SHIPPING LOSSES
AUSTRALIA ATTACKED FOR ALOOFNESS DIFFICULTIES OF TRADE United P. A.—By Telegraph—Copyright Reed. 9.45 a.m. LONDON, Friday. “If there is one section of Empire trade where rationalisation would be welcome it is in Australian shipping circles. It is sad to think we can conclude a good fifty-fifty agreement with Argentina but can arrange nothing of the sort with Australia,” says the “Financial News.” The paper adds: “Australia unfortunately still remains one of the most difficult countries with which to carry on shipping business. For nearly a year the owners have held back from freight increases, hut they will certainly not be able to do so much longer. High dock and port dues and the lack of outward cargoes are piling up the owners' losses to a point at which they cannot go on very much further. “The Federal Government indeed has made things more difficult instead cf easier by tariff increases on several lines of cargoes.”
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Bibliographic details
Sun (Auckland), Volume III, Issue 880, 25 January 1930, Page 9
Word Count
157SHIPPING LOSSES Sun (Auckland), Volume III, Issue 880, 25 January 1930, Page 9
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