BRITISH CHANGE URGED
SHIPBUILDING POLICY ASSISTANCE TO OWNERS FUTURE PACIFIC SERVICE (Elcc. Tel. Copyright—United Press Assn.) (Reed. July 30, 1 p.m.) QUEBEC, July 29. Sir Edward Bealty, the chairman oi Canadian Pacific Steamships, Limited, who has returned from England, states that higher costs are delaying the building of the new Canadian-Austra-lian ships.
He says that the service will continue, but if Britain is to meet the threat of foreign competition, she must change her shipbuilding policy. "Britain is no longer a great shipping nation and must subsidise the builders and companies, or both," he said. "When the time is ripe a better Pacific service than that provided by the United Stales companies will be given."
A message from London states that the Daily Mail says that British shipyards lost the tender for the two frans-Pacific liners because it was £1,000,000 too high.
It is stated that the tenders received totalled £4,000,000 which, under normal conditions, should be no more than £3,000,000. This bears out the builders' assertions that rising costs do not enable tendering at prices economic to owners and shipbuilders. They declare that the main hope of building cheaper ships in the near future lies in some form of Government help.
SIR E. PAGE'S MISSION
VISIT TO CANADA
(Reed. July 30, 2.15 p.m.) CANBERRA, July 30
Sir Earle Page, who will arrive in Canada next Friday, will spend only 12 days there. In addition to trade negotiations, he will try and arrange for an improved British Pacific shipping service.
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Bibliographic details
Poverty Bay Herald, Volume LXV, Issue 19697, 1 August 1938, Page 7
Word Count
250BRITISH CHANGE URGED Poverty Bay Herald, Volume LXV, Issue 19697, 1 August 1938, Page 7
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