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CANADIAN RAILWAYS

LARGE ANNUAL GRANT. OTTAWA', Juno 10. Following a long debate, the House of Commons passed the annual grant to the Canadian National Railways for the ensuing year. This amounts to £14,600,000. The sum included £400,000 as the purchase price of the company’s new headquarters, which was guaranteed by the Government, pending the formation of a New York syndicate to handle the deal. This course was much criticised, but the item was passed, the Prime Minister declaring that the Government was prepared to support the management.

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https://paperspast.natlib.govt.nz/newspapers/ODT19230626.2.74

Bibliographic details

Otago Daily Times, Issue 18898, 26 June 1923, Page 7

Word Count
87

CANADIAN RAILWAYS Otago Daily Times, Issue 18898, 26 June 1923, Page 7

CANADIAN RAILWAYS Otago Daily Times, Issue 18898, 26 June 1923, Page 7