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those firms who have replied to the circular from the Committee,

it appears that of the British Firms who have responded not

only has no question been raised against the various Shipping

Conferences in existence but in many cases unqualified approval

is expressed on the subject.

Both from a Merchant's and Ship-owner's

point of view, (and as will be seen some firms represent both

interests) it is claimed that trade has benefitted by the

Conferences owing to the manner in which they have been carried

out. Ample tonnage to meet all requirements of trade, level

and reasonable rates, regular service, better handling of goods

and few losses. One of the replies is qualified by the remark

that the Conference is beneficial to merchants as well as

Shipping Agents "so long as there are no illicit rebates and

returns made" but there has been no suggestion that such illi-

cit returns have been paid.

Another answer is to the effect that

shipping combinations have not tended to fetter traders but on

the contrary secure them equal facilities for competing on fair

and level terms.

It is only when we come to the non-British

firms that any dissentient voice is raised against the existence

of Shipping Conferences. Of these, two come from German firms

and one from a Japanese firm.

1st.

It appears desirable to quote these in full

"The firm deals with the Conference Lines

"in the matter of receiving and shipping cargo

"and that the Conference maintains a uniform

rate of freight. The Conference Lines grant

rebates to shippers who confine the business to

"their lines. We are of opinion rates would be

"more favourable to shippers if free competition

"existed among the Shipping Companies".

2nd.

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