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THE SUPPLY OF SHIPPING.

' A SCHEME REJECTED. ' ■•■'-■ (Received 8.30 a.m.)

. . LONDON, March 14. A large gathering of shipowners in plasgqw, by an overwhelming majority, Rejected 2Ur. McCarthy's international union scheme.

-To meet the surplus of shipping Mr McCarthy suggested that all tramp tonfiage be laid Tip for one month out of every rix. The scheme was supported by capital representing £250,000,000, but Glasgow shipowners looked askance at the Mheme from the inception, and their refusal to accept it will probably result la the .negotiations falling through.

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https://paperspast.natlib.govt.nz/newspapers/AS19090315.2.28.4

Bibliographic details

THE SUPPLY OF SHIPPING., Auckland Star, Volume XL, Issue 63, 15 March 1909

Word Count
86

THE SUPPLY OF SHIPPING. Auckland Star, Volume XL, Issue 63, 15 March 1909

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