SHIPS IDLED
BY FORCE OF COMPETITION
(United Press Association—By Electric Telegraph.—Copyright.)
LONDON, May 22
Mr Edmund Watts, addressing the annual meeting of the British Steamship Coy., declared that British cargo vessels were being wiped out gradually by the low freights of foreign ships, whose low. running costs were supplemented by State subsidies. The Italians were among the worst offenders, and the sooner Britain began to protect her shipping, the sooner forty thousand seamen and a hundred thousand dockers would be off the dole. One commentator remarked that it would be interesting to ascertain the percentage of foreign hulls carrying Australian wheat.
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Hokitika Guardian, 24 May 1932, Page 5
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101SHIPS IDLED Hokitika Guardian, 24 May 1932, Page 5
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