JAPANESE COMBINE
FORMIDABLE COMPETITOR IN SHIPPING TRADE TO INVADE BRITISH SPHERES By To.!eßra])h-.Prcse Aesociatlon-OoDyright. ' Tokio, May 14. A number of small shipping lines, which were established during the war period and leaped enormous profits, aro iion , amalgamating as the International Steamship Company. Tho ships Rgigregate thren hundred thousand tons. The company is asking the Government for a subsidy. . . . .
Japan has long studied tho British mercantile companies' system, and coneiders the present a favourable opportunity for becoming a formidable competitor. The now combine intends to -invade trade spheres which formerly were largely British. These include Now York, South America, India, and South African ports, Constantinople, Odessa, Marseilles, Hamburg, and Bign. —Ans.-N.Z. Cable Assn.
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Dominion, Volume 12, Issue 206, 26 May 1919, Page 5
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112JAPANESE COMBINE Dominion, Volume 12, Issue 206, 26 May 1919, Page 5
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