SHIPPING

P. & O.-BRITISH INDIA & APCAR LINES

(COMPANIES Incorporated in ENGLAND)

ITKAITS & BURMA, CEYLON, INDIA, PERSIAN GULF, LAUSTRALASIA, WEST INDIES, MAURITIUS, EAST & SOUTH AFRICA, EID SKA, EGYPT, EUROPE, ETC. BATHINGS FOR.

MARSEILLES & LONDON,

VA STRAITS, COLOMBO PORT SAID.

leave Roug

kong, about

Due London about

0.8..

·Due Marseille about

TRINZESSIN.”

1st/etober

22nd November

SHIVA BOYARA"

14 November

Srd December

7th December

8th January

1st December 19th December 17th January

FOX

BOMBAY TIA SIBAITS LTD COLOMBO

**ONERA

19th November

WOR

das Bombay about

2th November

CALCUTTA V STRÄTTS AND BANGOON.

THE CHINA MAIL.

SHIPPING

0. N. C.

CHINA NAVIGATION, CO,

ΤΟΣ

SAILINGS SUBJECT TO ALTERATION.

WEIHAIWEI, CHEFOO, NEWCHWANG

DREAMURA

SVITANG

LTD.

TO LADD

SEBATTIK, SAMARANG & TEGAL.....TATOO WAS Y1.........Oct. 11, at 5 p.m. SHANGHAI & TSINGTAO.............

REACH OF SEPTEMBER 4 the Dust Det. 11, at 4 p.m. SWATOW & BANGKOK

„CHVILN... Oct. 14, at 10 à.mhj

Oct. 14, at Noon. BEANGHAI

HUICHOW. Oct. 14, at 3 p.m. ...Oct..1, Daylight. ....PACTING SHANGHAL TAMING

SINING Oct. 16, at Ncon.. Oct. 11, at 3 pm. MANILA, CEBU & ILOIL....

&TIENTSIN..

NEWCHWANG

SHANGHAI LINE-PASSENGEES, MAIL; and OARGO Excellent Saloon accommodation amidships. Electric Light and Fans in Saloon and State-rooms. Regular schedale service between Canton, Hongkong, Shanghai (Bartos weekly) and Tsingtao (weekly) taking cargo on through Bills of Lading to all Yangtazo and Northern Chins Forta. Passengers are landed in Shanghai, avelding the inconvenience of transhipment at Wooring.

BANGKOK LINE-Weekly service to and from Bangkok vis. SwaLOW.

For Freight or Passage apply to-

Telephone No. 2

BUTTERFIELD & SWIRE,

AGENTS.

INDO-GHINA STEAM NAVIGATION CO., ̈ ́LD.

FROJECTED SAILINGS FROM HONGKONG

(SUBJECT TO ALTERATION),

BERAMYSE

SHIPPING

BAILINGS

FRIDAY, OCTOBER 10; 1919

OS

HONGKONG to VANCOUVER

(via Shanghai, Nagasak! ("Maji) Kobe & Yokohama).

FROM

DOG HONGKONG VANCOUVER.

STEAMERS

Empress of Russia Empress of Japan Impress of Asia

..

Oct. 30. Nov. 3

Nov. 97

*Monteagle

Dea. 19

Empress of Russia.

Dec. Ex

Empress of Japan

Dea. ka

Empress of Asia

Jan. 23

Nov. 17 Nov. 86 Dec. 15 Jan. 18 Jan, 19 Jan. 21 Fob. 9

Fassage Fares Hongkong to United Kingdom.

EMPRESS OF JAPAN) FTRESS OF RUSSIA)

Gold 4000 Tons Reg. Gald

$168.00

16,880 Toni Reg.

EXPRESS OF ASIA

18,850 Tons Reg.

$165.00 MONTEACLY

6,163 Tous Rég... Fares Rbject to change without notice.

Registraluna ter Pasangn for Buimus 1991 now being made.

+"For partistilars regarding paak!

For twight mates and throngh

age fire linge had reservabili lading via Vancouver, in

Lions also), connectist with Canadian Pred

(Libera

mature, apply to

descriptive Eallway to all Overland Points in

Choed sed Untled Blaten, ulers to Europe and West (ie, apply

WALLACE. 2. H,

General Arest,. PHONE

-JAPAN

and October

13th November

FOL

To Sam

FOX

FANGHAL, MOJI, KUBE AND YOKOHAMA..

Leve Elongkong short

"GRECORT APCAR"

19th Oct.

