THE HONGKONG DAILY PRESS, WEDNESDAY, JANUARY 16TH, 1924.
VEREENIGDE NEDERLANDSCHE
SCHEEPVAARTMAATSCHAPPIJ
(United Netherlands Navigation Company)
THE P. AND O. COMPANY.
LORD INCHCAPE'S REVIEW OF PAST YEAR.
HOLLAND-OOST AZIE LIJNth few evigation Company, did that. checked private enterprise, or binderis
(Holland East Asia Line)
(Members of the Straita, China and Japan Conterende),
Regular monthly Sernes between
JAPAN FORTS. SHANGHAI, HONGKONG AND MANILA
AND
AMSTERDAM ROTTERDAM, HAMBURG AND BREMEN
Taking cargo for Belgian, Netherlands, German and all North European parts. en direct or optional Bill of Lading, also to United Kingdom ports on optional "Bill ef Lading only.
Arrivals from Europe.
8.8. "OLDEKERK" S.S. BAPAROEA"
*14.
444
Sailings to Europe subject to alterations.
Steamers
For
"OLDEKERK”.. Rotterdam, Amsdariam, Hamburg & Bremers "SAPAKOEA" Rotterdam, Amsterdam, Hamburg & Bremen
Ja port. 12ni Jan., 1914.
Sailing on or
about
6th Feb., 1996. Mid of Feb.,
JAVA-CHINA-JAPAN LIJN,
For full paraloniary olsase apply 10-
York Building.
T
General Agent
KONINKLYKE PAKETVÄÄRT
MAATSCHAPPY.
(ROYAL PACkit NavigatION CO. OF Batavia).
180 STWAMSHIP
VAN OVERSTRATEN
will be despatched ta
SINGAPORE, PENANG via BELAwan-deli dirECT,
18th January, 1924.
1st Class Fare to Singapore-$100.
This vessel offers excellent saloon accommodation.
All lower berths. English cuisine.
Doctor carried.' Wireless telegraph.
In connection with the Royal Packet Nav. Co.'s (K.P.M.) services to all destinations in the Netherlands East Indies,
Fa: Freight ani pusage, apply term
JAVA-CHINA-JAPAN-LYN,
Telephone Central No. 1674.
K
Agents.
K.
Yamashita Steamship & Mining Co., Ltd.
Steamship Owners, Shipping & Marine Insurance Broker. Coalmine Owners, General Coal Merchant
REGULAR, FREIGHT & PASSENGER SERVICE,
-BETWEEN
KEELUNG HONGKONG, CANTON & HAIPHONG
For CANTON
BAILING FROM HONGKONG
M
For HAIPHONG via Holhow & Pakhoi
For KEELUNG via Swatow &' Amoy
For further partiőalars, please Breach Office No 7, Bonham Strand, Wat
fel Central No. 115.
apply tóms
8. MITARAI · ACEIT. Top Floor, King's Building, Tel, Central No, 140,
ASAHI BEER
SPECIALLY BREWED FOR(KIPOET
DAI NIPPON BREWERY CO.
LIMITED
TOKYO, JAPAN.
MITSUI
SOLE AGEN ES
BUSSAN KAISHA. - LTD.
· BONGKONG.
serged. He did not agree with their pro- grünure, and he knew their programimie would not agte with him, but nu elion of the eviminuity, hard more interest in the veifare and stability of the country' Lord Inchcape, presiding at the multitutions than the great body of weekly Any blow to trade aus thing meeting of the Peninsular and Oriental earners,
that peaked our credit, that with exceptions, the P. and Q. voy the alreature of capital would react upon the workers and quad their livelihood, ages in the past year had shown a loss. The dividend was derived more from inile thought they cut trust the Labour vestments
thap from a surplus on the leaders to recognise this, and keep their working. They had added to the Insur- wild men fros playing a wraking pe ance. Fund £103,000. The total was now The speaker had great faith in the solar-| £3,200,000. Their risks were well prend, ing effect of ponsbility. He had ex- but with so many ships they were never perivul it himself. altogether free from anxiety, despite the skill and prudence of their captains, affie agreed that the agricultural inter- cers and engineers.
