The Bremerhaven
p. 10 · Read in the full issue
Disturbing Factor in N.G. Trade
The N.D.L. steamer, Bremerhaven, continues to run between New Guinea and the Far East, providing freights and trading, in copra and other pro ducts. at rates that are beyond the best that can be offered by the regu lar trading companies.
The latter express resentment that this unfair competition against them should be allowed to continue. It is believed that the Bremerhaven is spe cially subsidised and has the benefit of very cheap labour, while the trading companies are subject to the heavy costs imposed by Australian conditions The Bremerhaven offers tempting rates for copra—but the trading companies, unlike the Germans, have to finance against copra shipments. The Ger mans give no service, while the services provided by the trading companies have done a great deal to help the New Guinea community through the depression. There are likely to be interesting developments.