"DENIRA"

24th Oct.

BOTARA

7th Nov,

Tokobama about October (Kobe). 2th October (Shanghai) 21st November

STRAITS & CALCUTTA..........OKAKSANG........SATURDAY, Oct. 11,st Noon. STRAITS & CALCUTTA....................LAISANG.............THURSDAY, Oct. 18, at3 p.m.

KOBE......

P. SUTHERLAND, treneral Agent, Promoogar Dept.,

PHONE: 796

20

MANILA --

Wireless on sil steamISTI.

Des Yeux Rood Central, HONGKONG.

MACKINNON, MACKENZIE & 00.,

Agents.

2.

For PASSAGE RATES, HAND-BOOKS FREIGHTS, &c. apply to:-

OCEAN TRANSPORT CO., LTD.

{TAIYO KATUN KAISHA).

FOR PORT SAID.

8.S. "TENSHO MARU”.

will be despatched on or about 17th October.

17

Size Frågar and Particulars apply to DODWELL & CO., LTD., Agenta,

NATAL LINE

OF STEAMERS.

190 Cargo un ibruagh Blia of Lading to SOUTH AFRICAN PORTS

with ranebipmen1 að CALCUTTA, in conjunction with the INDO-CHINA STEAM NAVIGATION CO., LTD.

CL.DE

APCAR

Sailings from Hongkong.

Warfaza ♬ further particular apply to DODWELL & CO., LTD. Agents.

THE NANYO YUSEN KAISHA (SOUTH SEA MAIL SS 00.)

Megular Service of Steamers Between Japan, Hongkong, Singapora, Batavia, Samarang and Sourabaya,

DET JAVA PORTS.

* JAPAN PORTS

The Freight or Pscage apply to DODWELL & CO., LD., Agents,

0.

S. K.

OSAKA SHOSEN KAISHA,

BAILINGS FROM HONGKONG SUBJECT TO ALTERATION.

LONDON & ANTWERP-Monthly direct service via Singapore and Fort

Said

CELEBES MARU

ALPS MARU Home Themes in 4 8-1-46 1 fotos frack there

Thursday, 30th October, End of November.

GENCA & BOMBAY-Monthly service. Taking cargo on through Bills of Lading with transhipment at Fombay to Co.'s steamer,

BUENOS AIRES-Rio de Janeiro, Santos, Mauritius, Durban and Cape

Town via Singapore.

SEATTLE MARU

Middle of November.

MOMBAT & COLOMBO-Regular fortnightly service via S'pore.

INDUS MARU

BAIGON MABU

.......................... Wednesday, 22nd October.

Beginning of November.

SAIGON BANGKOK, & SINGAPORE-Regular Monthly Service

BRISEN MARU

MADRAS MARU

Saturday, 1st November.

Middle of November.

SYDNEY & BILBOURNE-Monthly service calling at AUCKLAND, N. Z.

and ADELAIDE

VICTORIA & VANCOUVER Tacoma via Manila, Keelong, Shanghai,

Nagasaki, Moil, Kobe, Yokkaichi & Yukthara.

MANILA MARU......

AFRICA MARU

................. Wednesday, 15th October.

Thursday. 13th November. ZIELUNG via SWATOW & AMOY-These steamers have excellent accommodation for 1st & 2nd class calon passer gers and will arrive at and depart from the ). 8. E. war, bear the Earbour ffice.

.............................Tuesday, 14th October. ABAKUSA MAHU

TAKAO via SWATOW & AMOY.

BUBI MAKU

.....................Sunday, 12th October. SAPAN PORTS-Mji. Kobe, Yokkaichi & Yokohams.

.................Tuesday. 14th October,

INDU MAKU women

For sailing dates and further particulars please apply town

Tel. No. 744 and 745.

Y. YASUDA,

Man gir. No. 1. Quan Building.

TEOS, COOK & SON,

Tourist, Steamship and Forwarding Agents, Bankers, etc,

OFFICIAL PASSENGER GANTS TO GOVERNMENT.

THE PHILIPPINE

SIUKATA SUPPLIED ∞ ALL PARTS of the OHLI! at Tar!! Baton LASTERA A CREDIT" and CIRCULAR NUTES INSUED

ZACHRO.

