ITN Reports: Monaco: Expanding For Tourism

ITN Reports: Monaco: Expanding For Tourism; General view of Monte Carlo Harbour PAN Monte Carlo development sign PAN to plan Bulldozer pushing rubble into sea Lorry tipping rubble into sea PAN to edge of sea, more rubble in New factory building More - cars parked in street Parked perfume factory van Sign 'Stade Nautique Rainier III' Harbour swimming pool - people in water Line of empty mattresses by pool INT Jean-Charles Rey sitting Jean Charles Rey interview SOT (Lead in Q: Could you give some examples of the SBM slowing down improvement plans?) "Well for instance we asked the SBM four, five years ago what where their plans for the future, what I mean then, I don't mean drawing plans, you know, maps, just decisions what they want to do, news spotting, convention hall and all that, we are by the way, we doing the convention hall ourselves. New hotels and things like that, we haven't seen anything until now, and that I suppose is the reason why the Prince wasn't so pleased, and we are not pleased at all of the behavier of the SBM". (Two years ago Mr. Onassis offered to sell the Prince his controlling interests inthe SBM why wasn't the offer accepted?) "If we thought that if the state needs the shares of the SBM there is no reason to pay to Mr. Onassis substantial bonus, substantial premium for his so called majority. If the state needs the SBM is very easy to take it. Not to take it but to buy it". (Have you considered nationalisation?) "Well of course its not a good solution you know, its never a very good solution, its a very easy solution for the moment then I suppose that you know that in England, difficulty arise afterwards".
ITN Reports: Monaco: Expanding For Tourism; General view of Monte Carlo Harbour PAN Monte Carlo development sign PAN to plan Bulldozer pushing rubble into sea Lorry tipping rubble into sea PAN to edge of sea, more rubble in New factory building More - cars parked in street Parked perfume factory van Sign 'Stade Nautique Rainier III' Harbour swimming pool - people in water Line of empty mattresses by pool INT Jean-Charles Rey sitting Jean Charles Rey interview SOT (Lead in Q: Could you give some examples of the SBM slowing down improvement plans?) "Well for instance we asked the SBM four, five years ago what where their plans for the future, what I mean then, I don't mean drawing plans, you know, maps, just decisions what they want to do, news spotting, convention hall and all that, we are by the way, we doing the convention hall ourselves. New hotels and things like that, we haven't seen anything until now, and that I suppose is the reason why the Prince wasn't so pleased, and we are not pleased at all of the behavier of the SBM". (Two years ago Mr. Onassis offered to sell the Prince his controlling interests inthe SBM why wasn't the offer accepted?) "If we thought that if the state needs the shares of the SBM there is no reason to pay to Mr. Onassis substantial bonus, substantial premium for his so called majority. If the state needs the SBM is very easy to take it. Not to take it but to buy it". (Have you considered nationalisation?) "Well of course its not a good solution you know, its never a very good solution, its a very easy solution for the moment then I suppose that you know that in England, difficulty arise afterwards".
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Restrictions:
No use by national or regional TV or radio news outlets in the UK and Ireland until 4 days after the date of creation. Prior approval required if clip features ITN newsreader or reporter in sound or vision; please contact your local Getty Images representative.
Credit:
Editorial #:
827957622
Collection:
ITN
Date created:
22 September, 1965
Upload date:
Licence type:
Rights-ready
Release info:
Not released. More information
Clip length:
00:02:28:14
Location:
Monaco
Mastered to:
QuickTime 8-bit Photo-JPEG SD 720x486 29.97p
Originally shot on:
576 25i
Source:
ITN
Object name:
x22096504_2290.mov