JAPAN'S SHIPPING.
COMPETITION WITH BRITAIN, i PLANS FOE BIG INVASION. 'Received 9.25 a.m.) TOKYO, May 23. A number of small shipping lines established during the war period reaped enormous profits, and are now amalgamating a? the International Steamship Company, aggregating 300,000 tons, and asking the Government for a subsidy. Japan has long studied the British mercantile sytem. and considers the present o favourable opportunity for becoming a formidable competitor. The new combine intends to invade trade spheres formerly largely British, including New York. South America, India, South Africa, Constantinople, Odessa, Marseille*, Hamburg, and Riga.—(A. and K.Z. Cable.)
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Auckland Star, Issue 123, 24 May 1919, Page 7
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97JAPAN'S SHIPPING. Auckland Star, Issue 123, 24 May 1919, Page 7
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