HEAVY LOSS ON SHIPS
COMMONWEALTH LINE MOTION OF CENSURE Heed. 11.15 a.m. CANBERRA, To-da> The bahuice sheet of the Common wealth Shipping Board for the y t ,v ended March 31 last shows that th * ope rat ions resulted in a loss o: over .£130.000. the earnings fieiii£l.s23.So3. and the expenditure £1.654.701. The total liabilities were show n ;?*> £6.676.000. and the assets £l,7sV>* The Federal Cabinet has completed plans for the future of the Commonwealth Line steamers. It has deoiled they shall be disposed of. if possible. on conditions favourable to Australian shippers. In the House of Representatives yesterday Air. AT. Charlton. Leader of ihe Opposition, moved his motion of t ensure on the Government on th grounds, inter alia, c u» rxv.w thetic administrati n of the ! n: a and N.Z.
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Bibliographic details
Sun (Auckland), Volume I, Issue 197, 9 November 1927, Page 15
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132HEAVY LOSS ON SHIPS Sun (Auckland), Volume I, Issue 197, 9 November 1927, Page 15
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