SHIPPING MONOPOLIES DECLARED IMPOSSIBLE

Manawatu Times, Volume LIV, Issue 6843, 22 February 1929, Page 7

SHIPPING MONOPOLIES DECLARED IMPOSSIBLE

Mosquitoes Übiquitous

CONFERENCE GRATIFIED AT STATE FAILURES

TRADE OUTLOOK HOPEFUL. United Press Association —By Electric Telegraph—Copyright. Received Thursday 'IO.O p.m LONDON, Feb. 20.

In his presidential address to this Chamber of Shipping, Sir William Cur rie said the most important and gratifying sign of the year had been the marked improvement in relations between Capital and Labour and the absence of domestic strife Two of the most illuminating happenings in 1928 had been its withdrawal from the shipping business by the Australian government and the gradual diminution by the American. Shipping Board of its interests in shipping. . It was a matter for very complete satisfaction that two such outstanding examples of State ownership had collapsed. Regarding statements in Parliament denouncing shipping conferences for strangling trade, Sir William Currie said there was no monopoly obtainable while there was freedom of the ports to all shipping. It was impossible to maintain any exobitant rate for freight, for there were many thousands of tons of shipping outside the conferences which would soon be attracted by specially remunerative rates. He concluded by referring to the hopeful outlook as the result of British merchants and manufacturers organising themselves into conferences, to work in co-opcration with tho shipping conferences in extending tho organise tion of trade.