HARBOUR BRIDGE PLAN

New Zealand Herald, Volume LXXI, Issue 21764, 2 April 1934, Page 12

HARBOUR BRIDGE PLAN

FINANCE IN LONDON TELEPHONE CONVERSATION EARLY RESULT EXPECTED Following a wireless telephone conversation with London on Thursday, tho Auckland Harbour Bridge Company has been notified by the solicitors for tho English financiers who are concerned with the bridge project that, they are hopeful that the negotiations will Incompleted early this month. The following statement was issued on Saturday by the secretary to the company, Mr. C. G. Aslulownc:— "Through the courteous assistance of the Auckland Chief Post Cilice, the secretary of the Harbour Bridge Company was put into wireless telephonic; communication with the London solicitors for the financiers on Thursday evening last. The object of the conversation, which was to expedite the negotiations, was achieved, inasmuch as the company is assured that matters are progressing to the entire satisfaction of all parties concerned. "The conversation, \vhieh came through particularly clearly, confirmed recent important cables and indicated that successful completion of the negotiations was not likely to be long delayed. It is possible that it may he necessary for a representative of the company to leave for London at an early date. Should this prove to be tho case, tentative arrangements have been made accordingly. "This morning we received a cablegram from tho solicitors stating: 'Hopeful of reaching finality in negotiations early in April.' This message was sent in response to our request for cabled confirmation of tho outcome of the wireless telephonic conversation." Commenting upon the statement, Mr. A. Harris, M.P. for Waitemata, who has conducted various negotiations on behalf of the company, stated that the directors were sparing no effort to ] secure early completion of the scheme, i and he thought they would succeed. j