PROSPEROUS ERA
(British Offioial Wirelesa.)
British Shipping
(Received 9, 8.45 a.m.) RUGBY, Oct, 7. Lord Essendon, the well-knowa shipcwnev, in a speech he delivered to-day, oatlihed the influence, beginning with fhe subsidy to British tramp tonnage, which had contributed to the improved conditions prevailing in th.e shipping industry, Lord Essenden added that he thought it probable that the volume of world trade as a whole was now within about 10 por cent. of the 1929 level. Lord Essenden expressed the view that shipping should be able to look. forward to a fairly long period of trading in conditions which would enable it to make good some part of the arrears of depreciation.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/HBHETR19371009.2.55
Bibliographic details
Hawke's Bay Herald-Tribune, Volume 81, Issue 14, 9 October 1937, Page 5
Word Count
112PROSPEROUS ERA Hawke's Bay Herald-Tribune, Volume 81, Issue 14, 9 October 1937, Page 5
Using This Item
NZME is the copyright owner for the Hawke's Bay Herald-Tribune. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of NZME. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in