LARGEST BATTLESHIP BRINGS HEAVY LOSS
LONDON. Battleship building is not always profitable even to armament makers. Lord . Southborough, presiding at a meeting of Armstrong Whitworth and Co., London, explained part of the losses of £500,000 incurred last year by this leading British iron and steel firm, as due to this cause. . “Tho building of the battleship Nel-son-—a very costly business,” ho said, “has resulted in a substantial loss as to which discussions arc now taking place with certain government departments.” The Nelson, is the last word in post-, war British battleships. It is a 35,000ton vessel completed at Newcastle-on-Tync last year at a cost to the British Government of £7,000,000.
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Manawatu Times, Volume LIII, Issue 6669, 24 July 1928, Page 10
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110LARGEST BATTLESHIP BRINGS HEAVY LOSS Manawatu Times, Volume LIII, Issue 6669, 24 July 1928, Page 10
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