A GIGANTIC TRUST.
INTERNATIONAL SHIPPING COMBINATION.
By Telegraph—Press Association—Copyright London, April 19. Leading American, British, and Continental steamship lines have entered into an arrangement to avoid ruinous competition in the North Atlantic trade. They mutually share improvements in the trade, reduce expenses, amalgamate in repairing works and in offices. The com bination acts in union with the American railways, and secures uniformity of service in winter and summer. There will be no international transfer of ships in connection with the combine.
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Bibliographic details
Gisborne Times, Volume VII, Issue 395, 21 April 1902, Page 2
Word Count
81A GIGANTIC TRUST. Gisborne Times, Volume VII, Issue 395, 21 April 1902, Page 2
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