TO BEAT BRITAIN

Rotorua Morning Post, Volume 3, Issue 612, 17 August 1933, Page 5

TO BEAT BRITAIN

(I'ress Assn.-

reported object of u.s. pacific shipping subsidies SPENDING TOO MUCH

— By Telegraph — Copyright).

Rec. 9.10 p.m. Banff (Alberta), Aug. 16. The round table conference at the fifth biennial convention of the Institute of Pacific Relations, on Tuesday, discussed the shipping question. Opinions were expressed that various governments were seeking to assemble merehant marines in the event of another war. Othef points developed were that governments were trying to lower transport costs with the object of capturing markets and shipping. The Japanese delegates admitted that if there were no subsidies Japan would not be able to boost her present metcantile service with its modern ships. The trend of the discussion went to show that the United States subsidised its New Zealand shipping in order to hold this sphere of industry against Great Britain. The discussion also revealed that the United States, in subsidising the Dollar Line and lines plying to Australia, requir'ed two-thirds of the crews employed to be American citizens. According to the conference opinion, the Japanese and American Governments are spending more money upon shipping subsidies than they can afford.