WORLD COMMERCE
INTERNATIONAL CONFERENCE. FOLLY OF STATE SHIPPING. (Pres* Association—By Telegraph—Copyright.) LONDON, May 26. At the International Parliamentary Conmer.cial Conference, Sir Frederick Lewis read a paper in which he dwelt on the enormous losses incurred in the State ownership of shipping, instancing the United States, Australia, and Canada. He declared that Governments should not embark in commerce, and moved a resolution declaring that the true basis of international commerce was the freedom of the seas, accompanied by equal opportunity for ships of all nations at all ports. The resolution was carried.—Reuter. UNIFORM BANKRUPTCY LAWS. LONDON, May 25. The International Parliamentary Commercial Conference passed a resolution recognising the extreme desirability of arriving at uniform international legislation for the universality of bankruptcy laws, and recommended, as a transitional measure to that end, the conclusion of inter-State conventions.—Reuter.
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Bibliographic details
Otago Daily Times, Issue 19801, 28 May 1926, Page 9
Word Count
135WORLD COMMERCE Otago Daily Times, Issue 19801, 28 May 1926, Page 9
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