When tlie war is over we must ikot expect to return all at once to pre-war prices. Shipping freights will still rule high, as the Government will only be, able to release vessels slowly,' the world's trade will undergo no diminution, and the addition of tonnage will •be a long-drawn-out precess. Mr. W. H. Raeburn, the president of the Chamber of Shipping, point out that while there will be great depletion in the British mercantile marine, German ships lying in neutral ports are being saved the wear and tear of active service. It would be suicidal, in his opinion, it we allowed them to take advantage, in competing for the world's trade, of the condition in which the British mercantile marine found itself through the war. He considered that the Allies should sew# one such German ship at least for every Allied ship which had been sunk. When hostilities are ended shipowners are not gcing to lie down under the old conditions and permit privileges to be given to foreign shipping which are not enjoyed by British vessels. There to scarcely a country in the world where shipowners do not place their business in the hands of German agents, and Mr. ißaeburn »vas sorry to say that, for a lure of Is per ton, not a few British owners were induced to. give their coal ing contracts at Port Said to German | contractors. That was all at an end, and they should take care that no wont | Consult of foreign nationality were pointed to look aft** •
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Taranaki Daily News, 8 May 1916, Page 5
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256Page 5 Advertisements Column 4 Taranaki Daily News, 8 May 1916, Page 5
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