INCREASED FREIGHTS
CAUSES OF THE DIFFICULTY. SHIPS NOT WHERE THEY ARE NEEDED. LONDON. 26th January. Representatives ol the 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 tales chiefly to the abnormal distribution of tonnage by the dislocation of the oveisea ti attic due to the war and the Admiralty employing about one-fifth of the British tommge While the United Kingdom/* oversea tiade had been reduced by
7iO per cent., the oversea trade of Germany, Austria, and Belgium, representing 22 per cent, of the world's total, " had vanished. In the Baltic ancl Black Sea, trade has ceased to exist, ancl there is an accumulation of. tonnage where it is not wanted, while there is a paucity elsewhere. Increased working costs have affected freights.
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Bibliographic details
Evening Post, Volume LXXXIX, Issue 22, 27 January 1915, Page 7
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142INCREASED FREIGHTS Evening Post, Volume LXXXIX, Issue 22, 27 January 1915, Page 7
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