A PACIFIC COMBINE.
AMERICAN SHIPPING CORPORATION. By Telegraph—Press Anßoclafcion—Copyright Australian and N.Z. Cable Association. (Reoeived Alay 20, 11.15 a.m.) SYDNEY, May 20. Advices from America say that it is proposed to form a shipping cor poration with a capital of 30,000 dollars. in which will be merged all the American shipping concerns at present operating in the Pacific. It is being formed to control one line between the United States, Japan, China, the Philippines, Australia and India. It is hoped to include the Pacific Mail Steamship Company and the Pacific Company. If the proposal matures it is intended to take over fite-en American passenger lines from the American Shipping Board. The local shipping offices are) not acquainted with the proposals.
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Bibliographic details
Star (Christchurch), Issue 16738, 20 May 1922, Page 9
Word Count
120A PACIFIC COMBINE. Star (Christchurch), Issue 16738, 20 May 1922, Page 9
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