Fea
INDO-CHINA
STEAM NAVIGATION COMPANY, LIMITED.
BAILINGS BUBJECTSTO. ALTERATION.
HAIFHONG HOIHOW
STRAITS & CALCUTTA MANILA
SHANGHAI
KOBE VIL SHANGHAI,
DALNY & YOKOHAMA "KUTSANG SHANGHAI SWATOW......
LEESANG"
Friday, *NAMSANG ...Friday "SUISANG
Saturday, HTINGSANG"
Buadry.
...Sonday.
18th Jan. 10 000
18th Jan, patte
19th Jan, 11 m
40th Jan., 7.21.
20th Jan 7 ani
&NINGPO
40%
BANGKOK TA SWATOW
"ESANG" "KWAISANG".
Sunday, Tuesday,
20th Jan, 2. 12nd Jan., No.
A
ISINGTAU via SWATOW
SHANGHAI SANDAKAN
"FAUANG
14
*HINHANG ·
* WAISHING"
FOOKHANG“ "CHUNSANG*
...Wednesday, 23rd Jan, 7am ...Wednesday, 23rd Jan. 1 pr.
97th Jan 7 Sunday,
Tuesday 29th Jan 3 ANK Wednesday, 10th Jan., Norm.
BANGKOK BOIHOW.. CALUUTTA. LINE - "Tha "Line" "Morda raguiar andinge is Calonika, Penang and
SHANGHAI via SWATOW Ning, the uninity lost much by non-co operation. He hail seen the volny of STRAITS & CALUUTTA **FREE TRADE" IN A TYPHÚON,
operation between the Peninsular qan He had been in considerable anxiety Oriental and its associated companies in lately regarding their most valuable ship comparing in the purchase of ali canght without warning in
their requirments a typhoon.
and in beping ene Fortunately
This spirit of show was in charge of the mother with tonnage. retoran skipper, Captain Asquith, al operation was not confine to admin- Chief Officer Lloyd George. That ship istration. It extended to the whole of | SKANUBAI "LIER -galltägu approximainly very the days getween Carton and was well-found, files all P. and O. ships, their staff afont and ashore, and End come through undamaged. Har name was Free Trade
AGENTS AND STAFFS THANKED.
The increased size of their new vessoda Lord Inchape, felt sure that the stock. | MANÍLA had enabled them to place practiently the holders would wish to be associated in the whole of the adummodation of the upper expression of grateful thanks of the HAIPHONG spar and promenade decks at the li- Directors to their Agents and staff ashore" posal of passengers, Passengers welcom and to their captains and offieves of all | BORNEO-
the greaser amber of single and two | departments affoșt He was constantly berth cabins, many with private bathmeting their me, and it was a source of rooms, for which there was an iterensing grent pleasure to him to work with them. demand: The reduction of wages from Loyalty, ability, devotion and integrity the high Goverument levels of war time had been accepted in the beat spirit, their staff realising the need of bringing the expenses to à level with,earning.
Slagapore (raturaing from Calontus steamarr produsd via tralas 2nd Hongkong to Japan;szonatonally calling at Bhanghai All camera have varoillant passenger Baoumenodation, Attad with Winslose and carry a fully-quslied Burgeon,
Shanghal, sometimes illius at 38walow Through tinkusten ha obtained and through "BU of Lading met. Sarned hi Yerahers and Fangiese Peris via Shanghai
LIKE-A weakly servise is maintałami with Manlis by vessels with goes Inger comida, salgs from both pell every Briday.
Approxímxiolywankly for pausagers and caryo Haho ·when inducemenİ LINK-Fortnightly sailings to
#emar HLBANO from Gandaran by swa, 5,000 mars and xa, **MAUBAN (7" (bosh steamLDRE having excellent patenger accommodation. Cargo Itaken af throw-h Bus of Lading for Kudat Juszalsan. Tabuais, (TzYze
Dain
tharacterised the service, which it was the TIENTELE - LINE-A regular section de run_from_Marsh to November between good fortune of the Peninsular and Oriental Director to enjoy."
