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THE CHINA MAIL, TUESDAY, JUNE 11, 1948,
Anglo-Chinese Trade Prospects
Assurances that the question of China's foreign exchange would be solved before very long, and that the new Chinese Company law. would be based on "liberal principles," were given by Dr. Wellington Koo, the Chinese ambassador, when he spoke at the inaugural' luncheon of the new Anglo-Chinese Chamber of Commerce in London.
alicos for Box Nos, 47, 62, 81, The luncheon was also attended by Sir Stafford Cripps, president of the Board of Trade, who emphasised in his speech that all impediments to trade with China were being rapidly remov- ed. The new commercial treaty which was about to be negotiated between the two coun- tries would, he said, be based on "equal part- nership."
the
AGAIN UNPACKED huge collec tions of "Pure" silk embroidered garments in chic boleros, negli- Rees, pyjamas, conts, ole, "Genu- dno" fad-gold jewels in neckinces.. rings, cuft-rinks, bracelets, etc., "Fincat"-carved prewar-made teak-mercial relations between the two coun- camphor cheats unseen elsewhere Mode Elite, 22, Queen's Road C. "Fixod" prices "No" delusion.
HALF A MILLION MEN'S SECOND-HAND JACKETS and TROUSERS suitable for Hongkong trade at FOUR SHILLINGS cach,
Thousands shipped to Middle
East.
Quick shipment of pressed balts of one thousand assorted garments.
Establish confirmed credits in payment of any quantity on an English Bank.
M. Newman, (Contractors)
Ltd.
Heap Street, Manchester 7. England. Cable Address: Harbinger.
SHIPPING MOVEMENTS Arrivals
und
Yesterday:-S.5. Amalia Fort Constantine from Shanghai. Scheduled Arrivals Today-U.S.8. Vammen from!
and S.S. Taipovshan
Okinawa from Singapore.
Tomorrow:nil,
Departures Yesterday:H.D.M.L. 1100 for Macao, H.M.S. Comet for exer- cines, ELM.S. Redpole with H.M.S. Woodcock for Singapore, 8.S. Far
Dr. Wellington Koo, welcoming formation of the Chamber, declared that
Alled a very marked gap in the com
triển.
"The prospect of trade between our iwƏ countries is futt of promlie," he said, "There are many things which this co try can supply which China neels-such things ships, locomotives, rull and rull- in stock, steel and Iron goods, cable and wire, mining and metallurgical appliances, In the na well n lots of other things, manufacturing of much gonės, mareseng, no country can claim a beiter amlard of quality and excellence,
"In return, we in China feel thing we could supply some thing which you need,
of
Rockefeller Partnership
New York, June 9. Six members of America's wealthy Rockefeller family have formed a limited partnership to finance new productive bust- nesses and other projects.
Pago 7
JARDINE, MATHESON & CO., LTD.
SHIPPING DEPARTMENT ·
16 Fodder Street"
1. Tel 30311.
General Managers.
INDO CHINA S. N. CO., LTD,
Lawrence S. Rockefeller, one of the group, said the others woro John D. Rockfeller 3rd, Nelson A. Rockefeller, WinS.S. YUENSANG
8.9. MAUSANG throp Rockefeller, David Rocke- feller and Mrs. Andy Rocke- feller Miltan.
8.5, YUENSANG
The articles of partnership SS. ESANG enld "The general matter of the business to be transacted by the limited partnership is the Anding, investigation and finane ing of new, productive and con- businesses and pro-
the problem of China's now company law. These and other questions, so far structive aa China la concerned, will be safeel injects, the making of perman- due course, in fact, the question ent on long term investments, foreign exchange will be mottled selare
and the management and super- Vision of suen investments." Associated Press.
very long, ant in an even shorter period you will hear of the new company law which is based on liberal principles-tor In the polles of the Chinese Govern- ment to Welcome co-operation from abroad, and particularly from countries ike this one,"
New Era
BRIDGE NOTES
If your partner is a placld soul Sir afterd Cripps told his audience and doesn't easily froth at the that the formation of the Anglo-Chinese mouth, you can remedy that con- Chamber of Commerce had caused him "dition by cooking up a "bridge row of satisfaction, not merely at Tre sident of the Board of Trade, but also Dersonally,"
Before the war,
he reminded them, Anglo-Chinese trade had been on
A cona.
