GERMANY'S BEA TRADE.

Evening Post, Volume CXI, Issue 6, 8 January 1916, Page 14

GERMANY'S BEA TRADE.

Herr Huldermann, a director of the Hamburg-Amerika Line, who, in the day* when Qennan ships were sailing all the teas, was Herr Ballin's chief of staff, recently delivered.a public lecture in Berlin on what the Hun merchant fleet ased to be and what it still hopes to become. According to jthe report of his speech, Director Bnldermann was eloquent in regard io German shipping's history, silence itself about its present position, and only communicative 'in generalities as to its "future."' It must have galled his hearers to learn thai German' navigation was at such a pinnacle of prosperity in 1913, a year before the war, thai, new vessels worth more-than. £25,000,000 were tmdei construction for German lines, but that "during the war the enormoua increase ix>' freight rates had found ite way into the; 'pockefcs of ex clusively non-German shippers.'' After painting a dolefully glorious picture of the past, Huldermann. said: "Neutral shipping has derived qtrite special advantages from tbe abnormal conditions whicb have existed during the war. It is to-day simply rolling in money. Ship-building in neutral dockyards has also increased to a colossal extent. German shipping after the war will also, in this raepect, have to meet very heavy competition."