SHIPPING INDUSTRY.
DEPRESSION CONTINUES. BY CABLE-PRESS ASSOCIATION—COPYRIGHT. Received Feb. 19, 10.55 a.m. LONDON, Feb. 18. The depression in the shipping industry continues, states the annual re port of the Chamber on, shipping. In the United Kingdom the British cargo ships made little or no profit during the year, and the industry would have been in a grave condition had not the ship-owners conserved their resources in the past. Had the United Kingdom nationalised its shipping after the war, the ‘taxpayers of Britain, like those of the United States, Canada and other countries, would; have been, called on to meet heavy deficits : —Reuter.
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Hawera Star, Volume XLVIII, 19 February 1925, Page 7
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102SHIPPING INDUSTRY. Hawera Star, Volume XLVIII, 19 February 1925, Page 7
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