SHIPPING RIVALRY

Grey River Argus, 6 December 1932, Page 4

SHIPPING RIVALRY

BRITISH CONCERN. (Aus. & N.Z. Cable Assn.) LONDON, December 3. T’ne chartering of another Italian vessel, presumably subsidised by the Italian Government, to load Australian wheat, has aroused comment, and lent point to the remarks by Air Baldwin, at Sunderland, that British owners serious problem was to compete with the subsidised foreign ships, and his hint: “We cannot allow our shipping to suffer that kind of competition.” The Chamber of Shipping adopted the report of the Committee advoeat- > ing the abolition of all trade barriers au-l flag discriminations. It mentions that inter-Empire trade normally employs only one-third ot British tonnage, therefore there is no future for the British Alercantile Mm line, unless foreign trade is re-estab ’ lished- Tin* AVorld Economic Confer ’ once should deal with national shipping discriminations, as among the most r mischievous of trade barriers. I•' foreign nations persist in subsidies, it - will be necessary for Britain to resort J to them. The Committee is confidently placing ' before the Government suggestions for ’ retaliatory measures.