He had been accused by a correspon The national strike of dock labourers in dent in The Times of being a Protection- July last had brought work to a stand it because of his Companies participa still in Londen för seven" works, The tin in Conferenc's agreements, Ship strike was a breach of the National Agrees owners, shippers, merchants, and con- ment, endorsed by the mon, He wished signos recognised that the effect of agree- that the men could realise that such stop: Į ments was to free rates from violent flue, pages retarded the revival of trade, and tuations upwards or downwards, with increa unemployant, He was sativa minimum of disturbance and uncertain. fied that every employer of labour in the ty in marketing merchandise.
All co- country desired to improve the condition cerned were of opinion that agreements of the workers, but unless people were produced stability of rate, regulation of prepared to work harder and thus help tonnage nd wailing, and punctuality the revival of foreign trade, unemploy delivery. In an irregular market, cargoes ment would tend to increase. To such a would be delayed by the waiting of half-
in company as the Peninsular and Oriental. Bled ships, parcels coming
wo great working under a Government contract, abundance or not at all, and there would the withdrawal of quayside labour was a be an alternate glut and starvation of greater loss than to owners free, to leave applies their hips ide. Mai steamer mast suit to time, strike orano strike and he was gind to say they had at considerable sacrifice maintained their mail sailings without a break.
REMEDY FOR UNEMPLOYMENT, "
Doubtless, me pople outside that room would like more information of the company's affairs than given by the re-i port, accounts, and speech. To say mor might lead to a depletion of their re sources, and a departure from the conser
Slicy which had guided the com- In the speaker's judgment the remedy rative for unend ployment lay in the hands of the pany throughout its existence. The pre- Trade Unions If the Unious would opts of Balzac still held the field in relax their rules, and for a year or two busines. He would quote five of then :-- Don't beat the bash for others. give minie coaditions free play, dini nished production of costs would find Trust no one farther than you can reset, markets for an increased output of him. Never say what you do, but always manufactured goods It was folly to do what you say. Kay your hands to
cominal wages.
Util hd
"host 17
raumelf and the same with your purse, korp
up
Si
jewels for more than they cost and restrict production, when w
„Four idle people were esting. £50 million a you year the whole in effect a lax the The first four they emild carry out but workers
To get rid of unployment at the present time, there was difficulty would be to exchange £an milicas of the about the fifth. In fact, they might still money which was unproductive for £50 be said to a great extent to be living on millions of productive money, with a re their losses,
There
was no greater fal action upon the welfare of tar popula Iacy than that ship
shine ha maele tion, which it would be difficult to money out of the war. Those who sold retired did well.
The steamers of the P. and 0, and its the Peninsular tire Drobbly con many associates during the year had covered had to consider their great organisation over 10 million miles They had made and their staff, and carry on until things 29.000 entries into ports, and carried improved, but they were not downhearted. magnificent feet, and werN ucarly 14 million tons of cargo and 215.551 They had
adding to it, and no"endeavour would be animal
wanting to retain the public good-will. a
WIN
They-had had 1,800,000 passengers, and on board their ships the average daily Pumber of mea, employed was 40,000... The average of their tonnage about seven years. It stood in their books at £23 per ton and at £11 if rewrve wate deducted, and at even a lower figure f "they took into account the market appre ciation of their investments. It could not be replaced to-day for less than £36 to a ton. They were fortunate to have
E
made the recent issue of debenture stock just before then Minister of the Grown had recommended inflation by réort, to the printing pres
THE COUNTRY'S SHEET ANCHOR
He had on various occasions expressed his jews on Free Trade, and would put his riews quee more very briefly. Many distinguished men honestly regarded Pro tection as the remedy for unemployment, but he believed that the free interchange of commodities with the whole world was im the sheet author of the
country. He agined that any political leader, who again raised the issue of Protection in Great Britain, would be firmly locked up by his followers. We should continue our policy of reducing expenditure and pay. ing off our debt with a speely return to the Gold Standard
It was of great value to the Empire that the Imperial Conference should be held every few years, although it had a somewhat disturbing influenc on domestic affairs. The Dominions, which were Protectionist countries, had for may years advocated Imperial Preference The Prime Minister's recent appeal for amandate had already been turned down 17 years ago. He would not rule out Free Trade within the Empire but as the Jominions Jepended on tarifs for a large part of their revenue, that for many years, would not be practical proposi tion. He believed that each of the coun tries under the Crown should be free to choon its own way, without any attempt by either side to influence, the other's fiscal policy.%
com They were still faced with great petition from the United States and Australia, To supplement deficits on voyages and provide for depreciation from the tax-payer's pocket was not business, and he thought that the tax payer would get tired of it.ENA
THE LABOUR TARTI, '
The leader of the Labour Party pro posed when he got into power to nations. lise many of our private enterprises. The speaker did not share the apprehensions with which many people regarded the possible advent of the Labour Party power. If they ever formed die country's Government they would have renched that position by strictly constitutionat means and would be entitled to the fairplay which British Ministers expected and de
VETARZO
POG
31000 MEDBORNE
wasty is ending Jabamiais na Vefarro” Bemádios On,
A W W., Kayaồng
CALLY A CENTURY EXPIRÁCIÍONG..
