MENACE TO BRITISH SHIPPING
DOMINIONS’ HELP AGAINST FOREIGN SUBSIDIES?
(Received February 11, 6.30 p.m.) LONDON, February 10.
“I am sure the Government will not look in vain for support from the Dominions to safeguard British shipping,” said the President of the Board of Trade (the Hon. Oliver Stanley) at a luncheon aboard the Shaw Savill Company’s new liner, the Dominion Monarch, to mark its entry into the British-Australian-New Zealand service.
Mr Stanley added that the Government was fully alive to the menace of foreign subsidies and was investigating the shipping industry’s proposed safeguards. Replying to comments by Lord Essendon, a member of Lloyd’s on the harmful methods of foreign subsidies, Mr Stanley said the mercantile marine was an indispensable adjunct of Empire defence, as British ships in 1937 carried 92 per cent, of British imports and 99 per cent, of the exports from the Empire. The Dominion Monarch picks up at Cape Town 300 South Africans for the round voyage to Australia and New Zealand.
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Bibliographic details
Southland Times, Issue 23741, 13 February 1939, Page 7
Word Count
165MENACE TO BRITISH SHIPPING Southland Times, Issue 23741, 13 February 1939, Page 7
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