BRITISH SHIPPING IN FAR EAST
Of Subsidized Competition LONDON, March 10. Pointing out the disastrous effects of subsidized shipping competition in the Far East,finder which the Italians and Germans Were able to provide luxurious accommodation on vessels of superior speed, the Imperial Shipping Committee, of which the New Zealand High Commissioner, Mr. W. J. Jordan, is a member, specially emphasizes Japanese shipping expansion, which, as a result of currency depreciation and lower standards of living, operates at a cost IO to 15 per cent below that of comparable British ships. The committee recommends greater co-operation between British ship-own-ers and more devolution of management, and states that, if the Government feels that British lines should be supported, consideration should be given to the practicability of financial assistance in order to modernize the fleets.
This, however, will be unavailing unless something is done to ensure that Britain gets a fair and reasonable share of trade between the Empire and Japan. The urgency and importance of the problem merit the most serious consideration of the Government.
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Dominion, Volume 32, Issue 143, 13 March 1939, Page 9
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173BRITISH SHIPPING IN FAR EAST Dominion, Volume 32, Issue 143, 13 March 1939, Page 9
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