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Show SHIPPING OUTSTRIPS NEEDS OF COMMERCE LONDON, March 3. Almost twenty per cent of the shipbuilding berths in HiiKl.tnd .it.- ;ir.int, writ's ;i rorre-Mm,iuI. rorre-Mm,iuI. iii ..f wi. Morning Host anil Hhipbuildors have no contracts on hand for ships to be laid down- Within the last twelve months twite aa many orders have been cancelled ;is have been placed. "While costs remain at tlio existing liiKh level there is no chance ot British Brit-ish shipbuilders getting new orders In anv quantity." the writer continues More partlcular'y is this the case when tlic-ro Is so much German lon-nage lon-nage being offered for sale on behalf of the government. The depression can best be measured by the length of lime It Is taking the ministry of shipping ship-ping to get rid of this tonnage atjialf or one-third of what it eosts to build new ships. Shipping and Bhlpbuildlng (have outstripped thc needs t cora-j cora-j mercc." |