THE CHINA MAIL, TUESDAY, JANUARY 29, 1952.
ROYAL INTEROCEAN LINES CHANCELLOR TO REVEAL MESSAGERIES MARITIMES
SAILINGS
"VAN HEUTAZ" Feb. 2rd "TAIWANGI
"TITJALENGKA"
Feb. 2014
Feb.
Feb. oth
To
Singapore, Pranog & Belawan Dolɛ Singapore, Difaarte. Semarang,
Sárabála az Macaskar
Singapore, Mauritius, Dar-es-Salam. Zanzibar, 6. Africa & S. America Japan Ports
Singapore,
Ajakarta, Semarang,
Sidrabaja & Datastar
Djakarta, Bemarang, Surabgia
Macassar
Japan
*
Singapore, Penang & Bolawan Den
Singapore
Djakarta, Semarang.
Surabala & Mincassat
Djakarta,
Tirebo
Sogabala & Macassar Matikka, Ninga DOLO *
Smustabe.
S.
Atrich
Hingapore, Mauritius, S. Africa &
5. AmerlċA
Singapore, DJakarta,
Súrabgia & Macariar
Djakarta Titrebon,
Buradala A Macassar
Semarang.
Semarang,
Manila. Singapore. Mauritius, 5. 4 8.
Africa & R. America Singapore, Djakarta,
"TASMAN"
"TIILUWAH”
Feb. 16th
"TZQODAS"
reh. 13th
TRJISADANE" "TASMAN" "TJIWANGI
"TJIPONDOK"
"TJIANAS" PTJISADANE"
Feb. CCN Feb. 29th Mar
2nd
Mar 5th
Mar ZEN
Mar. 8th
"TJIŁUWAB"
"TKAMPEK"
Mar
Mat
"BOISSEVAIN"
16th
23rd
Mar Zard
"TJIWANGN
Apr 2nd
"VAN HEUTSZ"
"ISIGODAS"
“TJILUWAH"
"TJIWANGI
Арт 21h Apr 14th
Apr
16ch
Apr 28th May 2nd
"STRAAT
May 2nd
MAKASYAR
TJILUWAR"
May 16th
ARRIVALS
་----་
Jan 30th
Japan Japan
"TASMAN"
"TITJALENGKA" Cele 4th
**BOIBSEVAIN”
"TABMAN"
Frb.
814
"TJHLUWÀB"
Feb. 10th
"TJISADANE”
"VAN KEUTSZ"
Feb 12th
Fet X7th
CRISIS REMEDIES
Drastic Measures
Forecast
(FROM OUR OWN CORRESPONDENT}
London, Jan. 28.
The economic measures which Mr R. A. Butler, Chancellor of the Exchequer, is to announce on Tuesday will be anxiously awaited not only by the people of this country, who will, of course, be most immediately affected, but also by people throughout the Commonwealth.
The Commonwealth governments will shortly have to frame similar, Semarang. though perhaps less drastio, measures to puli the Sterling Area through
the present period of crisis.
Hurabata & Macassar Singapore, Penang & Belawan Doll
Jakarta,
Tirabon.
Semarang,
BATAS,
Surabais & Macassar
Djakarta, Singapore.
Burabata & Macasing Aingapore. Penang & Betawau Dell Singapore,
DJakarte. Bemarang, Súrabala & Macassar Manila. Singapore, Mauritius, E. & 8.
Africa B. America Singapore. Djakarta,
Surabata & Macasior
From
Bergarang.
Penang, Belawan Dell & Singapore Macassar
Surabala. Semarang,
Djakarta & Singapore
8. America, E&S. Africa Singapore &
Manila
Penang. Belawan Deli & Blugapore
General Agents,
HOLLAND EAST ASIA LINE
The Chancellor's
speech will
in fact set in motion an economic chain reaction which will be felt in every corner of the Common wealth.
The policy outlined in general terms in the communique issued after the Commonwealth Finance Ministers' conference has 130 main objectives. The first is to bring the Sterling Area into balance with the rest of the world at the latest by the secossi half of this rear-including a least a balance with the dollar
these ot
the
Aluminium For U.S. Car Industry
Washington, Jan. 28. Senator Blair Moody said to- 'night that Government officials are very confident that they will be able to spare enough extra aluminium to let the car industry turn put $80,000 cars during April, May and June.
