SHIPPING RATE WAR
IF OVERTURES FAIL GERM AH STE AMERS IN MEW ! ZEALAND WATERS "yiiucs" asd Sydflq-V ''Sua'* Scfvlc:^. (Ike. May 29, 7.aa p.w.i toni'on, Maj 2S Tho Ncird Deuiseher Lloyd and tl'i-o Liusehe AUsti.ilrsehe SMppWig Com.jitmies have iniimaxed that Utey eon-ic-mpldo jimm'.ainiug their own direct «a.rgi;i 6ei - vico from Bremen ar.d Havi-huj-g to New Zealand-. A ieadiii" .British ship-owner j» visiting tii-nnany, wiilj i:ho idea of arranging a basis of settlement. Tlio prospects of an amicablo arrangement are bi'.igiit. If lio fails, a rnto war will folio. COLLAPSE OF FREIGHT 51ARKET. SHIPOWNERS DOWN TO 3EDBOOIL "Timc.y" .find Hydii.c.y "fyxn!" Borrtccfl, (.Rw. Mav 21), 7..15 p.m.) London, May 23. Eo.rd .Joicey (mamii'itifi. ' director of; •toivcy and Co>, Ijfcd.., aii'Q the. jjanibtoil Coli.i«rics ; Ltd,, imi-mui:), juesidiug at.. & lueet-iMg of t : ho Xo.weastio Ohainlier of Cfinu'ncree., said that- t'liflfo jbml bwen ] a conipio'e eoiiupse in iho fveight marIsoi. iSiipoiVtterS 6ee)ned .to have; got : down to bodrosk. liift' low i.roights ■Btfldo di®ape'r lood, aiitt liein'o a larger, vansnmptioii. Those thiiigß hnd an estraoidinary way of righting themsclvevs,
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Dominion, Volume 7, Issue 2162, 30 May 1914, Page 5
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174SHIPPING RATE WAR Dominion, Volume 7, Issue 2162, 30 May 1914, Page 5
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