SUBSIDISED STEAMERS.
.(Received August 16, 0.35 a.m.) LONDON, August 15. Canada’s subsidy to the Allan Syndicate’s South African lino of steamers is £30,000 per annum. Great Britain gives £15,000. The “ Daily Express ” asserts that the King, the Prince of Wales and Mr Chamberlain interested themselves in the above scheme.
Arrangements are being completed between Britain, Canada, the Allan Syndicate and the Pacific Railway Company for a fast service from Montreal to Liverpool. In conjunction therewith a through freight service to Australia will be initiated, with a fast regular service of steamers, coupled together by the Canadian-Pacific railway, pooling the profits derived through freights.
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Bibliographic details
New Zealand Times, Volume LXXII, Issue 4734, 16 August 1902, Page 5
Word Count
103SUBSIDISED STEAMERS. New Zealand Times, Volume LXXII, Issue 4734, 16 August 1902, Page 5
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