Z
THE HONGKONG DAILY PRESS, MONDAY, JANUARY 21ST, 1924.
VEREENIGDE NEDERLANDSCHE
SCHEEPVAARTMAATSCHAPPIJ
(United · Netherlands Navigation Company)
HOLLAND-OOST AZIE LIJN
(Holland, Fast Aria Line)
(Member of the Straite, China wad Japan Contereza, CEM),
Regular monthly Service between JAPAN PORTS. SHANGHAI, HONGKONG AND MANILA
AND
AMSTERDAM, ROTTERDAM, HAMBURG AND BREMEN Taking carge for Belgian. Netherlands, Garman and all North European ports en direst cr optional Bill of Lading, also to United Kingdom porta en opional Bilis of Lading only,
Arrivals from Europe
•
142
8.5 "OLDEKERK" 8.8. "BAPAROEA*
ני
In port. 21st Jad., 1924.
Sailings to Europe subject to alterations.
Steamert
For
Rotterdam, Amsterdam, Hamburg & Braman "OLDEKERK "... "SAPAROFA Botterdam, Amsterdam, Hamburg & EremAT
For full particulasv slosse sprly 1----
York Building.
Sailing on or about
5th Feb Mid. of Mar..
JAVA-CHINA-JAPAN LIJN.
Cinderal Agents.
K.
K.
Yamashita Steamship & Mining Co., Ltd.
Atownship Owners, Shipping & Marine Insurance Broker. Conimine Owners, General Coal Merchant
BETWEEN -
BEGULAR FREIGHT & PASSENGER SERVICE KERLUNG, HONGKONG, CENTON & HAIPHONG.
For CANTON
BAILING FROM HONGKONG
NANYO MARU No. 1"
For HAIPHONG vis Hoihow &
NANO MARU NO.1"
FA
For KEELUNG via gwatow &
LLTAIKWA MABU!
..on or about 22rd Jan. - Pakhol
ün or about 15th Jan. Amoy
on or about 14th Jan.
For Earther parbonlars, please apply tom Breach Chori
No. 17, Besham Strand, West) ;;
Tel Central No. 183.
SOUTH
BMITASAI Aamız,
Top Floor, Kingʻa Building. Tal, Central No. 146,
•
MANCHURIA
i
RAILWAY
OPERATING ALL LANKES IN SOUTH MANCHURIA AND CHOSEN (KORRA) EAST OF MUKDIN. «
SUMMER HOLIDAY
1x
EUROPES BUYING POWER.
EFFECT OF THE WAR
of
INDO-CHINA
STEAM NAVIGATION COMPANY, LIMITED.
SAILINGS SUBJECT TO ALTERATION.
BANGKOK vis SWATOW TSINGTAU via SWATOW,
& SHANGHAI
HAIPHONG
SANDAKAN
BAIFHONG HOIHOW MANILA
SHANGHAI v SWATOW STRAITS & CALCUTTA BANGKOK HOIHOW... YOKOHAMA via KORE STRAITS & CALCUTTA
14
H
KWAISANG “
"FAUANG" TAISANG"
* “ YUENSANG "
WASHING"
FOOKSANG"
"CHUNSANG "LAISANG
"KUTSANG
Trenday, 22nd Jan, Nocs.
...Wednesday, and Jan; 7am Wednesday, 23rd Jan., Noon. Wednesday, 23rd Jan. 1 pata
95th Jan., 10 a ...Friday.
Saturday, 26th Jan, 118 Sunday,
Tuesday..
