The government had made it clear that this kind of assistance could only be given if the British shipping industry itself took steps to reorganize itself within its own limits. Three conditions which they rewarded a of first Importance were, that advantages given to" industry should not be dissipated, that there should be greater employment of British ships and British seamen at. the expense of foreign subsidized ships, and that ship-owners should them: selves, within their own organizations and particularly in international ship~ Ping conference, press for adjustment of supply of world tonnage.
Regarding the International Shipping Conference, he trusted that, by. the middle of January, a. preliminary meeting to arrange an international agenda would be held in London and that the conference of the whole of the ship-owners themselves. working.
approved agenda would be: probably in" Berlin—Wireless through Reuter.
Board that there was no ma terial for improvement recently the freight market. With regard to ip replacements, he said, the policy fof the Government had been modi-fled. The previous pronotal to provide facilities for building one ship for every three broken up had been altered to make the proportion one: for two, The Government wns also prepared to assist in the modernization of ships already afloat. At the start, he concluded. the scheme wold operate for the period of one year. Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.