OCEAN-MAIL SUBSIDIES
CANADIANS THINK THEM NOT BIG ENOUGH U.S. COMPETITION HURTS (Australian and. N.Z. Press Association) Reed. Noon. VANCOUVER, Tuesday. Canadian manufacturers and producers, seeking new world markets, hold the existing ones under a heavy handicap compared with United States competitors, declared Mr. J. E. Walsh, general manager of the Canadian Manufacturers’ Association, before a conference of business beads here. Instancing the difference on the Pacific Coast alone, he quoted figures to show that while United States steamships are getting a yearly subsidy for Pacific Ocean services, mostly mail contracts, amounting to four and three-quarter million dollars, Canadian lines get only 606,000 dollars a year. The United States subsidies provide for regular sailings to South America, Sydney, Auckland, Melbourne and Manila. Canada is paying less in subsidies than a decade ago. It was pointed out that steamship subsidies are important to the development of Canadian trade and it was very necessary to urge extension of the service between Vancouver and the Antipodes and other parts of the Empire.
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Sun (Auckland), Volume III, Issue 777, 25 September 1929, Page 9
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168OCEAN-MAIL SUBSIDIES Sun (Auckland), Volume III, Issue 777, 25 September 1929, Page 9
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