CANADA: Economical Empress

At one of Glasgow's Clydeside shipyards last week, Queen Elizabeth II swung a wooden mallet bearing the carved likeness of a Canadian beaver. The mallet tapped a knife, which cut a cord, letting the traditional bottle of champagne swing against the white hull of a new ship. Then the duly christened Empress of Britain, a 24,000-ton passenger liner built for Canadian Pacific Steamship Ltd., went slowly down the ways into the water.

C.P. Steamships, a subsidiary of the Canadian Pacific transport empire bossed by Norris Roy Crump, 50, of Montreal, is counting on the new Empress...

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