MINISTRY OF SHIPPING.
RESULTS OF ITS OPERATIONS.
By Telegraph-Press Assn.-C'cpyright.
,„, London, October 25, -the Daily Express says that th_c revised estimates of the Ministry of Shipping show that the estimated" deficiency or the current financial vear of a million and a half has been converted into a profit of 55 millions.
_ This has been accomplished by sell mg Government-owned ships built or acquired during the last, three years at more than double the price paid and the trading of the Government's ships at extortionate freights. While -charemg an enormous price for ships the -Ministry help's profiteering i„ ship values.—Aiis.-N.Z_ Cable Assn
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Taranaki Daily News, 30 October 1919, Page 6
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101MINISTRY OF SHIPPING. Taranaki Daily News, 30 October 1919, Page 6
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