DR. LECLERC'S YOU THE
- UNPALHANCE YOM ZINKAGES, of: those ræWOMPART GRAINS, DIAVEL BACKADRY, Dewe, Hawam LISTING Bagaža, ledine Casesye se Post Free, Dalz
·CLELO KAL CO, HATOTLOCK BL51. W 6, Gove
BANGKOK
Hongkong and Tiansain, calling at Wohnwet and Chakos. LINE-A woskly service is provided betwees Hongkong and Bangibak via Awalow, by five‹ilsamere Aliad with sp-in-dams passenger
8,000MILOMETRENU
CALCUTTA LINE
►
** NAMSANG" will be despatched on or about Friday, 18th Jan., at 3 p.m., før SINGAPORE, PENANG & CALCUTTA.
Through Bills of Lading issued to RANGOON, MADRAS, FORT SWETTENHAM and DUTCH EAST » INDIES,
For Freight or Massage apply tom
Jardine, Matheson & Co. Ltd.'
TælarRoma' Dentral No, 116
GLEN
Vocas).
AND
GITERAL MANAGERS
SHIRE
Jon EXITXI OF EZHAMIRA.
U.K.-STRAITS, CHINA & JAPAN SERVICE
OUTWARDE.
Das Hongkong
... 16th Jan., 2 p.m.
28th Jan
... 14th Feb.
10th Mar,
"GLENBEG"
GLENSANDA” *PEMBROKESHIRE "RADNORSHIRE”. “GLENLUCE”
***
25th Feb.
HOMEWARDE
Yemal Leave Bykong, · Discharges
20th Jan,
" GLENTAKA” London Botterdam & Hamburg, "GLENBEG"
1st Mar,
Genoa, Londen, Botterdam & Hamberg,
Movements are subjeg to shangs without notice. For freight or further particular" visanu apply tome"
Jardine, Matheson & Co, Ltd., The Glen Line, Ltd, AGENTS,
Telovaone: Central No, 211 sub-es. Bland Central 3899,
The HONGKONG & WHAMPOA DOCK Co., Ltd.
TELEGRAPHIC ADDRESS: MANIFESTO," HONGKONG.
CODES USID AL, A.B.C. Fifth Edition; Engineering: First and Second Edition
Western Union and Watkin și
Dock Owners, Ship Builders, Marine and Land Engineers, Boiler Makers,
Iron and Brais Founders, Forge Masters, Electricians.
Steal: Twin-Screw Crean-going Tag and Salvage Steamer
"Henry Keswick
Beilt, engined and equipped complete by The Hongking & Wampos Dock Co., Ltd, Hongkong, for their own. service, 1921. Length 165 B.P. Ereadth 84 (m) Depth 17(a) LEP. 2000. Fitted with simetrieally dzivom submersible sad centrifugal pumpe, air sompressor, wirelena, searchlight and all modern sppäsneed for Halvage Work
Please address enquiries to the Chief Manager:
R. M. DYER. B.Sc., M.IN.A. Kowloon Door, Hchokose,