South American taking over of German and Italian ships is easily explained. So great has been the demand for cargo space in recent months, particularly in the northern run from South America to North America, that the rates have risen sharply and South American exports to this country have protested vigorously, but to little effect. Any additions of shipping would slightly ameliorate this shortage, There is now danger that another 20 Norwegian ships will be taken off the South America-North America run by the British and put on the trans-Atlantic run,
Text read from the printed page and cleaned; old type leaves the occasional error.