TASMAN AIR MAILS
STATEMENT BY MINISTER OF FINANCE.
(By Telegraph—Press Association.) CHRISTCHURCH, This Day. The present stage in the negotiations for the institution of a Tasman air mail service was mentioned today by the Minister of Finance (the Hon W. Nash). Negotiations between the three Governments concerned would begin in London within the next few days, prior’ to consultations with the air companies and the formation of operating companies, Mr Nash said. Prior to the departure of the managing director’ of Union Airways, Ltd., Mr N. S. Falla, for England, a tentative agreement had been reached that his company should act for the Government in negotiations for the formation of an operating company. The Government, however, would be the controlling agent in so far as the New Zealand end was concerned and that control would be governed by the portion of capital held. The New Zealand capital would be apportioned as follows: New Zealand, 39 per cent. Australia 23 per cent, Great Britain 38 per cent. The High Commissioner (Mr W. J. Jordan) and Dr R. M. Campbell had been empowered to negotiate on behalf of the Government at the discussions in London.
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Wairarapa Times-Age, 27 June 1938, Page 8
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193TASMAN AIR MAILS Wairarapa Times-Age, 27 June 1938, Page 8
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