Before thin War we we tu pend yea numerous commodities and raw materiala, nuch a milk, bristles, hides and skins, a olt-bearing food products like grouminalsparatively small scale, Scarcely two per and peatutar, We cannot supply nylon stockings but we can certainly furnish you with substantial quantities of dried
ek, precious ures, antimony, and wol fram, for example, would alou be very meful to Brith industry,
Confidence In Future
**There can be no doubt, therefore, that Anglo-Chinese trade, far from being
and une-way traffic, is complementary
for these mutually ndvastageous, and reasons I look forward to the Futaro taf Anglo-Chinese trade with great deal of confidence,"
cant of our tatal exports went to China, whilst China's exports to us were nisu
SAILINGS
ARRIVALS
IN PORT
9.3. LOKSANG (Ben Line operators) S.S. MAUSANG. 3.8.-BAMDART 3.8, KWAISANG S.S. EMPIRE PERLIS
.to Shanghai 12th Junt to Sandakan 14th June
From Shanghai 14th June
.Kowloon Wharf
.Kowloon Wharf
.Mackio's Wharf
...Buoy A.13
Kowloon Dock .Kowloon Dock.
All the above subject to alteration without notics,
All Intending Passengers are requested to register their names a far as possible in advance of the time at which they wish to leave.
insult" to fling in his face. The wonderful part of it is that you can remain perfectly calm your- self and can look perfectly in- nocent when your partner begins M.V.
to matter into his beard. Here's one "bridge insult" that almost; comparatively small. Bir Blafford added: disrupted a lifeimo friendship:
Souh, Dealer
"But now, as I have sald, a new era has opened. The restraints and restric- tions have been cast off and once the after-effects of war and revolution have
Overcome, A great and wide feld for mutual trade will be opened up,
There were many kinds of goods we could take from China as woon na he
wash
Both sides vulnerable
In a position to export, Lustry B. K 10 9 6 tools, of course, we could not afford at H, A Q 10 8 the moment except in very limited jun. | D. 59
The mutual trust and confidenes besitles, but there were foodstuffs and other 0. J 10 9 tween Chinese and British merchant was, commodities that came within the cat
be declared, a very precious set in theory of necessaries or Bear-necessartes, commerrin relation between two countries. Referring to the present if culties confronting those engaged in trade with China, the ambassador said:
"There are problems which await salu- tion: the problem of foreign exchregs,
Eastern Carrier for Shanghai and 3.F.A. Empire Garden for Singa-
dore.
Scheduled Departures Today :-nil. TomorrowA-ILM.S.
Glenvarn
"But there is another aspect of this trade which we must bear in mind." Sir Stafford wald, "and that is the entrepot trade, We should be the Western base for the dintribution of Chinese commodi ties and, of course, there is no reason at
all why we should not Import any and every kind of commodity and manuine- tured article for re-export,"
No Restrictions
He assured his hearerk that the Govern ment was rapidly moving-- fact, ind alrendy largely, remoresi-al) Impediments to trade with China, adding i
"On our side, export licensing restrie
and H.M.S. Manxman for Singa- tions and supply controls have been pro ressively relaxed-since the end of the pore.
waz. nntil now ther constitute a relative
BURNS, PHILP & CO., LTD.
S.S. "AMMLA”
Arrived 10th June_from' Australian Porta.
•
For further particulars apply to
GIBB, LIVINGSTON & CO., LTD.
P. & O. Building .
Tel. 28031 & 31178.
BEN (LINE STEAMERS LIMITED.
"BENVORLICH"
"BENLEDI"
"BENVORLICH"
"BENLEDI"
"LOKSANG"
SAILINGS TO U.K.
loading about
"
FREIGHT ONLY.
