TRADE IN BRITAIN

Dominion, Volume 8, Issue 2369, 27 January 1915, Page 5

TRADE IN BRITAIN

AN INTERESTING STATEMENT. (Rec. January 27, 0.45 a.m.)' . (Special Correspondent.) London, January 26._ Representatives of tile shipping industry have furnished a statement to the Board of Trade showing that -while the relation of tonnage to trade was not deficient, they attribute : increase in freight rates chiefly to the abnormal distribution of tonnage by the dislocation of the oversea traffio due to the war and the Admiralty employing about one-fifth of the British tonnage. While the United Kingdom's - oversea ..trade had been reduced by 30 per cent., tlje oversea trade of Germany, Austria, and Belgium, representing 22 per cent., had vanished, Li the Baltic and Black Sea, trade has ceased to exist, and there is an accumulation of tonnage where it is not wanted, while there- is paucity elsewhere. i _ .. The increased working costs have affected the freights. " GOOD THING FOR EGYPT" GERMANY'S MAD ADVENTURES. (Rec. January 26, 5,5,.p.m;) London, January 25. Sir George Reid (High Commissioner for Australia) says that -"Germany's mad adventures have doneA one good for Egypt by exchanging the Khedive, a man of real -ability but doubtful excellence, for a' : Sult-an who earned the title of 'Father of the Fellaheen,' before he ascended, the throne, and who will find the highest'; personal enjoyment in developing his people."— ("Tunes" and Sydney "Sttn'J Services.) GERMAN COMMERCIAL TRAVELLERS RENOUNCE BRITISH MEMBER- * SHIP BADGES. London, January 25. ~ German commercial travellers have returned their badges of honorary membership to the British Commercial Travellers' Association because England's business actions against Germany have reached a degree of hatred and unscrupulotisness never before known, in warfare amongst "kultured"_ nations, i'he.y havo deolared that it is evident that the intention is to destroy the German nation entirely,! :l "KING ALBERT OF FRANCE " VANCOUVER NEWSPAPER'S PREDICTION, The Vancouver newspaper, the "Daily Province," in an editorial paying a tribute to King Albert's bravery and chivalry, adds: "Maybe he will be called to rule a far larger country. It is whispered that France, enthused by his gallantry and anxious to honour him, may offer hitp a crown."