INTERNATIONAL SHIPPING.
CONFERENCE AT COPENHAGEN. THE NEWCASTLE PROPOSAL APPROVED. United Press Association. Copyright COPENHAGEN, Fob! 9. The Baltic White Sea Conference is taking place at Copenhagen. Fourteen countries are- represented. A unanimous - resolution in sympathy ivitli the Newcastle proposal for an international union was adopted. [Recent cable messages stated that at a meeting of North of England shipowners at Nev. castle, the principle of an international union Avas adopted, and a scheme for "submission to the Baltic Conference to be held at Copenhagen drawn up. Messages of support Avore received from all parts of the United Kingdom and abroad, representing capital to the amount of £50,000,000. The scheme Avas avolcomed Avitli enthusiasm by Japan. Representative shiixnvners of the North-east coast of Great Britain had resolved to form an ■ international combination, to fit the supply of tonnage to the demand. A tentative scheme Avas px-epared to lay' :up all tonnage annually for tAVo consecutive periods of ia month each, the length of the term being so determined because Lloyd’s and the insurance club® calculated, rebates only alter a ship had been out of commission a month. The scheme Avas Avell received at Cardiff, Liverpool, and other places, though it-did.not evoke much, enthusiasm on the Clyde.
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Gisborne Times, Volume XXVII, Issue 2423, 11 February 1909, Page 5
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204INTERNATIONAL SHIPPING. Gisborne Times, Volume XXVII, Issue 2423, 11 February 1909, Page 5
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