A motion, urging the Government Ieimed ately to assist and defend the British shipping and shipbuilding fndustren rest easited foreign fompotition. was talked out in the House of Commons to-day owing to he time limit.
'This followed the detent, by 22 votes to £4, of a Labour amendm.nt demanding' the nationalization of. regained confidence among business commun! ties especially in Britain, who hac begun to recover from the shocks 0 the Inst few years and to. adop! themselves to, now conditions, Viscount Churchill said he bel they' could look forward Increasing" confidence.—-Wireleas Through Reuter.
'Me. Walter Runciman, President vet the Board of Trade, ina lengthy' speech on behalf of' the Govern ment, scouted nationalization. refer-wing in this connection to the huge Josses of the Australian, Canadian and United States governments. on state-owned shipping.
He adder tha the recommendafion® made by the Council of the Ehambox of Shipping for an operat jag subsidy for tramp ships was practical pr posal" and. was being considered by the Government.
Text read from the printed page and cleaned; old type leaves the occasional error.