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Show j BRITISH SHIPOWNERS j ARE UN'DER HANDICAP Tisde 'Will Go to Americans, Japanese a n i Sc ai; d : n r. vin ns A : t er War, I S-ys Authority. i ( '.ONIVN. Nov. ! (iVrr-sr.--. 1 : "The taxation put upon bni sti sr.;;own-, ej-s and th- d .i'!trv;-.t.al irtati.wnt of the 1 assesd pr?;1:-: w. 11 prov- a cotxh t handicap t-- H-'.t.sh sh;pp-i:g aft-T the; war.'' ass-rts l-h-a- k H Ho- Vr. chair- j ::-n o: tr.e Houluer t ja.n n .r line, in I th- Fall Mall Oaj :.. plft." h ' adds. "wilt, as a rr-iv.lt. pass very lars- , 1 ly into the hands of th Americans. Jap- j arose ar d Soar: ar :an neutrals. Japan , alreadv has Ian; Vu:hi:nc resources and i has teen tur::m: out ships In increastr.g j number? for several ears past.'" , Mr. Hou'der said that Ameri'-l. had ' been forced to become a ration wherein 1 yreat shipouilolir actiu:cs are needed 1 to meet the position created bv the war. "Firuincitrs will find th necessary :n- j centive to assise and iiTim-ms- ly develop J l American shipping, whu ii will it-.evUabiy i ! ito ahead with a rush." he said, "so that j J we may certainly hxk for much co'npe- ' titica on the part of the I'nited States l "The British eoverr nient :s now build-I build-I ir; erups itself and If the state Intends t j to run standardized vessels on its own I account, tio san- shipowner is golfs: to : 1 build any more ships to run in competi- I tion with the government, which is in- t different to profit or losses. "It is a question whether the standard- ized ship Is worth the extra money spent on her e x t ra s ; e d . That is to so y , whether there is a commensurate return i .on the extra capital involved. j "There is no doubt the tJermans have made the greatest effort to captur- the , i Brazilian a:;d Argentine trade. Both re-I re-I publics have ber arrions their favorite I markets. especially Argentina. where i there are srre.t numbers of C-er.man wool and grain firms, whose business in nor- t . mat times is to supnly the fatherhuij with these commo-.titits." |