SHIPPING RATE WAR.
I' POSSIBLE OUTCOME OF FREIGHT s iSj, v . „ IBCARCITY. o WILL AFFECT NEW ZEALAND. J Times and Sydney Sun Services. a Received 29, 7.35 p.m. 1 London, May 29. Lord Joicey, presiding at the New- a eastlo Chamber of Commerce, said there J had been a complete collapse in the ' freight market. Shipowners seemed to 1 have got down to bedrock, but the 1 low freights made for cheaper food and ' larger consumption. These things had ' an extraordinary way of righting them- •' selves. The Noriideutselier-Uoyd and the Deutsche - Australisehe had intimated that they contemplated maintaining their own direct cargo service from Bremen and Hamburg to New Zealand. A leading British owner in visiting Germany with the idea of arranging' a basis of settlement. Prospects of an amicable arrangement are bright. If they fail, a rate war will follow.
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Taranaki Daily News, Volume LVII, Issue 10, 30 May 1914, Page 5
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141SHIPPING RATE WAR. Taranaki Daily News, Volume LVII, Issue 10, 30 May 1914, Page 5
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