VESSELS DUE
Mid June Early July
Discharging-Kowloon Wharf arriving about End June discharging-Kowloon Wharf
For further particulars apply to
W. R. LOXLEY & CO. (CHINA), LTD.
York Building
Tel. 34185.
DOUGLAS STEAMSHIP CO., LTD.
S. S. "Hai Yang" Sailing on or about 13 inst. Subject to alteration without Notice,
For Particulars of Freight & Passage, Please apply to:--- DOUGLAS LAPRAIK & CO.
General Managers.
P. & O, 'Building, 5th floor. Tel. 23755.
or
CHINESE SHIPPING DEPT. 20 Connaught Road, Central. Tel. 24639.
AUSTRALIAN ORIENTAL LINE, LTD.
SAILING TO AUSTRALIA,
""Priam” sails for Sydney on or about 24th June
MORE NARAVESSEL DUB
Yunnan from Australia 311 June For particulars apply to ATLAN
BUTTERFIELD & SWIRE, Agents
Pol 80881/
ly narrow Impediment to normal trade, Civil shipping services have been resumo) And we have reason to believe shipping will be available
that
to. CAYTY S
mach as We can export to China, or
China cati export here,
Just over a month ago, all Trading with the Enemy controls were removed in respect of China, and also the restric. tions under the Defence (Finance) Negi- lations on the use of sterling accounts,
gold and securities hell by banks for persons resident or carrying on murine In China,
One Obstacle
"There remains a rather serious obstacle
8. 1 H. 7 4
D. A J 10 9 4
LD, K7 63
C. K Q 7 5 8.
B. 84
N
1. U t
W
Q. A 8.4 2
S
B. AQ J7 3
A KJ962
D. Q 9
C. G
The bidding: South 15
West
North
. Pass
20
2H :
Pass
Dbl.
3C Poss
3NT Pass
Agents:
THE GLEN LINE LTD.
Managing Agents
AUSTRALIA CHINA LINE
KAFIRISTAN From Melbourne, Sydney, Torokina.
Discharging Kowloon Wharvca 3N Leads for Sydney, Melbourne early Juno, also Brisbane sufficient Inducemen
Also Agents for PRINCE LINE LTD.
5.S. HASTINGS PARK..from VANCOUVER Discharging at M.4
BUTTERFIELD & SWIRE
AGENTS:
CHINA NAVIGATION CO.,
LTD.
East!
SAILING TO SHANGHAI & NORTHERN PORT'S Pass Puss S.S. "HANYANG" Pasa
SAILING TO SAIGON
S.S., "PAKHOI" (No passengers)
SAILING TO SINGAPORE
We draw a merciful, voil over the play of the hand, for South wriggled and squirmed but still S.S. "FUKIEN" (No passengers) was set three tricks. He com plained about the fearful breaks,
4 p.m. 18th June
p.m. 12th Juns
4 p.m. 13th Jund
SAILING TO BANGKOK
BAILING TO CANTON
3 p.m. 17th Juno
9 a.m. 15th June
but North accurately pointed out STEAMER (No. passengers) that the North-South cards would
Subject to alteration without matice.
produce nine tricks only if the 5.8. "FATSHAN” breaks were very good. It was. It little unlucky, to be doubled and lose 800 points on the hand, but, South had been warned by the bidding. Instead of insulting his partner's intelligence by bidding three no-trump, te could have bid three diamonds and left to North decision which properly balang- ed only to him.
It should have been obvious that North didn't want to play on the Chiness alle--the lack of any at no-trump when ho bid three *table relationship between Chinese cur clubs; if he liked no-trump, he rency and sterling. The Chinese Govern could have bid two or three no- mont are as alive as we are to the im-trump right then and there, South portance of removing this obstacle and had already told his story by bid- we look forward to a very early solutionding his twyn suits, ao should have of this dimoults,"
Sir Stafford declared that all tracer_shown a preference for diamonds Inequality or exploitation had been anally and allowed North to decide where cleared away by the Extra-Territoriailty the hand ought to play.
Treaty of 1948, no would be demonstrat ed by the now commercial treaty about to be negotiated between the two coun-
Ezfes
As it happened, North would have passed three diamonds-and would have failed to make that contract. But three diamonds
For Freight and Saloon Passages all lines, please apply to:..
