RESTRICTIVE LEGISLATION AND MONOPOLY.
\T,LEGATIONS AGAINST AUSTRA LI AN SHIPPING.
(Bi Elktiic Tnuoiaph—CoPTiiOET.) (Pkx Pun Aseocutiow.) LONDON. June 25
Mr Norman Hill, chairman of tlie Board of Trade's Shipping Advisory Committee and Secretary of Liverj>oel Steamship Own ere' Association, in evidence before the Dominions Commission, said ho <-ould not recommend English shipping legislation on the lin«'» of Australian and New Zealand, because the lattor imposed handicaps which compelled owners to recoup themselves by oharpiTifr freight and farvs t.n&n jthev otherwise would charge. Tho effect of the restrictive legislation gave the regular Australian coastal steamers an absolute monojioly of coastal trado becauM* outsulera practically were excluded. As far a# orvan liners were concerned they had a virtual monojjolv, because they could »foguard themselves bv insurance against new risks and bv iricroa.«*i charges to cover legislative restrictions. but. tramp steamers nhicli otherwiv* rut. in at reduced rates were unable to adapt themselves to the special requirements of Australian legisla tion. Witness lielieved that ships engaged in the trans|M>rt of Australian and New Zealand products formed a monopoly that was due to legislation shutting out outside firms wlk* otherwise would become com petitors.
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Bibliographic details
Manawatu Standard, Volume XLI, Issue 9833, 26 June 1914, Page 5
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190RESTRICTIVE LEGISLATION AND MONOPOLY. Manawatu Standard, Volume XLI, Issue 9833, 26 June 1914, Page 5
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