FEWER JOBS
WHAT LAYING UP OF SHIPS MEANS. LONDON, May 10. Merchant officers and seamen will be seriously affected if the Government’s subsidy proposal is adopted, the secretary of the Officers’ Merchant Navy Federation (Captain Coombs) told the “Daily Mail.” The proposal is said to be an offer of financial assistance in the building of a modern vessel, on condition that three existing ships were laid up and not sold to foreigners. Captain Coombs says it is to be hoped that, if the plan is adopted, special provision will be made to assist unemployed officers, also youngsters who are prevented from going to sea in order to become officers. Moreover, if Britain wants ships in an emergency, we shall be stranded. Foreign subsidies aggregated £30,000,000 \ year. Mr Maurice Hill, an official of the United Kingdom Chamber of Shipping, emphasised that an American line in 15 voyages to New Zealand carried mails which, at postal rates, would have earned £136. Instead, it received £46.000.
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Bibliographic details
Timaru Herald, Volume CXXXVII, Issue 19804, 21 May 1934, Page 14
Word Count
163FEWER JOBS Timaru Herald, Volume CXXXVII, Issue 19804, 21 May 1934, Page 14
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