LAST OF THE LINE
SAILIXC SHIPS DON'T PAY LONDON', 28th February. "I'll stick to sail while I live," Cuslav Krickson, the Finnish sailing ship king, told the "Sydney Sun'' representath e. "The freight market is at present the worst since 1!)I0," he said. "1 'ordered the barque Penang home in ballast from Eyduey where I was offered a rale of Pis to load wheat.' It is impossible to accept that freight, iWhVh would result in a minimum loss of CI (101). ; -(tin of a lieet of 20 ships 1 have only six chartered, and these at unprofitable rates. I must depend on Australian grain to keep my licet commissioned. My ships the Grace Ilarwar, Kiiloruu. and Winterhude, at present discharging coal at Venezuela, have been ordered home ill ballast. "il is hopeless to expect to make sailinsr -hips profitable, but mv licet is the last, and when it goes, practically no sailing ship will remain.''
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Bibliographic details
Nelson Evening Mail, Volume LXIV, 8 March 1930, Page 7
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155LAST OF THE LINE Nelson Evening Mail, Volume LXIV, 8 March 1930, Page 7
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