THE CALLIOPE DOCK.

Taranaki Daily News, Volume LII, Issue 151, 22 July 1909, Page 3

THE CALLIOPE DOCK.

By Telegr&pb.—Press Association. ■ Auckland, Last Night. This morning's cable news that the Admiralty was to pay £150.000 in 30 years or-.the rate of £SOOO annually as an Auckland dry dock subsidy, refers to an agreement made,with the Harbor Board for the equipment of the Calliope Dock on condition that the equipment .was approved by the Admiralty and that certain specified works were carried out, these including jetty sheer-legs. As goon as a fair proportion of the work had been carried out, the Board received a progress subsidy at the rate of £ISOO a year, which was two years ago increased to £3OOO on it "being demonstrated to the Admiral in charge of the station that work involving this amount in interest had been carried out. The Admiralty will have the right to priority in the use of the dock for repairs to his Majesty's ships at any time, subject to payment by it of the cost of labor and material. Only at times when the dock is not required for the use of warships it may be used by the Board for the docking of ordinary vessels, the fees charged to be such as the Board jnav deem desirable. It is further provided that in the event of the earnings of the dock exceeding the working charges, accounts shall be rendered by the Board to the Admiralty, which will then participate in the profits.