SHIPPING COMBINE.
TWO BRITISH FIRMS. ! SHAREHOLDERS' APPROVAL. Br Telegraph—Press Association— Copyright London, June 24 The Peninsular and Oriental Shipping Company's stockholders' have approved of the amalgamation with the British India line. Sir Thomas Sutherland (chairman of the P., and O. Company) stated that though the company was tho controller of the combine, it would not undertake the detailed management of the British India Company for at least 10 years, during which the British India Company would retain its own management. Sir Thomas hoped that Lord Inchcapo (chairman of the 8.1. Co.) would becom 1 ; head of the combine when he himself retired.
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Bibliographic details
New Zealand Herald, Volume LI, Issue 15645, 26 June 1914, Page 7
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102SHIPPING COMBINE. New Zealand Herald, Volume LI, Issue 15645, 26 June 1914, Page 7
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