30,000 For New
p. 153 · Read in the full issue
Wharf at Santo
• m Our Own Correspondent WHARF to accommodate over leas vessels at Santo, second )ort of the New Hebrides, is r , built by a French company rP) at a cost of £430,000 ing. It is almost completed. e Condominium Government d the necessary loan in Eng repayable in 20 years. The est charge is S per cent, per im—£2s,Boo. rangements are being made r which the wharf installation be leased to operators at 30 Sterling per annum—or 10 cent, of the capital cost. The difference between £25,800 and 30 per annum presumably will ) repayment of the loan. ring the war, the Americans ed a large wharf at Santo, and Societe Portuaire later tried to it from the Condominium irnment, with a guarantee that Duld repair and maintain the ■f. But the Government Te l: and in due course the wharf d and eventually collapsed.