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should be effective and not contingent or illusory.
5. Our clients submit to the Government, as they submitted
to the Committee, that no objection, public or otherwise, is
to be gained by putting the ferries up to tender for the
three years in question. Our clients concede to the Govern- ment, as they conceded to the Committee, that when the time
comes for new vessels to be called for, they cannot complain
if the service is then put up for tender since the provision
of such new vessels will make the ferries a new enterprise
involving a new outlay of capital so that our clients, if
the successful tenderers, would have to make a fresh start
and, provided they are then given a preference if their
tender is about equal to other tenders, our clients will have
no ground of complaint.
6.
Our clients submit, as they submitted to the Committee,
that both justice and common sense are against the ferries being put up to tender during the short period, estimated
at three years, when it will be impossible to build new
launches. Any objects to be served by putting them up to
tender can equally be served by doing so when new vessels
are called for.
7.
We enclose a history of the ferries since first our
clients began to organise them in 1902. Our clients submit that this history reveals a record of industry of organizing skill, and of perseverance in carrying on and improving a much needed public service of which any European concern might well be proud. A poor encouragement to risk capital
for the benefit of the public is afforded by the present proposal to give to others the opportunity of reaping the
pioneer's reward.
8.
We enclose an estimate of the receipts and expenditure
in respect of the ferries which are to be expected during
-2-