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