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MARTELL'S

ONĘ STAR

V. 0.

TWO

STAR

V. S. O.

THREE STAR

V. S. O. P.

THE HONGKONG DAILY PRESS, SATURDAY, SEPTEMBER 1st, 1923.

BRANDIES.

FRENCH MERCANTILE

MARINE.

DEBATE IN THE SENATE, "

ngainst the operation. And the Senator concluded his strong attack by stating that the Sorite Contractuelle des Messageries Maritimes should not be con- sidered as the salvago society of com arrangements!"

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An interesting debate took place 're cently in the French Senate in connection with the estimate of the Department of Merenetile Marine.

M. Louis Serre, who acted, as reporter in the matter of the estimates if the Department of Mercantile Marine, first made sour suggestions in respect of the general policy to be followed by the MARTELL & CO. mier Secretary of State for the 3erean

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GOVERNMENT'S VIEWS.

M. Rio, Under-Secretary of State for the Mercantile Marine, replied to the cri- ticism expresseil by M. Bergeen in a very comprehuusive and persuasive speech: he' first alluded to the price of 15 million frames which had been put forward by the senator as representing the present market value of each of the three vessels ander review. He wondered how 3. Ber gron, had been able to fix that price, an tile Maine, who attended the sitting. He nihuled to the word of another sena- he pointed out that the price of a ship was not a well defined thing, as it de tor. in. Berenger: "The budget of the

considerations. Department of Mercantile Marine has bespended upon several come. a liget of subventions," and he pointed out that it was true that import ant and numerous subventions were pro vided for in the estimate of this depart ment. Taking as an example the subven- tions granted each year to the big steam- ship companies, 31. de Selves set forth that as a consequence of this financial assistance this Government were entitled to control the management of these firms, and he requested the Under-Seere tary of State, to make that control mire efficient.

GOV KINMENT SRN-OWNING,

While it may be matted that the price of a ship of her market price, N. Rio. pointed out that the definiion involved the condition, that similar vessels might be found on the mrket. Otherwise the price of the vessel seems to be repro- sented by the cost of construction, t in that case thint price can hardly be determined at present owing to the con- observed aiderable changes which are daily in the values of materials, the wages scales and other factors to be taken into

account.

After submitting these considerations to the meditations of the Senate, 31, Rio explained the conditious under which the Purchase of three vessels from the Char- gens Réunis rame to be contemplated by the Messageries, Maritimes.

Af Bergeon further alluded to the opinion of Mr. Berenger and warned both the Government and Parliament against the growing tendency which aims at attri- buting to the State the function of ad-

THE INDO-CHINY LINE, ministrator of private steamship com- pares. M. Bergeon then alluded to the ¦ The Minister reminded his bearers that present organization of the Services in orelor to comply with the provisions of Contractuels des Messageries Maritimes the agreement entered into between the which was established by the agreement | Government and the Messageries Mari- of Dercinler 20th. 1920, and with rätised times, the later had to establish regular the law of July 29th, 1941. Accord services between France and Tudo China. ing to that agreement the Lovernment To that effect old vessels suels as the reserved for itself half the number of the Armond Hobie and the Chihte were placed functions of administrators and the cu pany is now managed by this mixed

hoard.

that line and three ex-Russian vessels were chartered (fuffon, ferusalem and Oden). But these vessels were found

for that service, and the com n

The chief criticism expressed by M. Bergeon was that relative to the attempt pany bad to decide that calls should be which has been made towards the re-made at Haiphong by their now big ves- establishment of "etatism," a régi sels of the China and Japan lines. The according to which the management of private industries is exercised by the has State: although the real "etalisin not been organized in respect of the management of the Services Contractuels des Messageries Maritimes, M. Bergeon stated that a somewhat similar régöze has been established which might he called a semi-etatism" going farther into the question the senator pointed out the inconvenience of that organization; in cise the representatives of the Govern ment should constitute the majority on the board of the company, this Intter would become a State organicktion, thus involving all the disadvantages which have been shown in the course of the war following the experiments made in the direction among which the State ficct was not the less important.