29th
7 ka
Jasy 3 p
Thursday, 31st Jan, Neam
Wednesday, 13th Feb, Noon ...Friday,
16th Fab, 3 p
CALCUTTA LINE -This Lize affords esgotar aillage in Cientia, Pousor and
New England capital had a mighty in- fluence in developing our western coun- try. Today the West is producing shoes and the South cotton goods on their own M Julius Klein, Director of U.S. account, but other field aro
beckoning Bureau of Foreign and Domestic Com- to New England vapital and centerpriso merce, says we are living in one of the beyond the sea. The prosperity of New great transition eras of human history. England was laid in trade in the era New forces of thought and feeling have the clipper ships. Investment and for- swept over the world. It is difficult, in eiga trade permanence are complement- this period, of flux, to comprehend and ary. It is interesting to note that Boston appraise just what changes have been is the only city, in the Union outside of wrought in the all order, whether poli-New York that has a bank with a foreigh branch. Other important Boston banks tical, social, or economie,
It is easier, I think, to grasp the signi- do an inuuense foreign business through ficance of the political than of the ecer correspondents abroad and are render onic changes. The swift dissolution of ing an important service in building up the old Austro-Hungarian empire was a foreign trade. spectacular event that impressed the in European nations drawn into the war agination, but how many of us are able have emerged from it with impaired cur- to trace the complex changes in internarencies. Such people can no longer do tional commerce brought about by the forward buying on a large scale. They break-up of this oki Hapsburg monarchy lack mouey and, above all, lack confidence We know that since the war Austria has in the future Importers who were HAKKA been buying sugar and whest in oversensing heavy stocks just after the loss of markets 5.000 miles away, whereas she the war have liquidated on a falling formerly had only to reach out and utilize parket and have been whip-sawed by Bobenian sugar and Flungarian flour profeclining currencies at the same time. duced within the boundaries of the They have become intimidated and are pire. We know, too, that streams of no longer disposed to buy on a volume commerce which for 1,000 years flowed basis. They must do business in a hand-
to-mouth. manner for sume yours to come. west through Hungary from Transylvania have been diverted cast into Rumania
FINANCING ARRANGEMENTS. through the dismemberment of the old
We must be prepared to finance our kingdom of Hungary.
International spite fences have been goods closer up to the door of the con-
Business nust be over the TIHTEIN erected, with the creation ul new frontier. tiers, and the natural interchange of conater," in stall lots, for cash. It is a mistake to believe that the impoverished
MANILA
да
Singapozajmirzaing fron Catenaku steamara peçasad vim Stenite axe Hongkong so Japan, sentionally calling Shanghal
accommodation, All amore have, ozgallant paranger dited with Wireless and carry a fully quaiided Sargon. LIKmetimes saling a Bwatam, Through tiokste a
· approximabaty Svery thres days batwem Canton and be obtained and through "Bill of Lading ses incuoc te Northern and Yanganza Pacha vin Shanghalj
KINH -A woskiy sareien in malutsland with Maulis ny vertela jwIEN_CONN HAIPHONG LINK:-Ballaga
weakly for pasanagers and. Conaga when inducement ofse KAIMM -- Fortnighty | ROZRIO
Paling Ang from bathipurts every Friday.
salinga a
sad from Bandskin by ive. 5,00 "A" HINSANG" and 2.a, MI MAUBA Me" (both steamers for Kudat Jesselton. Lebeau, Tawne rash Bing imager socommodation. Cargo (taken al LINE-A regular mevice is run from Mazab to ferenter between
and Lahad Datu
Hongkong and Tianlain, calling at Welhaswel mad, Chains.
ris Swatow, by dve damers died with up-to-date pamuRES LOGOMIR.DRIDGE,
CALCUTTA
"FOOKSANA
LINE
" will be despatched en or about
goods has been artificially arrested. Gerroneans are asking for eredita, The BANGIOK LIFE: Wankly survion is provided batwwa Hangkong and Bangkak many through the shifts and expedients necessitated by the war has been British are certainly not asking for cre "thrown out of gear" in her interna dits, nor is the Germas importer. A 60- tional commercial relationship and will day or 90-day credit would reduce the nat speedily return to her former posi-business of a fiermau importer to a wild tions either as a customer or as a trade speculation against the fall of the mark competitor. One illustration will suffice Selling closer up to the European eus- where a hundred are afforded. Before tower that is financing the goods up to as his door-means, in the last analysis, the war German margarine was animat product drawing its base raw knowledge of the customer and the set- material from beef fats furnished by ting up of machinery abroad for mating.
credits American packers. When the nation was
Abandonment of foreign contracts at cut off from supplies by the war, oils from seeds were used as a substitute for the first shift of the local business baro- animal fats. The Germans have came meter to "fair and warmer the ill- to the point where they can transform advised and unethical action of a very soyabean nud coconut oil inta fatty solids tall, unscrupulous group of exporters that are readily accepted as animal fats, has served to blacken the record of all Thus the United States have lost this American traders in some important mar market for feel fats and we encounter kets and has resulted in more far-reach- formidable competition from these Ger- ing and diastrous consequences than the man vegetable lata when we try to sell offenders over imagined. Treating the our hard in Central Empire.
foreign customer on the same "plate as the dobastic buyer, showing him the same consideration, contributes to the strengthening of that most precious of all business assets, “good will."