Senator Moody tola newsmen be was informed that the re- phasing of the 143-wing air force programme will make available several million more pounds of aluminium for the second three months of this year.
He believes that two million sounds of this can be diverted to
to
fewer
Nelthei
measures, exporting industries—especially i however, is likely to help much those producing capital goods
for Immediate and also
restricting still the car industry-enough in achieving the objective, which is to bring the further the level of home invest-chable car makers to reach their Government-set ceiling of 930,000 Sterling Area into balance with ment.
But, while disinflation and an care during the period. the rest of the world by the second half of the year.
expansion of exports are both The Michigan Democrat said
meutis 1101 T'his country
already clearly necessary and desirable, | re-phasing has
air force but a taken certain steps to combat a good deal obviously depends planes for the internal inflation but it will be
on the third and final line of different schedule for their
deliveries. recommended by some time yet before their full action effect is felt throughout the Finance Ministers namely
Imports Here before disinflationary economy. It will be even longer reduction
again. however our feld
The UK. put into action is limited. framed and can be effect in other
of the Government recently decided t parts Secondly, the Commonwealth Commonwealth.
cut our overseas expenditure by twive agreed to governments
£350 million a year and a large work towards the final goal of recovery "by progressive
steps aimed at creating the conditions under which convertibility can be reached and maintained."
In considering how the first of objectives can be reached to realise the is important seriousness of the erisis which
Brea
Chose
it
SAILINGS TO EUROPE
"OVERIJBEL."
Feb.
323
"BOOGKERE"
Mar
7th
"ARENDSKEEK"
Apr.
12h
"KIBLDRECHT"
May
BAILINGS FROM EUROPE
Ball Kotterdam
Arrives
Hongkong
"HOOGKERK"
Halled Jag. 3rd
Feb
8th
"ARENDSKERK"
Jun. 30th
Mar.
Di u
"KIELDRECHT
Mat
5th
ADI.
10th
"AAGTEKENK"
Apr
2nd
May
"OVERUJĄEL"
May
2nd
June
7th
KING'S BUILDING. ́ TELEPHONES: 28015 TO 28017 CHINESE AGENTS, 82, CONNAUGHT ROAD, E. 171,5; 31996, 25 EAT
JARDINE MATHESON &
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CHIVAS.NE. CO. LTD.
SAILINGS TO
Osaka & Moj!
Keciung
- Fientsin
Singapore, Penang &
Calcutta
Japan Ports
ARRIVALS FROM
Kerlung Tient.m
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& Balgon .......
Cargo accepted en through Fills of 'Lading for KUCHING, SIAU PONTIANAK MADRAS vim Singapore and for KUDAT, JESSELTON, LABUAN
TAWAU LAHAD-BATU & SEM-
PORNA via Bandakan.
AUSTRALIA CHINA LINE
m.v. "KAFIRISTAN"
ARRIVALS
From Australia Porix
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SCHEDULED SAILINGS ΤΟ U.K. *
"BRECONSAME"
lat Feh
3rd Feb
measures
Even so it is logical to begin. by taking disinflationary action. and Mr Butler will deal fuily with this aspect of policy on Tuesday This part of his also give some speech should
the Govern indication of how ment proposes lo reduce expendi ture in the public sector of the
Jaces the Sterling Area The economy. Finance Ministers svated the situation
"The
Â
quile briefly. rasis," they said. "has arisen because the Sterling Area es whole is spending more than it is carning, with the result that its gold and dollar reserves have been falling at a rapid mate."
thits
BEGINS AT HOME
It is clear that in the face of situation something more than temporary expedients will be necessary. The remedy must begin at home, and the first step is to ensure that the internal economy is Bound and that all possible measures are taken to conbat intiation."
Next we must increase ex- ports and earning power" where possible with the help of long-term borrowing outside the Sterling Area,
***
EXPORT NEEDS
part of this sum was to be saved Western Europe. Any further by reducing imports fron
cuts that are to be made must herefore aim at saving curren- es other than those of Western Europe.
