Page 3
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128FEDERAL STATE STEAMERS. Grey River Argus, 1 December 1920, Page 3
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