PACIFIC SHIPPING

Evening Star, Issue 22515, 7 December 1936, Page 12

PACIFIC SHIPPING

COUNTERING FOREIGN COMPETITION AMERICAN LINE’S ENERGISING INFLUENCE Press Association —By Telegraph—Copyright NEW YORK, December 5. The ’ Herald-Tribune,’ in a leader on the closing of the Tasman, outlined the history or the controversy. _ It says: “It is suspected that the Bills_ are intended more as a means of getting subsidies for competitive British services than to end the competition. If so, New Zealanders and Australians still have cause to be grateful to the energising influence of the Matson Line and others. While recognising that the ship subsidy was bad enough, they will be glad there is to be no extension of the flag monopoly principle, which would be a disastrous reversal of the worhPs present feeble efforts in the direction of lowering barriers and freeing trade.” TWO NEW LINERS COMPETING WITH MATSON LINE. LONDON, December 6. (Received December 7, at 1.45 p.m.) The Imperial Shipping Committee’s report has been published. It recommends the building of two fast modern liners of a tonnage of 25,000 and accommodation for 750 people, and costing £1,250,000, to. compete with the Matson Line.