Word: cunard
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Empowered the Government to insure for $22,000,000 each two super-ships proposed to be built by the Cunard Line, private insurance companies having balked at the huge risk...
...heads of the British merchant marine, representatives of six fleets totaling 52 trans-Atlantic liners valued at $275,000,000, gathered in London last week, emerged with a weighty pronouncement: because of the falling off in Atlantic trade and passenger traffic, the Cunard...
Retiring. Capt. Sir Arthur Henry Rostron, 61, commodore of the Cunard Fleet, captain of the Berengaria. When the Titanic sank in 1912, the Carpathia, of which he was then captain, received the SOS, rescued 706 survivors. For this he received a gold medal from Congress, a letter of thanks from President Taft...
Prompted perhaps by England's assuming part of the insurance risk on Cunard Line's fast new trans-Atlantic liner (TIME, Aug. 11), Louis Rollin, France's Minister of Mercantile Marine, took steps last week to make the French Rooster still more of a seagoing bird. When the Chambre des Députés opens in October he will present two bills calculated to encourage the construction of fast commercial vessels and relieve shipyard unemployment...
...months the Cunard Line has been explaining that the big obstacle to constructing a monster British speed rival to Germany's Bremen and Europa was the matter of insurance. Insurance companies in the U. S. and Britain, boat-shy since the mysterious $3,000,000 fire on the Europa (TIME, April 8, 1929), were either too poor or too nervous to write a $30,000,000 policy. Last week the British treasury and the Board of Trade came to the rescue. They agreed to underwrite that margin of insurance on the great Cunarder's construction which cannot...