OTHER EXAMPLES.
Th
AN AMERICAN "SECRET.
***CHOOSING THEIR OCCUPATION FOR
THEMSELVES
Interviewed in the Landwerk, un recent visit to America, Mr. W. B. Max- well, the novelist, -64331-
LE
had a general impression that the standard of life is higher in America than it is in Europe audits management wiser, and it struck me that a good deal of the happiness and cheerfulness that observed us common among profesional
to a constat recollection of the obvious fact that one has only one life to live, and
firm determination to make the best of it above all, in finding work which in its essential characteristics is congenial t one's own mind and temper. I think that if Americans love their occupation more than we do, it is because in the majority of caus they choose it for themselves in-
These changes are taking place in ternational trade and naturally affect the position of the New England exporter. New England produces at least 50 per cent. of our cotton piece goods and about 70 per cent. of our woollens. More than 40 per cent. of the lootwear made in the United States is produced in New Eng land. The section is feeling the pinch of contracted markete. but still is much bet ter than are some of its European com- petitors. To the cotton textile trade, for example, the British mills using Amer van raw cotton are running on half time or less and it is doubtful whether more than 25 per cent of the spinners are doing better than breaking even-tuan cially. The wills of Germany, Poland, and Italy are not doing much better. and business people, was directly traceable
Seventy per cnt of capacity would alwat represent what all Europe is duing in the cotton industry. The troubio is not so much high-priced raw cotton as the general feeling of uncertainty about the future. The period of extravagant living that sncceeded the war has given place to an era of self-acknowledged in SOUTH MANCHURIA AND CHOSE
poverishment and frugality Consump tion of many major commodities instead of having it thrust upon them by Europe is certain to be below normal for the pressure of their matal environment. HOSHIGAURA.-Fizest Sexride Summer Holiday Resort In North China Five mila
Very busy men in America appear to from Dairen, but connected with the city by special motor and carriage road and electric soine years it the situation will improve tramway. Yamato Hatel (35 rooma) sad 18 furnished bungalows in charming slit garde as political difficulties are resolved and possese much more leisure than men simi
England. They have it the currencies of Central Europe find larly placed in Fathing, Eosting. Fishing, Golf, Tennis, Billiards, Orchestra twice a week. Capital place
children.
solid foundation after sinking beeruse they insist on taking it. No
Some matter how busy they are they find OGONDAI-Most beautiful and select Seaside Resort in the Far East. Two milestron Port steadily deeper into the morass.
Arthur. Formerly the Summer Resort of the high Russian officers and officials. Yamato Hotel and 30 tiles and
quarters. Excellent book pictures. Historie Battlefields, Ruined and Dismantled Forts Miles fo from the fact that stocks of cotton manueing plays, and, most surprising
factured goods are low beyond precedent for quiet meditation in which they think their own thoughts. If they did not they Charming Wall
throughout the world and that one may, Walks and Driver. Abundant Picricing Facilities. Orchestra twloos week
Amica. Post place for high-clas
therefore, reasonably look for a rebound would feel, however great their material success, that they had failet in achieving PORT
ARTHUR-Fatone for its two memorable Sieges and its beautiful landlocks
in demand.
the ideal of a rational existence. And they Harbor
Exactly one hour's Dairen by express train. Yamato Hotel (16 rooms)
journey
A NEW SITUATION. Buficient place of bistorical and scenic Interest to fill a month with a fresh walk
New England, like over-industrialized make no secret of their desire for a cnd-
tinuous process of self-improvement.” every day. Most healthy and salubrious spot in the Far East. RONGOSAN, The famous Diamond, Mountain of Korea. A special Summer Resort okt England, to-day is greatly dependest The days when rivalling Switzerland for climate and scenery. Beautiful peaks and charming sacades. upon markets abroad. Grand recuperative
nalitica Kongosan Hotel (10 rooms) at Oxself and Chosoft Hotel New England supplied most of the shoes that were worn in the Western States and most of the cotton shirts worn in the Southern States have passed and will not retura But the fortunate thing is that New England, potentially, has the entire world as a market.
for
RESORTSĮ
Bathing, Wonderful Sceners
(11 room) Cho suri.
or
driv
All under the direct management of the SOUTH VÄNCHURIA HAILWAY CO. Blastrated. Bookleta and all Information port frem en reques), Applications may be sent to the Hotel Manager sa the various resort or to
THE SUPERINTENDENT OF HOTELS Trace Department rable: Add, Manjeten." SOUTH MASUTUBIA RAILWAY. Dairen,
a:&B, 5th Ed. Al & Blabera,
ASAHI BEER
SPECIALLY BREWED-FOB {EXPORT
DAI NIPPON BREWERY CO.
