CUNARD COMPANY.
FAST ATLANTIC SERVICE.
By Telegraph—Press Association—Copyright Received 10.35 p.m.; Aug. 5. London, Aug. 5. Terms of the agreement recently completed between the Government and the Cunard Company have been published. The company receive a subsidy of £150,000 yearly for twenty years and a loan of £2,600,000 at 2£ per cent, interest, in consideration of building two steamers of a speed of 24£ knots; the company to remain a British company, mainly manned and officered hy British, and the fleet to be at the Government’s disposal in the event of war. In return for a weekly fast Atlantic service the company receives an additional subsidy of £68,000.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/GIST19030806.2.14
Bibliographic details
Ngā taipitopito pukapuka
Gisborne Times, Volume X, Issue 961, 6 August 1903, Page 2
Word count
Tapeke kupu
108CUNARD COMPANY. Gisborne Times, Volume X, Issue 961, 6 August 1903, Page 2
Using this item
Te whakamahi i tēnei tūemi
No known copyright (New Zealand)
To the best of the National Library of New Zealand’s knowledge, under New Zealand law, there is no copyright in this item in New Zealand.
You can copy this item, share it, and post it on a blog or website. It can be modified, remixed and built upon. It can be used commercially. If reproducing this item, it is helpful to include the source.
For further information please refer to the Copyright guide.
Log in