OVERSEAS SHIPPING FREIGHTS.
WITH reference to the recently-an-nounced increases in overseas shipping freights, Air A. W. Bennett, general manager of the New Zealand Shipping Company and a member of the Overseas Shipping Committee, has informed- a Lyttelton Times reporter that the prevalent impression that the shipping companies participated in the advance on freight rates was quite incorrect. All overseas freights were collected by the Government, which paid the companies only for the hire of shipping. The reason for the advance was that over nine-tenths of the cargo and produce affected were the properly of the Imperial Government, and the charging of freights was mainly a departmental matter, or a matter of bookkeeping only. The cost of sending vessels Home had increased enormously, as the passage now occupied from GO to 70 days, as compared with 40 to 4ii day's under normal conditions. Most of the produce affected was owned, by the Gfovernment, but tallow, a line which was hold privately, was one that would also be affected. About 30,000 to 40,000 casks were at present held in the Dominion awaiting shipment.
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Manawatu Herald, Volume XL, Issue 1773, 8 January 1918, Page 2
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181OVERSEAS SHIPPING FREIGHTS. Manawatu Herald, Volume XL, Issue 1773, 8 January 1918, Page 2
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