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SHIPPING COMBINE

AN AMERICAN MOVEMENT.

PACIFIC LINES TO MERGE

(United Press Association.) Received May 20, 12.30 p.m. SYDNEY, May 20

Advices from America say it is proposed to form a shipping corporation with a capital of 30,000 dollars, in which will he merged all American shipping concerns at present operating in the Pacific, the 'object being to control one line between the United States, Japan, ./China, Philippines, Australia, and India. It is hoped to include the Pacific Mail Steamship Company and Pacific Company. If the proposal matures, it is intended to take over fifteen American passenger liners from the American Shipping Board. The local shipping offices are not acquainted with the proposal.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/WT19220520.2.47

Bibliographic details

Waikato Times, Volume 95, Issue 14949, 20 May 1922, Page 5

Word Count
112

SHIPPING COMBINE Waikato Times, Volume 95, Issue 14949, 20 May 1922, Page 5

SHIPPING COMBINE Waikato Times, Volume 95, Issue 14949, 20 May 1922, Page 5