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Show SHIPPIG COIME IS HEDGED Vice Director of Traffic of the Hamburg-American Line Makes Admission. t WASHINGTON. .Jan. TZ. Shipping agreements wheroby the North German Iloyd, tho Hamburg-American, the Red Star and other trans-Atlantic lines keep out- of each other's European ports, wcro acknowledged today before tho houco committee on merchant marine by W. G. Slckcl of New York, vlco director of traffic traf-fic of the Hamburg-Amorlca.n line. Mr. Sickcl said the European companies compa-nies oporatcd from single ports In the majority of oases, and that there was an agreement between the Hamburg-American Hamburg-American and the North German Lloyd, whorcby the former rofrnlned from taking tak-ing freight to Uremcn from any north Atlantic port of tho United States and tho lattor refrained from taking freight lo Hamburg. In the same way, ho said, his company did not carry freight to Antwerp In competition with tho Red Star line. No general agreements Covering other ports were. In effect so far as Air. Sickcl knew. He said there was no agreement between the different lines whereby th rates from the United States to the various vari-ous Kuropean ports were adjusted at a common level. Mr. SIckel said he understood under-stood that his company, the North German Ger-man Lloyd, and tho International Mercantile Mer-cantile Marine, held 50 per cent of the stock of the Holland-American line. P. A. S. Franklin, vice president of tho While Star line and a director of the International Mercantile Marino, will appear ap-pear as a witness before the committee commit-tee tomorrow. |