BAUGAGE collected, forwarded sad fusurori et lowat ratha, Door's "PAR EASTERN TRAVELLER'S GAZET) E," containing Sollings and Varní from the Par Erat to all parts of the World, wili be forwarded from an application. "

· Telegraphie addreon "COUPON,”

Telestron No 69€

THOS, COOK & SON; -Hongkong Hotel Buildinga. Hongkong.. Lies, SHAFORAL PEKING, YOKOHAMA, Manika Omar Orion LUNGATK OIKOUS, LONDON, MA

.FOOKSANG........FRIDAY, Oct. 17, Daylight. ...........LOONGSANG....FRIDAY, Oct. 17, at 23.p.m. CALOUTTA LINE-Te ha agw boca reorganised and affords regular xallings, to Calenita

via Skagapore and Pansar.

Betering from Calestia esmer prooood vis. Straits and Blangkong to Impan..

Shanghai. Doctionally enlillag at

Aleshore have excellent pazsonger accommodation,, are itted with Aloesía Light

fully gasend Kurreon. and Fan and carry THANGHAI LINE

proximately every dve daya between Castor and Shanghai, sometimes calling at Swatow. Eteamer on this Ilno bava s limited amount of passenger socommodation, and through ticket be obtained for Northern and Yangias Porte via Shanghai. Trout Fulling kre god to all Northers and YSAS RUTH.

MANILA LINE - wookly service is maintained with Maula by 'Tassels' with good passenger

socommodation; sailings from both porta every Friday.

HAIPHONG LIB: Salto approximately weakly for pamengore and care, calling at i

Heine who 'Inducement offers.

BORNEO LINE: Casaling per month betwean Hongkong and Bundakan by a steamer having

1p-to-date accommodation for passengers

HONGKONG.

CANADIAN PACIFIC.

OCEAN SERVICES

A REVIEW OF THE NATION'S FINANCIAL

POSITION.

(Continued from page 3.)

www

if the present Government were tor ask the country to lend it any more money, having done just what those who said that it was not going to use the money for the purpose that it named put forward as an objection- to subscribing. It was difficult enough to get money subscribed before; it will be practically im- possible now. As most people re member, the Enal result of the loan in cash subscriptions, including Treasury bills, was the sale of a nominal amount of 575 millions in Funding Loan and Victory Bonds, and when allowance is made for the prices at which" these two, issues: исте offered the actual amount realised *CONCE

'down to only 475 millions. This in itself was 1 fairly

when pitiful result we consider the enormous amounts of money that are now on deposit at the banks and in the pockets of the people, but it does not show the full extent of the failure, because, includ ed in this total are subscriptioris to over 110 millions, nominal, “which were made by the banks under pressure from the Government in order that the full extent of the fallure of the loan might be in some degree veiled. By this discreditable piece of camouflage the Government was perpetuating in peace the systera of financial eyewash which had some justification while the war lasted, but it is useless and only discreditable now that peace has come and we have got to face the facts. The cash involved by the subscription made

DOUGLAS STEAMSHIP CO., LTD by the banks is something over 30

HONGKONG & SOUTH CHINA COAST PORT SERVICE.. REGULAR SERVICE of Fast, High Ob Coat Beamers having good Accommodatien for First Class Passengers, Electric Light and Fans in Statercoms

SWATOW, AMOY & FOOCHOW

Cargo taken on through Bill of Lading los Kudat, Jossaison, Labuan. Taws and and Baloons. Ersellent. Calsine. Lahad D TIENTSIN LINE- & cognier service's rx from March to. Detober between Rangkong aad

zg'at Walkuiwali and Castor. Tientsin, calling" Ubdar Straits Government Parport Regulations. All Fxropean. Pengers, leaving the Cology For trains Ballomenis, are add to duce on arrival at destination pampera with their

thereto, Photographs

For Freight or Passage, apply to Tel No.

13.

THE

THE GLIAL Managkus

JARDINE, MATHESON & Oo., Ltd.,

ADMIRAL

LINE.

PACIFIC STEAMSHIP CO.

TRANS-PACIFIC FREIGHT SERVICE. Operating the following U.S. Shipping Board Steamers.

Call a bangbai nal Kobu).

STRANAMP

CASTRALN

AND RETURN. (Occupying 9 to 10 Days) HAITAN ... Capt. A. E. Stewart... | FRIDAY, QUINNEBAUG | Capt. Modina.................... | TUESDAY, HAIHONG... Capt. J. W. Evans.... FRIDAY,

GRAYING,

10th October at 7 pm 14th October at Boon. 17th October at 1 pm.