delay involved by these walls cated a considerable prejudice to the company. which had to face a severe rougetition from certain foreign companies such as the Peninsular & Oriental had the Nip pon Yusen Kaisha. And it was then de- vided to purchase new vessels. The solu tien consisting in ordering new, vessels was rejected as requiring a delay of about three years, and as the Chargeurs Réunis were willing to dispose of three vessels, the negotiation was at once started. The cost price of the three vessels as appears from the accounts dhiounts to 20 million francs. 31. io said that that price was found too high by the Messageries Mari times, who after making a comparison between the type of these vessels, at the Beronte de Lisle, proposed that the prior of ench vessel he fixed at 19 million Supposing, on the contrary, that the francs. The Chargeirs Réunis mainting representatives.of the Government shoulded the price of 21 million, and after n be a minority on the board of the com- strong request made by the Minister of pany, the Government would be com.the Colonies, who emphasized the urgent pelled to give its assistance, both moral need of vessels on the Indo-China line, and pecuniary, to a company which it can was finally decided that the price asked hardly control. M. Bergeon strongly cen-

by the Chargeurs Réunis should he sured the present organization of the accepted. Services Contractuels des Messageries Maritimes, and he proposed that the cre- elit of 40 million franes asked for by the Department of Mercantile Marine for the management of the mail services of the company on the Far East, Australia, New Caledonia, Eastern" Coast of Africa, and the Eastern Mediterranean lines should be reduced to 29 million franes.

The Senate adopted that course,

THREE VESSELS PURCHASE.

The Senate approved of the clear state. ment of M. io.

Boy! A Good Smoke, my Slippers and Armchair."!

THE

M. Bergeon then passed to another HONGKONG CIGAR STORE, LTD.

important question which has been the object of numerous discussions and com- ments in both parliamentary and shipping circles in the couse of the last few weeks: the kale of three vessels of the Chargeurs Réunis "to the Messagerica Maritunes. These vessels are the Jamai que, the Kergeles and the Islande, all under completion at the yards of the Chantiers de la Loire, These vessels have a gross tonnage of 10,400 tons. The propelling machinery which consists of two reciprocating engines, develop 8,000 7. They were designed to be run For the transport of frozen meat" on the Hamburg. Havre. Brazil and River Plate line of the Chargeurs Réunis. Passenger accommodation-was provided for 138 first- class, 80 second-class passengers and 1,000 emigrants.

3 Bergeon strongly censured the Under-Secretary of State for Mercantile Marine for having agreed to that sale,

اماد

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GOOD SMOKE. ■

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which he considere as entirely unfavour. 67, QUEEN'S ROAD CENTRAL

able to the Messageries Maritimes. He

said that while the sale pries had been

fixed at 21 million franes for each ship.

d, 63 million for the three upits, he was

Hongkong..

in a position to give evidence after con SEAMEN'S sulting technical experts that the present value of these three vessels does not ex- ceed 45 million francs. M. Bergeon added that several millions of franes would have to be spent by the Messa geries Maritimes in order to adopt these

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Vessels to their new service on the Far East lines; as above stated they were formerly intended to be ran an the South America lines, or the transport of frozen Offer Room. C.P.0% Room. Restaurnal meat and emigrants. For this reason" they, cannot be compared, na suggested by the. Under-Secretary of State, to the uw passenger vessel Leconte de Line, of the Messageries Maritimes, which is to be run on the Indian Ocean Jine. While the vessels Jamaique," Kergelen and Inlinde have recommalation for about 1,000 emigrants, the Leconte de Lisle has accommodation for only 175 emigrants. On the other hand, while the capacity.r of the holds provided for the transport of frozen meat on board the three above- named vessels amounts to 9,500 cubic- meters, the capacity of similar spaces on the Leconte de Live, amounts only to 500 cubic-meters. For this reason M, Ber- geon pointed out that in addition to the high price paid for these vessels, the consideration of their fitness for their new service constituted another argument

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