The Finance Ministers were careful to avoid giving the im- pression that the Sterling Area !countries were unable to salve the present crisis through their
Self-help
An increase in exports con
own internal efforts. and must be achieved but it was the keynote of their com- doubtful whether action can be
But there are munique taken quickly enough to have
factors Lain
bearing on any material effect on ouï
which probler over balance of payments
for the Sterling
Area countries second half of the year. A good have ro control. Mr Butler!
deal of the expansion in earning stressed this in a speech
come from sources power must outside Britain and this must await the outcome of the pre- sent investigation into possible | means of increasing Common wealth production.
So far as this country is con- cerned an increase in exports
can
week.
U.S. CAN HELP
cer- the the can
The extra aluminium not only will help car makers but also will make more of the scarce material available for
many small businesses threatened with shut-downs due to the present tight allotment.-United Press.
New Monetary
Policies
New York, Jan. 28. There is a growing ovement in Western Europe to return the Central Banks to a position of independent authority, according to Mr Jacobson, economic adviser to the Bank for International Settlements.
Addressing the National Indus- trial Conference Board, Mr Jacobson outlined the effects of the recent
stiffening of credit last regulations in Western Germany,
Holland, Belgium,
Denmark, Italy and Switzerland.
were
The re-establishment and the continuation of monetary balance in these
countries
the He pointed out that the fall
of the of 13 per cent in the total significant achievements
When a 5tates
last past year, United
he said. impoďte September and October, Com country manages to establish in- only be achieved at the pared with В year before, was |ternal equilibrium between ita expense of home consumption of minor significance to the U.S.
money volume and the volume Mr Butler is therefore expected economy but of vital importance almost
of its
gonds and services to give more details of the to the Sterling Area, whose ex-
automatically achieves Government's plans for making ports to the US. fell by the equilibrium in the balance of its Paw thaterials available to the same percentage over the period. Payments, he declared. The "That shows what a differ- experience of European countries shows that an increase of the small in
is an integral "When the change is large the part of a sound credit restriction effect can be catamrophic."
policy, he added.—United Press. These fluctuations in Ameri-
AMERICAN MAIL LINE, LTD.ditions can make," he said rate of interest
10 Feb
14th Feb.
17th Feb
31st Jan.
8th Feb.
14th Feb.
VESSELA
29111 Fib
CONTINENT
Arriving 2nd February, soils 4th February, for strafts, Colombo, Adon, Port Said, London, Antwerp, Rotterdam & Hamburg.
m.v. "GLENGARRY"
1.3.
Loads 17th February, sails 19th Februays, for straiks, Colombo, AdAD, Port Bald, Genoa, London, Rotterdam Bamburg!
Accepts Cargo for Antwerp with Transhipment.
(Carriers option to proceed via other ports to load/discharge cargo)
SCHEDULED ARRIVALS FROM LONDON
"GLENGARRY"
m.v. "GLENKÄRN"
M.Y. "RADNORSHIBE"
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Leaves London Due 5.5. Salled at Dee. 5th Feb.
Salled 10th Jan 16th Feb. 27th Feb. Sailed 10th Jen.
9th Feb. 11th Mar,
(All outward vessels accept cargo for Janaff)
1. "GLENBEC"
# "GLENIFFER"
INTERMEDIATE SERVICE
Sated from London
1st Dec.
Due Hongkong
3tat Jan.
Sailed from Ú‚K.
20th Jan.
Due Hongkong
MOT.
PRINCE LINE LTD
ROUND THE WORLD SERVICE
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Arrives, loads and salle 13th February, for Halifax, Montreal, Bos- ton, New York, Hampton Roads, Charleston win Manila, Djakarta. Stratte (Accepts cargo on Through Bills of Lading for Bermuda, West Indies,
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MANILA and JAPAN.
M.Y. "CINGALESE PRINCE”
s. "DRITISH. PRINCE
m.v.
EASTERN PRINCE*
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PACIFIC TRANSPORT LINES
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ACIFIC TRANSPORT” [FEIDA TRANSFUST””.
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Calis
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E
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ARRIVES FROM
ང
Feb 5
BAILS FOR
"REBEVERETT"
Singapore Feb. "BRADEVERETT“ Feb. a Manila Feb.
