In these circumstances, the Chan. cellor of the Exchequer examined the plea for succour and came to the conclusion that, if the problem was retention of the ascendancy of Britain on the Atlantic, the ruinous competition between British firms should be eliminated as being a hindrance to the main objective, and all resources, as well as experience, should be concentrated in one single channel, He therefore made clear that financial assistance could only be forthcoming if the effec fusion of the North Atlantic shi ping interests of the two rival con panies were to take place, Negotiations to that end had now been brought to n point of achieve: Tnonts "The merger company: would be in ponmession of £3,00000, pay Eble' ay require, for completion the finer: No. $04 and £100,000 peyabley asvand if required, for Whatever was required would be!
the disposal of the merger com: Dusinass "without" apprehension pany in order that ie might do embarrassment, The." Government got whheld the possibility frsisting inthe construction Farther ship of ships. 'The company Could not maintain the service Te-quired without such an addition to Mafeet and' the company. would hover have been formed except pot buch am understanding:
Tm respect of this ship costing £4/5004000, the Government were fave prior charge of $2,800,000," In tions ey had. charge the fase's of the Canard Ca, of £1,000. t0ovand charge on any atm allocated fy the merges company to depre Bon of Non hak Bee the prosperity Sr'the company was the best and nly ultimate safeguard and. the Government were sparing nothing fe nature ie, conclaied fir." Here: Bulsha-Rester and: Wives, The former Bulgarian communist} leader, Dimitroff, who was recently granted Soviet citizenship, has been! appointed Professor of Soviet! Law at the Moscow University,
Text read from the printed page and cleaned; old type leaves the occasional error.