25 FEBRUARY 1928, Page 3

* * * * The Chamber of Shipping supplies a

stream of annual presidents, who never fail to deliver addresses of great interest. On, Wednesday, Sir William Seager gave a review of the shipping industry which was hopeful .and, as regards relations with seamen, very satisfactory. Coming from Cardiff he knows the full gloom of the coal export trade. He gaye strong approval to the Geneva Economic Conference and its outspoken report against tariffs, and he was able to point to the disastrous examples that the world has seen of State ownership of ships. Socialism he called " dead co-operation," and he called for a live voluntary co-operation throughout the industry. At the dinner on Thursday evening the Prince of Wales made his first public appearance as Master of the Merchant Navy and Fishing Fleets. The Secretary of State for Foreign Affairs and the President of the Board of Trade also spoke.