MERCANTILE MARINE.
NEW COMPETITIVE PHASE. THE STATE LINES. By Telegraph.—Press Assn.—CopyrU’il. Received June 4, 5.5 p.m. London, June Addressing the Dundee Chamber of Commerce, Lord Inchcape said the British mercantile marine had not niucn to fear from the rest of the world. Shipowners had always been up again,t world competition, as there was no monopoly on the sea. He added: used to hear a good deal about the freedom of the sea. The Amei ica Shipping Board and the Commonwealth of Australia are having a taste ot it, and I am not sure they altogether nxe it. I think they are finding it an expensive luxury, of which the taxpayers in the course of time will get tired. Mr Larkin (manager of the Commonwealth State Line), commenting on Lord Inchcape’s statement, says there is only one thing to say, and that 1. whether or not the Commonwealth nxes State trading he is quite sure Lord Inchcape dislikes it.—Aus.-N.Z. Cable Assn.
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Taranaki Daily News, 5 June 1922, Page 5
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160MERCANTILE MARINE. Taranaki Daily News, 5 June 1922, Page 5
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