Shipping War

Taranaki Daily News, Volume LVII, Issue 13, 3 June 1914, Page 5

Shipping War

GERMANY'S AGGRESSIVENESS. IN THE COLONIAL TRADE. By Cable—Press Association—Copyrigh Received 2, 5.50 p.m. Berlin, June 2. Germany is maturing a campaign on : systematic scale for the capture of ; , larger share of the world's shipping English companies are perturbed by tin ' loss of 09,000 tons of shipping in con sequence of the now service betweer Germany and New Zealand. It is expected that later Germany, ' Italy and Switzerland will have to ob tain their meat from Australasia, thru providing a back cargo. The Norddcutscher Lloyd Company is 4 reconsidering its decision to abandon the Australian trade, and is only asking for a temporary subsidy when this period expire*. Few will be surprised if the Hamburg- , Amerika line enters the trade. They . arc building liners considerably larger than the P. and O. Co's. GERMANY IS DETERMINED. PROBABLE MARKET FOR OUR MEAT AND WOOL. BRITISH SHIPOWNERS ALARMED. Received 2, 10.25 p.m. London, June 2. The Times' Berlin correspondent says that the German-Australians' extension to New Zealand is connected with the policy to cut the German protectorates in the South Seas out of the Anglo-Aus-tralian sphere of interest. The abandonment of the Australian subsidy does not mark retreat, but is the beginning of fresh efforts to push German shipping under conditions of freedom which the Hamburg-Ainerika line always advocated. The Conservatives even indicate that they are willing to abandon, their veto of the importation of meat and wool in the'interests of the Australasian service. Representatives of the Norddcutscher Lloyd and the German Australian line and the British shipping companies will meet in London on Wednesday to discuss the Germany-New Zealand service, desiring an amicable settlement. It is expected that the result will be a loss of 100,000 tons annually to the Port of London.