SHIPPING SUBSIDIES.
A FRENCH AGREEMENT
By Electric Telegraph. — Copyright. (Received Oct. 24, 8 a.m.) PARIS, Octr-23.' An agreement for tAventy-five years has been concluded between the French Government and the Messageries Maritimes Company regarding the payment of subsidies, including that to the Australian line. By this the State saves £40.000 a year. In return the State guarantees the company's new loan issue, which is designed to renew the fleet. The State reserves the right to participate in the profits of the subsidised services.
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https://paperspast.natlib.govt.nz/newspapers/TH19081024.2.29
Bibliographic details
Taranaki Herald, Volume LIV, Issue 13791, 24 October 1908, Page 5
Word Count
83SHIPPING SUBSIDIES. Taranaki Herald, Volume LIV, Issue 13791, 24 October 1908, Page 5
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