The United "States Maritime Commission recently rescinded its action of last March in instructing Managing Agents of the Government-owned steamship lines to make application for membership inthe conferences of steamship companies to which they' are eligible.
In announcing the action, it was explained that it had been found by the Commission that if the Government-owned lines joined these conferences, they would be at a serious disadvantage with their slow cargo vessels in competing on an equal rate basis with the fast passenger and cargo ships of foreign flag members.
The Commission, it was further announced, is in favour of the conference system and desires all lines over which it has control to join conferences covering the trades in which they operate, providing their participation is based upon equitable terms and due regard to the protection and interests of these lines.
Text read from the printed page and cleaned; old type leaves the occasional error.