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Cunard and North Atlantic Conferences 1860–1914

In: Cunard and the North Atlantic 1840–1973

Author

Listed:
  • Francis E. Hyde

    (University of Liverpool)

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fluctuations, so that when agreement between competing lines had been negotiated, the regulation imposed quickly became out of date.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.

Suggested Citation

  • Francis E. Hyde, 1975. "Cunard and North Atlantic Conferences 1860–1914," Palgrave Macmillan Books, in: Cunard and the North Atlantic 1840–1973, chapter 4, pages 90-118, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-02390-5_4
    DOI: 10.1007/978-1-349-02390-5_4
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