UNKNOWN

Waikato Times, Volume 87, Issue 13245, 29 July 1916, Page 1 (Supplement)

UNKNOWN

An interesting .m ping freights was jS meeting of the Wa| Commerce. The mall letter from Mr LenTj to the mattejg who was asH Air PethericSß thoritative papers resoS nither formidable dotl mass of figures too I The following extradjj being portions of extraflfl in the English »' 22nd and 29th d the most interesting partt 1. the war the j commandeered a substantia British mercantile marnjS elated that the amount ©Til up represents about 35 a whole of the British iner3 h beyond the eommandeeflffll eminent has he ; lor the carriage of fed calculated that altogetfl rnei.t has taken up sornetM 'i the total BritishJ And the recent ad<M t...ns have brought about U freight rates, untilll freight rates are J higher than they wgfl while the average rjl want rates is in the neighboj l iir cent. The following fijgl Homeward freights for 191 l 191b. and the percentage | three years: Krora BomH 125<. 594 jier cent.; River 3 . 60s. 150s, 1011 per cent,; AM i'/otion;, 51s 3d, 90s, 2305, ?S average, 17s lid, £1 | 787 The corresponding figurffl J months ni February in the J [ give e\.-n more striking resuOT Homeward freight: BombajH 07.-. 1355; 713 pet- cent. Rivera Gil. 72s bd, 1555: 1248 per <A lantiV ports (cotton), 255, IS 9UQ per cent.; (grain), 7s 111 ciOs 3d; 914 per cent. jj Outward Heights: Cardiff 1 7s 3<l. 30s. 80s; 1003 a t'anlit't to River Plate, 14s 3dfl 2C9 per cent. J m MM As tlie effect of these increajjl nmliiied to higher prices fes 9 goods, hut has increased thejjM lompetitive Home-made or Hon goods. ti;e increased tln-ni nut only an immense incl the profits of shipowners,, bdffl ic-ponding addition to the pfl farmers and persons possessinjJ stueks of foodstuffs, of raw 1 an<l other fowls imported befefl recent advances. Thus, early in! the Kngiish average price of wlufl 43s cd pur quarter; and it is nH 7<l. in spite of the fact that thiM food supplies are abundant. "As ■ stand at present, leaving Ability of any additional rise '• ii 1 = .still higher pricc-3 of pi ailv.cne in freight rates siiufl 1 1.-,j.in v.-ill : nip...s(! j, burden upn I'.ntish people of at least £3O3#M apaiL aho-ether from 50 per cent, J p: lit- .shipowners which will bfl U'to the iivasury; while, includuS oi) pn lent. ox:i->a profits tax, the! mil oiibirc! i-ust to the consumer <M i!-c ireiglits since war liegaaM .■i.m.-ihing like £400.000,000. ."'£■ i.s e-.-.-.iitial to leroliect that the ■ ■ :se ni ii'ii.'hts in recent weeks "|M diiect result of the • policy in < ominaiideering and requisM in 2, .-lops, and that the country ioofl the ( lovernmi lit lor protection froofl • '!ise.|lleliei'S of its own acts. Whefl o.ii.muit that the <iovernment has! le.idy taken up some £0 per cenfl the menautii- tonnage of this ootfi .mo i.s air.-I.|y larrying vast quant of jirodui e in Government ships, OB :u i' 10.-. 1., ,|,,;; over what valid a nieiits can lie used against a polio coinmaiKb. j in- the whole British-/ "•''- '• n'li ;m icly in order to regi t'i'i.b; late.-. 1,1,1 i, ( order to obtain tie: ii'iii.ti. for the carrying on of war tl: • wii.!" t the pronts over above i. :i <.11. 1 1.1.• umipensatinn to,*? owners i : ih.- .ships. . . . All the t "i 'bo < ; "V< iii-iii nt since the war bej '"'•' "P! I i" this (present) " po li When tl,, ,e \\ ;l .s danger <,f n short 6U$ "I & : uar the Ooverunieul b<*igp|f He- world's available crops When tji was danger ~;' a corner in meat i C<Meiiim<-iit ehartereo il, • whole of 1 leiYigeraior ships, in order that' m« nujht be obtained at reasonable prio W'bin th ■!;■ was dang-r of food shorta tie- i;..venii:ient ifquisition.d ships 4 lb- ■ air a-e of foodslilffs, and it jg < '"" ;; '''''■ '-•'''■ ther.- is a genei -'■■' la.:, ~: tonnage and the country I >ii ~! to p :! \ e.\oibitant rates for t c.mviii. ot .u,ti,, the Government BU : :■ !■• I lb. • aintiy. either oy regniati • ;; ' - -■ ■: ' l-.iiior;. L.he \: hole" of"- t ' '- ' ■-- p'clit- .o:-.ii_ liu.ii the i omch