BRITISH SHIPPING
HANDICABPED BY WORLD TRADE DECLINE — - j London, October G. i The special committee of the Cham- ; ber of Shipjping submitted to thp ; shipownei's a schenie for the volun- j tary laying up of ships, but the replies indicated that owners' support j was insuffieient to carry it into elfect. The council therefore decided to explore the possibilities of scrapping, It also discussed tbe serious position due to the continued decline of world trade and the growth of foreign subsidies for shippdng. The council endorsed the committee's recommendation to place the matter before the Government with' a view to getting the matter remedied at the World Economic Gonference, adding that "failiire to secure an agreement at the conference must inevitably force the United Kingdom to consider methods to counter-act the dumping of goods by subsidised shipping services."
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/RMPOST19321008.2.28
Bibliographic details
Rotorua Morning Post, Volume 2, Issue 348, 8 October 1932, Page 5
Word Count
138BRITISH SHIPPING Rotorua Morning Post, Volume 2, Issue 348, 8 October 1932, Page 5
Using This Item
NZME is the copyright owner for the Rotorua Morning Post. 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