THE WORLD'S SHIPPING

Manawatu Times, Volume LXXVIII, Issue 12807, 3 June 1914, Page 5

THE WORLD'S SHIPPING

GERMANY WANTS LARGER SHARE. BRITISH COMPANIES PERTURBED. By Electric Telegraph. —Press Association. —Copyright. (Times. —Sydney Sun Service.) Received 5.50 p.m. BERLIN, June 2. Germany is maturing a campaign on a systematic scale for the capture of a larger share in the world's shipping. British companies are perturbed by the loss of 99,000 tons of shipping in consequence of the new service between Germany and New Zealand. Later it is expected that Germany, Italy and Switzerland will have to obtain meat from Australasia, thus providing back cargo. The Norddeutscher Company is reconsidering its decision to abandon the Australian trade, only asking for a temporary subsidy when this period expires. Few will be surprised if the HamburgAmerica Company enter into the trade. They are building liners considerably larger than the Peninsular Company. Received 10.25 p.m. I LONDON, June 2. The Times' Berlin correspondent says the German-Australian extension to New Zealand is connected with a policy to cut the German Protectorates in the South Seas out of the Anglo-Australian sphere of interest. The abandonment of the Australian subsidy does not mark retreat but the beginning of fresh efforts to push German shipping under conditions of freedom which the Hamburg-Ameri-ca line always advocated. Conservatives even indicate that they are willing to abandon their veto on the importation of meat and wool in the interests of the Australian service. Representatives of the Norddeutscher Lloyd German-Australian line and the British Shipping Companies meet at London on Wednesday to discuss the German-New Zealand service desiring an amicable settlement. It is expected it will result in the loss of 100,000 tons annually to the Port of London.