SHIPPING RINGS
DEFENCE BY A MAGNATE
(United Press Association—By Electric Te'egrapb—Copyright).
LONDON, Fob. 20.
In his presidential address to the Chamber of Shipping, Sir 'William Currie said that a most important and gratifying sign o( the past year bad been a marked improvement in relations between Capital and Labour, and the absence of domestic strife. r l wo must illuminating happenings in 1928 had been the withdrawal' from the shipning business by the Australian Government, and gradual diminution by the American Shipping Board of its interests in shipping. It was a matter for very complete satisfaction that two such outstanding examples of State ownership had collapsed. Regarding the statements made in Parliament denouncing Shipping Conferences for the strangling of trade, Sir W. Currie said that there was no monopoly of shipping obtainable while there was freedom to ports to all shipping. It was impossible to maintain any exorbitant rate for freight, for there were many thousands of tons of shipping outside the Conferences which would be attracted by specially remunerative rates. “It you destroy the stability, you destroy tlio regularity of progressive shipping facilities.” Sir V . Currie concluded, also jreierring to there being a hopeful outlook as a result of British merchants and manufacturers organising themselves into conferences to work in co-operation with the Shipping Conferences in extending the organisation of trade.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/HOG19290222.2.41
Bibliographic details
Ngā taipitopito pukapuka
Hokitika Guardian, 22 February 1929, Page 5
Word count
Tapeke kupu
222SHIPPING RINGS Hokitika Guardian, 22 February 1929, Page 5
Using this item
Te whakamahi i tēnei tūemi
The Greymouth Evening Star Co Ltd is the copyright owner for the Hokitika Guardian. 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 the Greymouth Evening Star Co Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in