FASTER STEAMERS.
THE EMPIRE SERVICE. LARGE COST INVOLVED. By Telegraph.—Press Assn.—Copyright. Received Sept. 16, 9.45 p.m. London, Sept. 16. Tn connection with the State-controll-ed steamship service between England and the Dominions, it is stated that the fleet will cost £27,000,000, which Britain ■ will raise, the Dominions paying 3% per cent, interest and sinking -fund, and Britain 2A per cent, interest and sinking fund. The annual contribution of the four Dominions will be £630,000, and Britain’s share will be £450,000. The Imperial Shipping Committee is reluctant to examine the details of the scheme unless St one or more of the Government’s requests—Aus.-N.Z. Cable Assn.
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Taranaki Daily News, 17 September 1921, Page 5
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103FASTER STEAMERS. Taranaki Daily News, 17 September 1921, Page 5
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