THE CUNARD MEETING.
So much interest is now taken by the general public in the question of a resumption of work on the new giant Cunarder that while the Chairman, Sir Percy Bates, in his address to shareholders at the meeting of the company last week made some very important statements concerning the whole question - of North Atlantic shipping, the public at once fastened upon his special reference to the progress of the new liner. It was satisfactory to have from him the definite statement that the actual hull of the vessel is in perfect order, and that her unfinished machinery has in no way suffered from the suspension of work. Shipping circles also have read with approval Sir Percy's statement that the theory underlying this large ship and her projected sister has emerged suc- cessfully from a great deal of criticism and enquiry. On this subject Sir Percy Bates in the course of his speech said:
" The ships are the right ships to build. This is admitted by his Majesty's Government, and, as implied by the Chancellor's speeeh on February 16th, his Majesty's Government are willing to help us to build them, on terms. The terms I am endeavouring to achieve. I carefully avoid saying ' endeavouring to comply with' for the terms include reference to third parties. The Board has complied with every general indication as to methods that has been received, directly or indirectly, from his Majesty's Government."
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