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The Stratford Evening Post. WITH WHICH IS INCORPORATED THE EGMONT SETTLER WEDNESDAY, AUGUST 11, 1920. SHIPPING RIVALRY.

There is every indication that in the future there will be keen oonip titii.u between Briti h and Annua an frliip•4plß{? lines, unless some wnrMa;' ar raneyment is come to by th e .'re at shipping combinations, Recently the j annonma ment was made in Ann iicn ! of a preat ocean merner. made at the jSi cKtion of the I’nit-'d States Sh.’ppaift Board, under which •’!' the trade routes formerly held by ti• •HamburgAmenka Line have been taken i ver by a : njnhii;aticm of 'merman eon.

cf-r.is through an arrangement with ho On (nan company. Tin umv fleet hat will ply the seven sea ; in juice that cnce famous (om,:mv, v.liicli fried the German flag u; all the) tiers of Lhp earth, and which was the | ex-Kaiser’s pride, will iv A me in an owned entirely and will fly the Stars and Stripes. Thus, with Mm recently organised United States Mail Steamship Company, whose vessels are being prepared especially for Kun pean passenger trade, and with -molar ad ventures in prospect, both in the Atlantic and the Pacific, Great I’rhain will find in the United States a mighty rival bent upon rea , 'sim/ the long enerished dream of writing from

her the proud title of “ni'. ,j r of the waves.” America’s new comb:nation is between Harriman and Comp my, railroad and shipping magnums of \iiany millions, Chanler and Company, a wellknown banking confcern of Philadelphia, and the American Ship and Com. merce Corporation, controlling the grea.t Cramp Shipbuilding Company, and having on hand twelve mi I Pen dollars in cash available for the pu" chase of ships or for new construction. It will he seen, then, that there are formidable forces at work to promote inter-ocean competition, and some indication of the intent of America to secure a big hold of the world’s seaborne traffic may be gathered from the Jones law, which is now before Congress, which proposes to rigidly exclude foreign-owned shipping from traffic between American ports. If that is passed, as seem R likely, it will prevent British, Japanese or other foreign liners from trading between American ports and Honolulu or the Philippines, and will certainly prohib't tramp steamers making such use of the Panama route as they are now able to do for service from one coast of America to the other. Japan has already sent polite remonstrances against this poliev of exclusion, which is sure to affect her shipping concerns considerably and will probably send them more into British waters. The shipping position ; s full of interest, for any increase in the tonnage available for the transport of commodities between different countries bears promise of material'y reducing the high cost of living.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/STEP19200811.2.11

Bibliographic details

Stratford Evening Post, Volume XXXXI, Issue 19, 11 August 1920, Page 4

Word Count
464

The Stratford Evening Post. WITH WHICH IS INCORPORATED THE EGMONT SETTLER WEDNESDAY, AUGUST 11, 1920. SHIPPING RIVALRY. Stratford Evening Post, Volume XXXXI, Issue 19, 11 August 1920, Page 4

The Stratford Evening Post. WITH WHICH IS INCORPORATED THE EGMONT SETTLER WEDNESDAY, AUGUST 11, 1920. SHIPPING RIVALRY. Stratford Evening Post, Volume XXXXI, Issue 19, 11 August 1920, Page 4