Venice Conference September 1907

Author : International Maritime Committee
Publisher : Forgotten Books
ISBN 13 : 9780331383386
Total Pages : 802 pages
Book Rating : 4.3/5 (833 download)

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Download or read book Venice Conference written by International Maritime Committee and published by Forgotten Books. This book was released on 2017-11-18 with total page 802 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from Venice Conference: September 1907; Draft-Treaty on Limitation of Shipowner's Liability; Draft-Treaty on Maritime Mortgages and Privileged Liens; Conflicts of Law as to Freight The great advantage of such a solution is that it would introduce iniformity in a matter in which until now therewere only divergencies and difficulties. It puts the ship owners, the cargo-owners and the underwriters of 'all countries on the same footing, and thus clearly represents a very considerable progress. Besides, it cannot be denied that this system is essentially fair. It merges a part of the principles of two entirely divergent systems of legislation and forms thereout a compromise wich leaves intact the methods of limiting the shipowners' liability adopted by each system a lump sum representing alike the property at sea and the liability. According to trustworthy statistics, the commercial value of steamers is, on the average, less than to 8 per ton. If this figure is exceeded sometimes in the case of passenger-steamers, it must be remembered that the great services rendered by such vessels in insuring speedy communication between the various parts of the world, together with the large pecuniary outlay involved and the great risks to which they are exposed, afford a strong argument against any increase at their cost, of that 8 rate which is already very high, as established by the English law. Ou the other hand the owners of ships ofa lower value have just ground of complaint against the excessive burden of the English rule, and the Option which is left now to them to free themselves by abandoning ship and freight, or by paying an amount equivalent thereto, will doubtless give them satisfaction, whilst it conforms to the practice which has been followed for centuries by the Continental nations and by the United States. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.