£2,000,000 PLAN FOR FRENCH PORT

Poverty Bay Herald, Volume LIII, Issue 16339, 13 May 1927, Page 2

£2,000,000 PLAN FOR FRENCH PORT

TO CAPTURE GERMAN TR|DE. NEW YORK, March 20. A £2,000,000 development selieme for the French port of Havre, to give it a greater docking frontage than that of Southampton, has been formulated, according to the New York HeraldTribune, which refers to it as “a revolutionary revision of the TransAtlantic goods and passenger traffic, with a possible international trade war in consequence. 7 ' Lord Kyisant, head of the Royal Mail Co,, which recently purchased the "White Star Line, is associated in the project with the French Conipagnie Industricllc- Maritime and the American firm of Huntington Jackson and Co., which includes among its directors Mr. Percy Rockefeller, of the multimillionaire Rockefeller family, and Mr H. S. Thompson, founder of the Thompson Starrett, Corporation, the largest sky-scraper construction company iu America.

The reconstruction of the port will be completed in 1928. when TransAtlantic liners will call there instead of at Cherbourg, because of Havre's greater facilities and nearness to Paris.

Havre will also become a free port, 1 and is expected to attract a substantial part of Hamburg and Antwerp business.

The newspaper adds that the Havre propect “marks a counter-move by French, British and American business interests against the strides which German commerce has been making since the war."