Inter-Mountain Republican | 1906-10-14 | Page 17 | Cunard My Lose Subsidy

CUNARD MY LOSE SUBSIDY IU It of oC 1 CO London Oct 14 It H.-It It Is la more mort than able that the Cunard company may Inthe m In fl the tho near future futuro lose the subsidy granted grant grant- ed cd to it b by the British admiralty Grant Grunt was wa made for the purpose of 01 providing steamers which should net act U us scouts I during durin war time und and the recen recently Liv launched Cu tl and ond Mauritania wore were built with this 4 end In view Hut But owing to the probable disappearance of or all alt I classes of oC war vessels bel between Dread- Dread and destroyers It Is Jg being d If It the lie Immense sum sunu lavished cJ by bythe the tiit lat late board of oC n admiralty on I Ing the lie Cunard company cannot be he saved sa und anti the agreement ended i on reasonable rea rca terms tenn The Tue British taxpayer I has hag lent 2 I. I I pounds lounds to the lie Cunard company an and Is paying to It In addition for twenty years un an annual subsidy of i I 1 pounds for rOl tho the use of or two liners l I in iii time of or war var us emitters cruIsers The admiralty admits that pounds Is wasteful and unnecessary because be hc- cause lse the sea lords have built or are ure building el eight ht scouts at a l cost of 2250 I to do till the hue same sanie work tork When hen the tilt present cn t government govern men t came larne Into In to office tin transaction was complete hut but there thero Is a Il strong feeling the cost caRt to the taxI taxpayers taxpayers tax tax- payers of oC tho the big Canard Cunard liners Is out I of oC nil all proportions to the value lue noCe re r- r Ce I V ed