Engineering Wonders of the World
Volume I

Forfatter: Archibald Williams

År: 1945

Serie: Engineering Wonders of the World

Forlag: Thomas Nelson and Sons

Sted: London, Edinburgh, Dublin and New York

Sider: 456

UDK: 600 eng - gl.

Volume I with 520 Illustrations, Maps and Diagrams

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Side af 486 Forrige Næste
256 ENGINEERING WONDERS OF THE WORLD. Financial Position of the Company. Coincident with the remarkable progress in the traffic receipts and high dividends that prevail, the dues have been reduced. Origin- ally the tariff for all laden vessels stood at 8s. per ton ; in the ’eighties it was reduced to 7s., and at a later date to the existing levy of 6s. per ton. passenger vessels has always The tariff for remained the same—8s. per ton. The reserve funds of the Company to-day stand at £1,000,000. A special fund provides for the acquisition of new machinery to maintain and improve the Canal. By the purchase in 1875, for £3,976,582, of the 176,602 £20 original shares held by the Khedive, the British Government obtained joint control over the Canal with France. Twelve years later a convention was signed at Paris which placed the Canal under a joint Commission, and guaranteed its neutrality and a free passage for ships in time of war. THE LESSEPS MONUMENT, PORT SAID.