BUTTERFIELD & SWIRE -
Connaught Road, Central, Telephone 80381 (Private exchange).
Ship
PENINSULAR & ORIENTAL STEAM NAVIGATION COMPANY
The president the Anglo-Chinese would no have been doubled and ""TAIPO_SHAN" Chamber of Commerce 1 Lord Taviot, North
The Chamber's membership is at present
would probably have "OTRANTO" *
From
Due
Port Okha & Bombay
June 11th
U.K.
June 23rd
. U.K.
to bring in seven or "HICKORY MOUNT"
In the vicinity of 100 and includes many managed Tending industrial concerns, Offices are eight tricks at. at 14 Stanhope Gate, London, W.1 (Tel: Grosvenor (621) The Brillah- Bsport Gazette,
R.N. Radar For Merchant Shipping
diamond con-
Mid-July
tract. Even a rood partnership "OTRANTO" dus Colombo June 11th, Singapore June 17th. may have to lose a hundred or
two hundred points on an unlucky hand; but the big loss in today's
hand was caused by South's in- BRITISH INDIA STEAM NAVIGATION CO., LTD.
sistence on making all the doct- sions..
•
•
Ship
Yesterday you Were Oswald Jacoby's partner and, with neither "SAMDART" side vulnerable, vou held:
S K06 J
H 8
J 5 3 2
C 0754
The bidding: Jacoby Schenken You Maler
28
PA85 2NT Рада зн
Pass (7) ANSWER: Bld four spades. You have excellent support for spades and can help set up the hearts by ruming if necessary. A jump at this point will show that vou were almost strong enough for an immediate raise to hrva spades on the first round of bid- ding.
.. London, Juno 9. In few fields has the war forced much rapid growth as in the art of radio. Advances havo been most spectacular in radar, but have been almost equally notable 3n other branches. Even while the now devices were velled in wartime secrecy. Britain's Government realised their potential value to the efficiency of the Merchant Score 100 par cont for four, Fleet
spades, 30 per cent for three
Question
A Government Committee. Betapades. up. In 1844 considered all tho new radio aids to marine navl- Today you are. Howard Schen- gation. After consultation with ken's partner and, with both sidea representatives of shipowners, vulnerable, you hold: a.specification was prepared for a radar set which is un. im- provement on thosd developed in the war.
SAK 10 9 7 6 *. I A 9.4.
C
D K10 42.
1.
The bidding: The specification lins been re- Jacoby You Maior Schenken leased to the radio industry 10 (1) which is being helped in overy
What do you bid? (Answer possible way by the Government. Tomorrow), rescurch' stationa・ "responsible;} for the development of the now į...
Loading for
Madras
Ready
June 12th
EASTERN & AUSTRALIAN STEAMSHIP CO., LTD.
Passengers and freight to Australtà.
For full particulars apply to MACKINNON, MACKENZIE & CO.
Telephone Nos. 27721-4.
BLUE FUNNEL LINE
SAILING TO FORT SAID, LIVERPOOL VIA STRAITS.
(wrist., ~20th-Juno ADRASTUS
SAILING FOR LIVERPOOL VIA NEI, STRAITS,
FORT SAID & AMSTERDAM. LAOMEDON
25th June
VESSEL DUE. ADRASTUS from, New York via Shanglini 10th Jung LAOMEDON Króm UK, viaTM Straitä mid-June PRIAM
art Until this set is in producto radar, and includa radio Lion, the Admiralty: da hiring, to methods of fixing the position: British shipowners rots which of a ship at sea, some of which wore made for the Royal Navy are developments of thà÷pro- and approximate to the specified wear direction hiding apparatus, Bears performance, J
Ewa Long-range sidi frá likely to Experiments, ara i javprogram? be of mörðuh to aircraft, than,
from New York aud-0. San Francisco;
18th Ju
*For Paarage and Freight Farticulare, apply to ***
BUTTERFIELD & SWIRE, AGENTS
elephoner: 30888.
7