INTERCOLONIAL SHIPPING SERVICES
THE British shipbuilding firms should note well the policy which is being followed by the Union Steam Ship Company in regard to placing an order for a new fast intercolonial passenger steamer to ply the Tasman Sea. A vessel of the type required would cost in the vicinity of a million sterling, declares Mr. Falla, the managing-director of the company. But the order is being delayed until the position is being cleared up in regard to the protection which may be forthcoming for British shipping in this run. No trading company can run a line in competition with the United States Treasury, but that is the state of affairs which has existed for two years now. The evidence accumulates, therefore, that the operation of this subsidy-fed shipping is doing very grave damage, not only to colonial shipping lines, but to British business as well. It is about time that the British Government speeded up negotiations and reached finality.
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Bibliographic details
Wanganui Chronicle, Volume 77, Issue 151, 28 June 1934, Page 4
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161INTERCOLONIAL SHIPPING SERVICES Wanganui Chronicle, Volume 77, Issue 151, 28 June 1934, Page 4
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