State Must Help British Shipbuilders
(Received 1.30 p.m.) QUEBEC, July 29. Sir Edward Beatty, chairman of the Canadian-Pacific Railways, who has just returned from England, states that higher costs are delaying the building of the new Canada-Australia liners. The service will continue, but, if Britain is to meet the threat of foreign competition, she must change her shipbuilding policy. Britain is no longer a great shipping nation, and must subsidise builders or companies, or both. When the time is ripe, a better Pacific service than that of the United States will be given. The “Daily Mail,” says a London cable, states that British shipyards lost the tender of the two transpacific liners because the cost of. £1,000,000 was too high. It is slated that tenders received totalled £4,000,000. which, under normal conditions, should be no more than £3,000,000. This bears out the builders' assertion that rising costs will not enable the tendering of prices economic to owners and shipbuilders, and the paper declares that the main hope for building cheaper ships in the near future lies in some form of Government help.
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Northern Advocate, 30 July 1938, Page 8
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182State Must Help British Shipbuilders Northern Advocate, 30 July 1938, Page 8
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