PACIFIC SHIPPING
SUBSIDY PROBLEM SIR R. BEATTY HOPEFUL. Press Association Electric Telearanh—Copyright LONDON, Thursday. Sir Edward Beatty, chairman of Canadian Pacific Steamships, Ltd., upon 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 agreement regarding a subsidy. It would be necessary to build ships of at least 22,000 tons with a speed of 22 knots. The cost would be about £2,500,000. Sir Edward Beatty intends to confer with the Hon. Alexander Shaw, chairman of the P. and O. Line, Mr Walter Runciman, President of the Board of Trade, and Mr Malcolm MacDonald, Dominions Secretary. The amount of the subsidy was not settled, but it would be divisible between the Imperial Government and the Governments of Australia, New Zealand, Canada and Fiji. Sir Edward Beatty is very hopeful of a settlement in order that the Empire route may be preserved. !
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Wairarapa Daily Times, 19 June 1936, Page 5
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157PACIFIC SHIPPING Wairarapa Daily Times, 19 June 1936, Page 5
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