COMMONWEALTH LINE.
REPLY TO LORD INCHCAPE.
BAY STEAMERS PAYING.
Australian and N.Z. Cable Association. (Becd. 4.5 pjq.) SYDNEY. Dec. 16. Mr. P. G. Larkin, replying to Lord Inch cape's comments on Government shipping, says that the Commonwealth Line will survive the existing strain as long as its competitors. Its past' losses were duo to Australia's ship-construction activities, not to the bona-fide carrying business of the line. During 1925 Commonwealth ships carried double as much cargo from the United Kingdom as they did in 1922. Mr. Larkin regrets that the P. and 0. Line is losing money, but says that the Bay steamers are paying their way.
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Bibliographic details
New Zealand Herald, Volume LX, Issue 18584, 17 December 1923, Page 9
Word Count
106COMMONWEALTH LINE. New Zealand Herald, Volume LX, Issue 18584, 17 December 1923, Page 9
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