EMPIRE EXHIBITION
'AGREEMENT WITH DOMINIONS. FINAL DRAFT APPROVED. Preaa Association—By Telegraph—Copyright LONDON, May 24. (Received May 25, at 7.45 p.m.) •< The Board of Empire Exhibition agreed to the final draft of the agreement with the dominions, which provides that after the cost of gas, electricity, and water has been paid, £500,000 profit will be divided between Great Britain and the dominions equally. If further profits are available the dominions will take another £400,000. ’(’his’ will be their final share, Great Britain taking the remainder of the profits. If any. Great Britain also will retain the buildings and other assets. 'Mr James Stevenson, at the Colonial Institute dinner, paid a glowing tribute to Sir James Allen for the remarkable manner in which he has looked after the interests of the dominions, and brought about an agreement. The High Commissioners will meet toTnoi'row, when no doubt they will sign the agreement. —A. and N.Z. Cable.
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Bibliographic details
Otago Daily Times, Issue 18872, 26 May 1923, Page 8
Word Count
153EMPIRE EXHIBITION Otago Daily Times, Issue 18872, 26 May 1923, Page 8
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