PACIFIC SHIPPING.
SOME HOPES OF AGREEMENT ON SUBSIDY.
NEW & FAST SHIPS NEEDED FOE SERVICE. CANADIAN REPRESENTATIVE IN ENGLAND. (Received Thursday, 7.30 p.m.) ■ LONDON, June 18. Sir Edward Beatty, President of the Canadian Pacific Railway, upon his arrival at Southampton indicated that orders would be placed immediately for two ships for the Canadian-Australian Line in the Pacific if the British and Dominion Governments reached an agreement regarding a subsidy. It would be necessary, he said, to build ships of at least 22,000. tons, with a speed of twenty-two knots. The cost would be in the region of £2,500,000. Sir E. Beatty intends to confer with the Hon. Alexander Shaw, .Mr. W. Runciman and Mr. Malcolm MacDonald. The amount of the subsidy has not been settled, but it would be divisible between the Imperial Government and the Governments of Australia, New Zealand, Canada and Fiji. Sir E. Beatty is very hopeful of a settlement in order that the Empire route may be preserved.
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Bibliographic details
Wairarapa Age, 19 June 1936, Page 5
Word Count
161PACIFIC SHIPPING. Wairarapa Age, 19 June 1936, Page 5
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