SW ATOW. Arrivals and Departures from the Company's Wharf (near Blake Pier).

For TREIGHT and PASSAGE apply to

DOUGLAS LAPRAIK & Do.

Feneral Managers,

CHINA MAIL S.S. CO., LTD.

FREIGHT AND PASSENGERS.

"NANKING" (15,000 tone).

2%

For SEATTLE, TACOMA, VICTORIA, VANCOUVER.

About Uctober **ICONIUM" "SEATTLE SPIRIT * About. October

About November 1. "WHEATLAND

About November 30, About December 20.

ENDICOTT megavenedores nabbed CREVECODER" meer

For PORTLAND direct.

(Ching at Shanghai and Kole), "HARTLAND

............................... About November 14. About November 30. "NISHMAHA"

MONTAQUE" ..................... About December 15, Through Billa cf Lading issued to Overland Common Points. FOR FREIGHT AND PARTICULARS APPLY TO:

THE ADMIRAL LINE,

Telephones 9477- & 2478.

Fifth Floor, Hotel Mansions.

TOYO KISEN. KAISHA.

SAN FRANCISCO LINE. BHANGHAI, INLAND BEA. JAPAN and HONOLULU,

PAST AND LUXURIOUS MAIL STEAMERE. Ballings from Hongkong-Subject to change without notice.

Sadkimera

Tons

$2,000

9,000

*SHINYO MARU. *PERSIA MAKU KORLA MARU THE OTHER THAN 20,000 and the the „ĮSIBERIA MARU, ............ til sig

*NIFFON MARU TENYO MARU

1 From Kobe.

Love Honphong.

28th October.

12,000 2000

14th Novimber. Sura Novero bar. 28th November. 6th December. 18th December. +Omitting cali so librogad

SOUTH AMERICAN LINE, HONGKONG to VALPARAISO is JAPAN, HONOLULU, BAN FRANCISCO, HAN PEDRO, SALING CRDE, BALSDA DALIAU, APILA ABU 1QUIQUE. Thence by Trans-áødean Kontu tó Buvaus Airon, Berwarn

Toca

SEIYO MARU 4,700 KITO MARC

14032

17,20

Jy s

ANYO MARU. Barts

Tickets arb interchanṛrabi. -.. and the Parif. Mail Stemancing be

Passensers way, travel fo Fur full rmation.

Telephone Nos. 2374 and 2075

BANK

WEST. LIVER P

Lake Handsung

Nov. th Jan. 9th,

asporu al aum Jagna, from of two- tepuun, man, wypl; ser

T. DAIGO

و با نام اور نا ام لا

MING- 20:41 217.

F 2 00.

FINGER SERVICE,

W105

HE SA KONG „MING" (vagy a Const, wall hove zen Se Kpop, The (Conti ulet Li Wanita via West River Ports.

This Veered as exesert Tu ponte sorcizzeeting, den ist b

Very Sad p = c h x-ma's bille Ventsp

with electie light and tensaje de aquela sallescag-how-ka, Vianente,

An excelent table is srovided

Owing to the lack of hotel kermercation in. Varela w jazzin es za tacking

ound the Vek N LOLL CAIN the round trip -il pe atlower Belak etaryd

Fur freight and passage spils to

BANKER & CO.,

Dr

Mesra, THOMAS COOK & SH

Passenger AgenĖN.

"NILE"

"CHINA" (10,200 tons).

(11,000 tons) BAILINGS FROM HONGKONG FOR

SAN FRANCISCO

VIA SHANGHAI, JAPAN PORTS & HONOLULU,

"OHINA" "NANKING" "NILE" November 4th, 1919.

October 11th, 1918. November 22nd, 1919.

AN UNSURPASSED HIGH CLASS PASSENGER SERVICE.

0. E. RITTEE, Freight and Passenger Agent.

Tul 1934.

Prince's Buildings, Ion House Street.

INDIAN AFRICAN LINE.

Cargo carried on through Bills of Lading from HONGKONG to BEIRA, DELAGOA BAY, DURBAN (Natal), EAST LONDON, PORT ELIZABETH and CAPE TOWN with transhipment at COLOMBO to Steamers of the INDIAN AFRICAN LINE.

Fox Boxazona:

PROPOSED SAILING.

Connecting with

From COLO

EXCELLENT ACCOMMODATION SOX let AND END Ora Passingen.

ORIENTAL AFRICAN LINE

millions, and so the actual subscrip tions made by genuine investors, in many cases out of money that was lent to them by their banks, was less

than 400 millions.