6 Japon
5 Singapore, Iening. Rangoon, Chataging & Calcutta
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OFF
MANILA SHANGHAI TOKYO YOKOHAMA—– KOBE OSAKA - SEOUL UBAN
niss
US Production Of Woollens
The
Washington, Jan. 28. Commerce Department that the pro- woollens end
of
can business activity are of im- rtance to the long- raense importança
or the Sterling of range plans Area. Therefore, besides being the most obvious not the only source of gutelde fapi- al for Commonwealth economis development, the United States reported today can
help by regulating duction
Area worsteds averaged 12,800,000 their purchases of Sterling commodities. Later their helppounds per week in November, will again be needed in treating four per cent above the October The conditions un which level of 12,300,000
under
pounds per week. Sterling can be made conver- tible.
Tatal production during the In the meantime the U.S. decision to resume substantial firat eleven months of 1951,
however, purchases of lin should have a
was 12 per cent "more Immediate effect on the below production during the level of the gold and dollar re- same period of 1950-United
Press.
serves.
BARBER-WILHELMSEN LINE
FORTNIGHTLY EXPRESS SERVICE
M/V "GLENVILLE"
LOADING 4th FEBRUARY
for
New York. Baltimore, Boston
and Philadelphia, via
San Francisco, Los Angeles,
and Panama.
Transhipment cargo accepted for South American and Caribbean and West Indies Porta,
DODWELL & CO., LTD.
Agents.
MOM
“ZEĻIRJA”
+"BASTIA" *"“MORTAIN"
*“ZELINJA”
Arriving Leaving
Feb. 15 Feb,
In Port
Jan. 29 BEAR. 6 MR. 1
Mar. 2 MIT.
passengers & freight.
"
Kobe, Yokohamą Homeward For
N, Africa, & Europs N. Africa & Europ N. Africa & Kurape
# freight for Saigon. Port Said, Tunis, Algiers; Oran, Tangler, Casablanca, Havre, Dunkirk, Antwerp & Rotterdam.
Bubject To Change Without Notice
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P.O. Box 58, Hongkong Queen's Building (gr. floor) Tel. 26651 (3 lines),
MAERSK LINE
FAST FORTNIGHTLY SERVICE TO:
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NEXT SAILINGS
M.S. "OLGA MAERSK" M.S. "JEPPESEN MAERSK” M.S. "HULDA MAERSK”
ARRIVALS FROM U.S.A.
M.S. "TREIN MAERSK"
M.S. "PETER MAERSK" M.S. "NICOLINE MAERSK"
Feb. 2 Feb. 14
Mar. 2
Feb. 15
Feb.
29
Mar. 17
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m.7. "TAMESIS”......
9th Feb.
BARBER WILHELMSEN LINE TO PACIFIC & ATLANTIC COAST PORTS via JAPAN
m.v. "GLENVILLE" m.v. "TRAFALGAR" m.v. "TUDO: mv. “TAMESIS"
..
Loading Hongkong ti 4th Feb,
18th Feb.
4th Mar.
10th Mer.
Accepting carro on through Bills of Lading for Transhipment to South American, Ésribbean and West Indian Porta.
AUSTRALIA WEST PACIFIC LINE
·FROM MELBOURNE, SYDNEY & BRISHANE
7th Feb.
mv. "ARQ:"
TO SYDNEY, ADELAIDE & MELBOURNE VIA RAFAUL
Loading Hongkong
DIY. "ABOS!
Tel: 28021/6,
SWEDISH EAST ASIA CO.LTD.
REIVALS FROM EUROPE
Gothenburg Rotterdam
22nd Dec. (Bailed)
Salled In Por
Bub Jan,
8th Feb (Balled) +11th Jan. 22nd Jan, 22nd Feb,
(Salled)
19th Dec. 28th Feb. And Feb-16 Tek, HAS MOF. BAILINGS TO KUROFE
mv. "KRONOLAND"
(UHALLAND
1.V. “HOLMIALAND"
IKW, RFÖNGMAT
BLV. "KRONGLAND" BLY,KHOLMIALAND":
LIHEN, GENGAN
ROTTERDAM,
GILMAN & CO.,
25th Job.
95th Mur
LLOYD TRIESTINO ITALY/FAR EAST SERVICE
mv. "8, CABOTON ....... Stad Jun 29th Ma
Loading für Bingapore, Colesake, Bambay, Aden, Bues, Tanice, Trieste, Kaplis & CABIN and THIRD Glass Pamentar Ascampi
STATES STEAMSHIP COMPANY
12. "WASHINGTON" Kands the Varioouver #ird. Feb.
An the above subject to alterutime witheas nation:
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