LİNITED.
TOKYO, JAPAN.
BOLE AGENES
MITSUI BUSSAN BANKSS
FONG KONG.
LTD.
Home
IN
So long as foreign trade meant nothing more than an expedicnt for disposing of surplus goods that the bone market could riot for mement absorb we could not make headway in our external i commercial relations. It were vain to expect an Italian woman to be interested in shoes made for American women's feet The Italian woman has ideas of her own as to footwear. It is a satisfaction to know that some of our New England shoe manufacturers now are specializing for particular markets abroad and that they are building up a good permanent business in these countries.
Aiming at quality rather than cheap ness in manufacturing for the export trade is a strong point for Americana In general, our manufacturing competi tora such & Germany can outdo us in. mere cheapness of production with certain notable
exceptions, such as in automo- biles turned cut under the economies of huge mana production. Our advantage lies in quality. Our typewriters, watches, office supplies, adding machines and safety razors sell, the world over, because in quality they are above competition.
BELLING BECES TO ITALY.
I have just referred to shoes demand ed by Italian taste. We have catered to this taste, wring out honest, service- able shoes; and it happens that the term Scarpa Americana (American aboa) means in Italy to-day a high quality, standard shoe, whether made in the United States or not. Surely that is: fins unconscious tribute to American shoe people who have done business in Italy. What in true of Italy is true of All the Mediterranean countries, They will buy our shoes at a premium-when we cater to their special needs and pat conscience into what we send them.
a
of
Tuesday, 29th Jan., at 3 p.m., for SINGAPORE, PENANG
& CALCUTTA.
Through Bils of Lading issued to RANGOON, MADRAS, PORI SWETTENHAM and DUTCH EAST Indies.
Tor Fright or rasmga apply tam
}}
.10
Jardine, Matheson & Co. Ltd.
Tasarkans Oxstrar: No, 315
GLEN
AND
GENERAL MANAGERS. ·
SHIRE
Jour" BizTia al 'Baranga
+
—STRAITS. CHINA & JAPAN SERVICE
OUTWARDE
"GLENSANDA”
Dis Hongkong || Yongal
-“30th ̈ Jan,
PEMBROKESHIRE im 14th Feb,
"RADNORSHIRE' "GLENLUCE! "GLAMORGANSHIRE
"GLENSHANE”
23th Feb. 10th Mar,
... 25th Mar,
6th Apr.
| HOMEWARDS.
Leaver Hong. Dimchaligos “GLENBEG
Int: Mar, Genoa, London, Rotterdam & Hamburg
Movements are rabiso to change without neties. For freight or further particaire please apply, toom i
Jardine, Matheson & Co, Ltd. The Glen Lane, Ltd,, sexsta
Telephone: Central No. 215 rab-ex. 11snd: Central 2156.
The HONGKONG & WHAMPOA DOCK Co., Ltd.
TELEGRAPHIC ADDRESS: "MANIFESTO." HONGKONG.
Copra Usco Al, A.B.C. Fifth Edition; Engineering: First and Second Edition
Western Union and Watkins.
Dock Owners, Ship Buildors, Marine and Land Engineers, Boiler Makers,
Iron and Brass Founders, Forge Masters, Electricians
Steel Twin-Screw Ocean-going Tug and Salvagel Steamer Henry Keswick
...
Baill, engined and equipped complete by The Hongking & Whampoa Dock Co., Ltd, Hongkong for their own service, 1921 Length 165 B.P. Breadth 34 (m) Depth 17 () LHP. 2000. Fitted with electrically drives rabmersible and centrifugal pumps, air compressor, wireless, searchlight and all modern appliances for Salvage Work.
"Please address enquiries to the Chief Manager 1
R. M. DYER, B.Sc., M.1,N.A. KowLoox Door, HexaKONG,