ATLANTIC SHIPPING

Poverty Bay Herald, Volume LXI, Issue 18587, 22 December 1934, Page 5

ATLANTIC SHIPPING

BIG LINERS CONDEMNED

CRITICISM IN FRANCE

AIR TRAVEL PREDICTED

(Received Dec. 22, noon.) PARIS, Dec. 21.

During a debate in the Senate, M. Hennessey condemned, the building of the Normandie at. the cost of £1,000,000 as France’s reply to the Queen Mary., He expressed the opinion that it Was impossible for the Normandie ever to pay. “There are hardly any noveaux riches left,” he said. “liven Hollywood stars were travelling in more modest suites. Long before tin- Normandie has a chance of paying for herself, there will be a trans-Atlantic air service.”

M. Bertrand, Minister of Mercantile Marine, replied that French companies were nearing an agreement among themselves wit-lite reign competitors to abolish unprofitable competition.

CURBING COMPETITION

■■■ /, PROPOSED NEW SERVICE

(British Official WiroleAs.) Ree. 10 a.m. RUGBY, Dec. 21. The proposal of a British group to buy Red Star liners and organise a new trans-Atlantic service at cheap rates was again raised in the House of Commons.

Mr. Neville Chamberlain, replying to a question, refused to reconsider his decision to discourage the necessary capital issue to .finance this project. He said that a recent revision of the scheme by the promoters did not alter the fact that it would revive uneconomic competition to the prejudice of British interests in the north Atlantic trade.