"

THE FLOATING DEST. How, then, does the Government stand with regard to redemption of floating debt? The deficit estimated originally in the Budget was 240 millions. Its clear now that the deficit to be faced will be at least 340 · millions. Against this we can set 50 millions that had already been raised by the sale of National War Bonds before their issue was stopped, and perhaps 70 millions that the Govern ment may be able to get out of sales of War Savings Certificates, the steadily continued demand for which is one of the few satisfactory features in our financial outlook. It thus appears that 220 millions at least will have to be taken, unless other measures are adopted, out of the so-called Funding Loan to enable this Government of wasters to make both ends meet, leaving con siderably less than 300 millions to meet liabilities which will fall due during the current financial year, amounting, according to Mr. Cham- berlain's own statement when he asked the House to authorise, the In loan, to some 1,800 millions. other words, the funding operation has been an almost complete failure, and the only prospect that appears to lie before the Government is one- of continuing to finance by Treasury bills or Ways-and-Means advances. or any other kite-flying method by which they can make both ends appear to meet. "I" said Mr. Chamberlain,

now

we were to continue at the rate we are spending would Jead 19 .It straight to national bankruptcy.” but he seems to forget that it is his business, for which he has accepted responsibility by taking ofice. as Chancellor of the Excheque to prevent us going straight to national bankruptcy. The nation has no in-

Regular Direct Service from JAPAN, CHINA and STRAITS to BEIRA, tention whatever of going bankrupt. DELAGOA BAY, DURBAN, EAST LONDON, PORT ELIZABETH and OAPE if the present Government can do and affording the Quickses Freight nothing better than make melancholy TOWN, calling at MAURITIUS on route Transport from the ORIENT to SOUTH AFRICA.

For dates of departure, Rates of Freight, apply to

THE BANK LINE, LTD.

KARTA.

'ELLERMAN" LINE.

berman & Bucknall Steamship Co., Ltd.)

JAPAN, CHINA AND STRAITS то

UNITED KINGDÚM & CONTINENT.

70 PARTIOL·LARS. ¡OF KAILINGS SHIPPERS ARE PAUL KASSI TO APPROACH THE UNDERSIONED,

STEAMER

Naject to change without notice.

F

.

SATZ.

THE BANK LINE, LTD

Geners) Aganta.

NEW YORK DIRECT.

JOINT SERVICE OF THE

BLUE FUNNEL" LINE

40 CRAN, 8.8. (0,·LD. & CHINA MUTUAL 8.N, CO., LD.)

AND

speeches about the obvious results of its own financial policy it must sooner or later be turned out and succeeded by some Government that will put the nation's finances right. If any body is going bankrupt it is the pre- sent Government, and it looks very mu if they intended to do so, as they sit down helplessly and moan instead of putting their backs into the business of getting things right.

An extraordinary story was told in the course of the debate by Mr. Atkey, who raid that on the previous morning he had received a letter from a gentleman whose name stards high in the civic life of Nottingham. to the effect that the lol antizir craft service is still kept in full swing, with a colonel and, wher officers, and that only about wo months ago another gun was actually- put up. This statement would seem wholly incredible it we were not hing under the present Government, Mr. Chamberlain could orly sub hat the matter had been-reterned to the War Office, and, that the

State of

FT War Secretary

whar would

was

defend not not defens.ble if that be the case.

Mr. Chamberlain's whole attene, in

AMIRICAN & MANCHURIAN LINE short, in that of a good and wrty

- (ELLYHMAN & BUCKNALL SS. ('O, LD.)

SAILINGS FROM BON KONG,

*EXIVED:

"E REPAIRE

"AL CHEST

CİTY OS NEWCASTLE”

TIK PADA Vis Pin a Vi Prusik vin mez

18th October.

7th November 10th November. 3th avember.

stema ješno va Ruz Canal or Pair na tenal at Owned option. Subject to plunge it notice

For freight and particulus apply to

BUTTEKLIF BA or 18 BANE LINE, ZD., HONGKONG:

CANTON:---. HONGKONG CANTON

REISS, & CON

man who would like to see the finances of the country on a sound basis, but has not attempted to realise that he has accepted from the nation the task of putting the finances of the country on a sund basis; that if he cannot do's, but simply sperids on other purpos money that has been subscribed for redemption of floating deur, his own bankruptcy as Chancellor of the Exchequer is publicly declared.

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