IMPERIAL SHIPPING
PROBLEMS OF SUBSIDISED COMPETITION POSITION IN THE FAR EAST. PROBLEM. FOR GOVERNMENTS OF EMPIRE. By Telegraph—Press Association —Copyright. (Received This Day, 9.0 a.m.) LONDON, March 10. Pointing out the disastrous effects of subsidised shipping competition in the Far East, under which Italians and Germans are able .to provide luxurious accommodation and superior speeds, the Imperial Shipping Committee, of which New Zealand’s High Commissioner, Mr W. J. Jordan, is a member, especially emphasises the Japanese expansion, which, by currency depreciation and lower standards of living, operates 10 to 15 per cent below comparable British ships. The committee recommends greater co-operation between British shipowners and more devolution of management. If the Empire Governments feel that British lines should be supported, consideration should be given to the practicability of financial assistance to modernise the fleets, but this will be of no avail unless something is done to ensure that Britain shall get a fair and reasonable share of the trade between the Empire and Japan. The urgency and importance of the question merit the most serious consideration of the Governments.
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Wairarapa Times-Age, 11 March 1939, Page 7
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179IMPERIAL SHIPPING Wairarapa Times-Age, 11 March 1939, Page 7
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