§ 19. Mr. Dayasked the President of the Board of Trade particulars of any final conclusions that have been arrived at by the Imperial Shipping Committee as to the traffic possibilities of a passenger and cargo service between Canada, Australia, and New Zealand; and what further action it is now proposed to take?
§ Mr. StanleyThe conclusions reached by the Imperial Shipping Committee were contained in their 35th report which was published in December, 1936. Negotiations took place thereafter between the Governments of the United Kingdom, Canada, Commonwealth of Australia and New Zealand and the shipping companies concerned regarding the companies' request for financial assistance from the Governments for the construction of two new ships for the service, but in July, 1938, the companies advised the Governments that at the prices ruling construction was impracticable for the time being. Since then the matter has been in abeyance.
§ Mr. DayAre we to understand that these services may be abandoned unless a subsidy is given in time?
§ Mr. StanleyNo, Sir, I have no authority to do that.
§ Mr. StanleyI understand, as a matter of fact, despite the difficulties, that, owing to some temporary advantages, they are competing fairly satisfactorily. As I said, the Governments concerned have discussed an agreement as to the assistance they will give and are open 1894 to receive representations from the shipping companies at the time when they think it is opportune to place these orders.