IMPENDING SHIPPING WAR.

Taranaki Daily News, Volume XLVII, Issue 8080, 9 April 1906, Page 2

IMPENDING SHIPPING WAR.

TENSION AT BREAKING POINT. I'Eli I'll IMS association. OimisTCHunca, April 8. The impeu ling slii ppiug war between tin' subsidised Federal Liue ou the one hand, and the Oinwl lines 011 the other, has uol yet opened. Negotiations are still in progress, Imt whether they will lead to a settlement of the trouble

seems very uncertain, although it is hoped in some quarters ■ that au open rupture may be avoided. Mr I. Gibbs, the manner of the New Zealand Shipping Cj upauy, one of the direct lines effected, and Mr J. J. Kinsey, of Kinsey, Barnes and Company, the loaal agents for the Federal line, were seen yesterday morning, but both these gentlemen were very reluctant to give any information at all on the present situation, and the probable consequences. They stated that while the

negotiations were pending ihe parties interested wore most anxious that nothing of what was transpiring should be made public, One of the gentlemen approached admitted, however, that the present position was most acute, and something would have to go shortly.