London, Apr. 8.
Details of the giant 73,000 ton 'Cunarder, which 18 now being built jon the Cisde, were given by Sir Perey Bates,' the Chairman of the Board of Directors, in his address to the shareholders' of the Cunard Company at Liverpool to-day, The new liner is being built the Chairman asserted, to keep the [Cunard Company. to the forefront} the race for Atlantic business.
struggle for that business, intimated, would be. keener than lever when the Prench line placed its new super-tiner in operation.
"The speech was delivered in the shadow of the spectacular' fall in the Company's profits during the past year but Sir Perey Bates made tion. The Cunard-slump, he deciarattempt to gloss over the posi-
ed, "had occurred almost wholly within the last seven months and iwas the direct result of the world depression which could not end until the nations banished their econ mic fears.
To-day, the express service of ithe Cunard, Company is maintained by three ships. Until recently _no lesser number of ships could have' maintained the service, but modern engineering and naval)
ture have made it possible ith two ships. Con. sequently in the ordinary way of business, said the Chairman, the Canard "Company was bound to adapt itself to the new conditions when ordering a new ship for the express service they decided to provide such a ship as would even. tually require only a single sister} to fulfil the requirements of the mail contract and: the passenger Before building the new liner Jmumberless tank experiments were undertaken which reproduced with great accuracy every sort of wes ther the vessel might be expected to meet in the Atlantic Through
Text read from the printed page and cleaned; old type leaves the occasional error.