MISCELLANEOUS ITEMS
AUSTUAI.IAN AND N.Z. CAIII.E ASSOCIATION GERMAN SHIPPING. RERUN, March 28. At a shipping confcronc, Ilcrr Stiinming, general manager of the Nord Deutscher Lloyd Company, said thatthe Government’s grant of 12 milliards of marks for the reconstruction of the mercantile marine had proved quite inadequate, especially as the cost of shipbuilding in steel had risen from 2000 marks per ton to 3200. The price of finished vessels had advanced three to four-fold.
Nevertheless Germany had already 'built, or bought abroad, 230 vessels, aggregating 1,.500,000 tons, and 230 vessels aggregating 1,250,000 tuns were under construction still.
They were much hampered by the coal shortage. They needed 100,000 tons per month, but were allot‘ed oTicially 30,000 toils only, a fraction of rvhicli was aetuallv delivered.
GENOA CONFERENCE
PARIS, March 28
M. Earthou has been appointed President of the Genoa delegation. The other delegates will be appointed this week.
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Hokitika Guardian, 30 March 1922, Page 3
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147MISCELLANEOUS ITEMS Hokitika Guardian, 30 March 1922, Page 3
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