TO CONTROL SHIPPING
WILL STATE INTERVENE? RUMOUR STARTLES LORD INCHCAPE. (Received Sunday, 5.5 p.m.) LONDON, Oct. 18. Extraordinary interest is manifested in shipping circles in connection with the report that Government has decided to buy out the Cunard-Peninsular and Furness-Withy lines in order to facilitate demobilisation. The scheme does not involve the winding-up of the companies, which will build new vessels. The Government probably will announce its policy without delay in view of the urgency of placing early orders for new construction. Lord Inchcape says that British shipping will only recover to its pre-war position if the paralysing influence of Government control is removed at the earliest moment; also, there should be a clear and early declaration whether the State intends to become its own shipbuilder or shipowner. The present uncertainty is frightening capital away and stifling enterprise.
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https://paperspast.natlib.govt.nz/newspapers/MT19181021.2.41
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Manawatu Times, Volume XL, Issue 14017, 21 October 1918, Page 5
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138TO CONTROL SHIPPING Manawatu Times, Volume XL, Issue 14017, 21 October 1918, Page 5
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