London, Mar. 25.
It is anticipated that an important announcement regarding a subsidy for British shipping will be made in the House of Commons on Tuesday by the President of the Board of Trade, Mr. Oliver Stanley.
Newspapers consider it probable that the announcement will indicate the Government's willingness to grant a subsidy, which will amount to 20 per cent. of the cost of the new British tonnage built in British yards.
Large orders for ships, it is tated, are ready to be placed, and in ship-Ping circles, it is believed that a subsidy on this scale would result in at least 500.000 tons of new orders being booked immediately.—Wircless through Reuter,
Text read from the printed page and cleaned; old type leaves the occasional error.