THE SHIPPING COMBINE.

New Zealand Times, Volume LXXII, Issue 4646, 26 April 1902, Page 5

THE SHIPPING COMBINE.

LONDON, AprH 24. There is much alarm in linglan!! lest the A mar?nan shipping combination, should deprive the Admiralty of the fleetest subsidised cruisers in the event of war, -while Germany retains control of her subsidised lines. The Government is being urged to legislate with a view of securing the retention of subsidised cruisers under the British flag.

It is reported that the Belgian and Dutch lines will join the American combination.

(Received April 26, 0.25 a.m.) LONDON, April 25. Speaking in the Housq of Commons, Mr H. O. Arnold Forster, Parliamentary Secretary to the Admiralty, stated, in connection with the shipping combine, that an Admiralty Committee was inquiring into the question of Government subsidies to various steamship lines. Meanwhile arrangements had been made precluding the possibility of the transfer of the hired ships of the White Star line, to a foreign flag, without the Admiralty’s consent during the current agreement, which ended in 1905. The “Daily Express” states that Mr Pierpont Morgan’s combine is trying to fix the emigration rates, and is seeking to prevent the' Canadian Immigration Department from supplying Elder, Dempster and Company with tion relating to prospective emigrants. The combine threatefas to buy control of the Canadian Pacific line.

The “Daily Mail”__states that Mr Morgan’s combine is”~introducing into Congress a new Shipping Bill, permitting American owned vessels to be built abroad and brought under the flag.