NEW SHIPPING

Manawatu Standard, Volume LVI, Issue 202, 16 July 1936, Page 7

NEW SHIPPING

CONSTRUCTION AT HOME. LEADING THE WORLD. ALL YARDS BUSY. (United Press Association—By Electric Telegraph.—Copyright.) Received July 16, 8.5 ii.ni. LONDON, July 15. Mr Hector Bywater, writing in the Daily Telegraph, . commenting on Lloyds shipbuilding returns, which show that 848,732 ions of new merchant shipping were under construction at June 30, points out that this is not only the highest since 1930, hut exceeds the aggregate tonnage now building by the four leading countries abroad. Every British shipyard capable of naval construction will ho fully occupied at the end of the year. in addition to the sister ship of the Queen Mary, Aic Cuiiard-Wlntc Star Line are spending in the construction of night liners of 14,000 to 30,000 tons. The situation in Britain contrasts with France, where the strike of 10.000 workers at St. Nazaire is still holding up tho French naval programme.

PACIFIC SERVICES.

BRITISH ASSISTANCE,

Received Julv 16, 10.30 a.m. SYDNEY, Jul yl6.

The Sydney Morning Herald states that its special London representative has learned on highest authority that the British Government plans to assist ■shipping in the Pacific to meet the American competition In- a form of capital assistance from Britain in building ships and an annual subsidy, with assistance from the Dominions concerned.

Until the return of Dr, Earle Page and Mr Menzies from England, who will table a report on the subject of competition between the British and American shipping lines, no comment is likely to be made on the new utterance h.v Hon. P. Fraser when speaking in Otago yesterday.

The conviction that a solution of the Pacific shipping problem must he approached in a manner that did not involve any spirit of antagonism toward the United States cf America--was. expressed by the Minister of Marine (Hon. P. Fraser), when addressing members of the Otago Harbour Board. "The conference in London is trying to determine the basis of subsidies, for subsidies are inevitable if these lines are to be maintained. If New , Zealand enters into subsidies it will lay down tlie necessity for the Government concerned to have some say in the type.of service that is to he conducted, in the programme's of a ship’s accommodation for passengers and crew, and fares and freights. The time has gone when a Government handed out money unconditionally, and the companies do not expect to receive subsidies unconditionally,” declared Mr Fraser.