BIG PROBLEM.

Auckland Star, Volume LXIII, Issue 288, 5 December 1932, Page 7

BIG PROBLEM.

BRITISH SHIPPING.

Reprisals Against Subsidised Competition.

MR. BALDWIN'S HINT. (United r.A.—Electric Telegraph—Copyright) (Received 11 -a.m.) , . LONDON, December 4. The Chamber of Shipping has adopted the report of a committee advocating the abolition of all trade barrjers and flag discriminations. The report mentions that inter-Empire trade normally employs only onethird of British tonnage, therefore there is no future for the British mercantile marine unlens foreign trade is re-established.

The World Economic Conference should deal with national shipping discriminations as among the most mischievous of trade barriers. If foreign nations persist in subsidies it will be necessary for Britain to resort to them. The committee is confidently placing before the Government suggestions for retaliatory measures.

"The Times" states that the chartering of another Italian vessel, presumably subsidised by the Italian Government, to load Australian wheat has aroused comment and has lent point to the remarks by Mr. Baldwin at Sunderland, that the British owners had a serious problem in the competition of subsidised foreign ships, and his - hint, that "we cannot allow our . shipping to suffer from that kind of competition."