HC Deb 09 May 1934 vol 289 c1069
36. Mr. TEMPLE MORRIS

asked the President of the Board of Trade whether he has any information showing the extent to which the United States of America subsidises steamship services to New Zealand?

The PARLIAMENTARY SECRETARY to the BOARD of TRADE (Dr. Burgin)

From such information as is available, it would appear that apart from assistance in the form of loans at low rates of interest for shipbuilding, the Matson Navigation Company is in receipt of subsidies from the United States Government for the services to Australia and New Zealand amounting to about 1,250,000 dollars a year, some part of which represents services rendered in the carriage of mails.