FREIGHT WAR
THOSE WHO WILL PROFIT (By Telegraph.) (Special to "The Evening Post.") AUCKLAND, This Day. Discussing the freight war from Canada to New Zealand, and the fact that four steamers aro now en route to the Dominion from Montreal, an Auckland merchant said: "This does not mean that New Zealand consumers are going to receive the benefit. It is far more likely that importers are taking the opportunity of bringing in goods at cheap rates for storage until freight charges go back to normal. It is importers with capital enough to do this who will profit from tho position." He added that tho freight war was unfortunate, for it was bound to do harm to British trade. Tho fact was that goods arriving at cheap freight rates were not necessarily British goods made in Canada. American manufacturers in tho big industrial area extending from Chicago up to Montreal wore sending goods to Montreal for shipment at tho cheap rate rather than to New York. Both New York shipping and industry in the British Isles were suffering.
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Bibliographic details
Evening Post, Volume CVI, Issue 55, 14 September 1928, Page 10
Word Count
177FREIGHT WAR Evening Post, Volume CVI, Issue 55, 14 September 1928, Page 10
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