A SHIPPING WAR.
DISASTROUS RATE-CUTTING.
£Bt Eleotbio Telegraph—Copyright] [United Press Association.! ' Berlin, December 19. The Hamburg-American Shipping Line has decided on a sweeping reduction of; rates,, without waiting for the meeting of the North Atlantic Shipping Conference on January 21. Other- headed 1 by the r Xorddeutcher 1 Lloyd, htfVe decided on similar reductions. Disastrous ratecutting is regarded as certain when the pooling arrangement ceases on December 31, The quarrel is connected with the Hamburg-American Line desiring a larger share of the steerage traffic, which the Norddeutcher Lloyd refus- ' ed.
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Stratford Evening Post, Volume XXXVII, Issue 94, 20 December 1913, Page 5
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90A SHIPPING WAR. Stratford Evening Post, Volume XXXVII, Issue 94, 20 December 1913, Page 5
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