Cunard and North Atlantic Conferences 1860–1914
Francis E. Hyde
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Francis E. Hyde: University of Liverpool
Chapter 4 in Cunard and the North Atlantic 1840–1973, 1975, pp 90-118 from Palgrave Macmillan
Abstract:
Abstract The nature of the trans-Atlantic passenger trade was such that it became extremely difficult to regulate unrestricted competition. This was because conditions affecting the levels of traffic were subject to rapid and unexpected fluctuations, so that when agreement between competing lines had been negotiated, the regulation imposed quickly became out of date. The result was that Conferences proved to be fragile instruments and were generally unsuitable except for short periods when it was absolutely necessary to mitigate the effects of intense rate wars.
Keywords: German Line; Freight Rate; American Line; Fast Ship; Bulk Cargo (search for similar items in EconPapers)
Date: 1975
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-02390-5_4
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DOI: 10.1007/978-1-349-02390-5_4
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