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MASON'S
DELICIOUS
O.K.
SAUCE.
Library, Supreme Court
Hongkong Daily Press.
No. 22,365號伍拾陸百叁仟式萬或幣 日捌计月年午庚
ECONOMY
AND
COMFORT...
For a "nightcap "in comfort-keep & TUNDICE
tank handy.
No Boys
No Bother
No Burrowing in the Back quarters.
HONG
ESTABLISHED -1857.
KONG, THURSDAY, MARCH 27, 1930.
Registered na Newspaper at the General Post Office in the United Kingdom
· 拜禮 日棨廿月叁百九任智英
THE BRITISH SHIPPING INDUSTRY
ITS PRESENT TROUBLES.
EFFECT OF TARIFFS UPON THE MOVEMENT OF TRADE.
than we are from countries within the Empire.
Two important bodies represent ing the shipping industry of Great
As a particular example of how Britain, namely, the Chamber of tariff barriers interfere with the Shipping of the United Kingdom movement of trade, it is interesting and the Liverpool Steamshipto quote the action taken Inst Owners Association, have published spring by the Dutch Tes Importers Association. The body was very their annual reports, both of which much distressed when the tea duty are well worth reading. English in England was abolished, and at men ought never to forget that once presented a report to the shipping is one of our most import Dutch Government, saying that the ant staple industries, writes Mr. effect of abolishing, the tea duty Harold Cox in the Sunday Times.
in England would be to make it Historically, indeed, it is the most easier and cheaper to handle ten in important. It was on navigation London than in Amsterdam, with nd commerce, rather than on the result that London would gain. maoufacturing, that England's pres- an advantage over Amsterdam in perity was built up, and her Empire the re-export trade. The Associa founded. We had been traders tion, therefore, asked, that the throughout the world long before Dutch duty on tes should also be we began to develop on any exten abolished. sive scale the manufacturing indus trics on which so large a propor- tion of our people now depend for
their existence.
But those industries themselves
CALDBECK, MACGREGOR & Co., Ltd. goods produced in our factories we
(Incorporated under the Companies Ordinances of Hong Kong.) PRINCE'S BUILDING.
JOE HOUSE STREET.
HONG KONG, CANTON AND MACAO STEAMERS.
“JOINT SERVICE OF THE HONG Kong, Canton AND MACAO. STEAMBOAT CO., LTD,, AND THE ÜHINA NAVIGATION CO.,LTD.
HONG KONG CANTON LINE. Sailings from Hong Kong: Daily, af8A.M. & 10.00P.M. Sailings from Canton: Daily, at 8 AM & 430 P.M..
"⠀
Sundays 170.00 r..only) j (Sundays 14.80 p.m. only)
HONG KONG-MACAO LINE. BAILINGS From HONG KONG-Daily at 8 a.m. & 4 p.m. (Sandays excepted) SAILINGS From MAOAO- "Daily at 8 am. & 2 p.m. (Jandays excepted). EXCURSION TO MACAO:-
On SUNDAY, 30TH MARCH 8.8. SUI TAI”.
Will depart from the Company's Wing Lok Street Wharf at 9 AM, and From MACAO at "4.00 P.M.
NOTE -All Steamboat Company's Steamers are atted with Wireless,
LOCAL MAPS
Peak District,
Kowloon,
Victoria
New Territorie
HONGKONG DAILY PRESS.
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ME
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(8. C. M. P. Brildiga) TELEPHONE : 0.4173.
Where to have Tiffin To-day.
LANE CRAWFORD'S
·RESTAURANT.
MENU.
From the Joint Waggon Bonat Leg of Veal and Ham
Br
and Vegetables...95 cta.
To-day's Tiffin--$1.35.
1-Vegetablé Clear Soup.
2.-Boiled Garoupa, Parsley
Egg Sauce
-Tak Sze Chow Min
4-Fried Chicken and
Saratoga Chips
-Roast Saddle of Tamb,
Mint Sauce
Curried Shrimps
--Roast Potatoes
8.Boiled Potatoes
9-Green Peak:
To demonstrate the importance of the shipping industry to Great Britain striking figures are given in the report of the Chamber of Britain's share of the tonnage of Shipping. They show that Great the whole world is as high as one third, and that the gross carnings of our shipping are round about
policy in his speech at the annual dinner of the Chamber of Shipping. loat Thursday. As reported in the Daily Telegraph, he said There is nothing I deplore more than the modern tendency, not only on the part of the worker but on the part lof all classes, to look to the Gov. ernment for help. In other words. we are becoming too spoca-fed." That is an accurate deinition of the present situation. "In earlier decades, the wage-carter, if be could not find employment at home, started off at his own risk to look for work in the overseas Dominions. To-day he sits at home and-draws the dole. In the same way we find many of our industries which are engaged in making goods for the home marker now clamouring for protection against those imported goods which compete, with their trade.
Favours for the Few. Doubtless. in particular 'Căsea are in turn closely linked with ship:
favours of this kind to some parti- arguments can be found for giving ping. For unless we can succed in
cula: industries, but it has to be finding foreign markets for the
realised that such special favoura can only be given at the expense shall not be able to maintain our home £120,000,000 £ year. This money is of other industries. industries This point is strongly spent on providing healthy and for example, safeguard the makers We cannot; cimphasised in a sentence quoted by stimulating employment for thou of iron and steel without hurting the Chamber of Shipping from the sands of British seamen and also the shipbuilders and makers of final report of the Committee on for providing a Mege part of railway locomotives. Mere general. Industry and Trade issued last March: The whole of our indus the employment of those persons ly, as these shipping reports bring trics, whether making for the home are engaged in equipping that out, favours given to industries industry, notably the shipbuilder working for the home market tend to check the movement of trade; thus injuring not only our shipping industry, but also our exporting industries that have to fight for their overseas markets by the use of their own energy and enterprise.
or the "overseas market, are alike dependent on the maintenance of our export trade, inasmuch as it is only by successful exportation that necessary supplies of food and materials can be obtained. That is the basic fact of British industry, and it is the realisation of that fact, as well as the realisation of the special interest of the shipping industry in the free movement of commerce, that makes the lenders of this, great national · industry so strongly opposed to tariff barriers. Tariffs. Trade.
4
From the national point of view, industries which are fighting to win their own way in the world are of more value to us than industrios which are sitting down at home he hind a comfortable tariff barrier.
Too Much Tonnage. Unfortunately, however, shipping. like many other industries in our on country and in other countries well, is not at the present time in a very happy condition. It is up against the crade difficulty that there is too much tonnage afloat, with the result that ships that ought to be at sea are laid up in harbour, World tonnage, in fact, has expand. ed at a greater, rate than world
The injury that tariffs, whether trade: Also, it is notable that the British or foreign or..Imperial, in- greater speed of our ships, by in Aict upon British trade was also This point is emphasised in both creasing their efficiency, has rea- emphasised at a huncheon given by the reports above referred to.. Undered less tonnage necessary. As the National Association of Mer- fortunately, especially at 1 timea consequence of this increased chants and Manufacturers, where a when so many people are eager competition of ships for the resolution was passed calling atten- promote inter-Imperial trade, we amount of trade available, freights|tion to the present serious indus find that the increase' of tariff have fallen, but unfortunately, at ] trial" situation both at home; and barriers is greater within the Em the same time costs have, risen abroad, and declaring that: To pire than it is in foreign countries. Part of the rise in costs is due, in meet the situation the freest inter- The Liverpool report states that shipping as in other industries, to change of commoditics, and of ser- since the war the main increases the burden of taxation. Both these vices must be encouraged, and this of tariff, rates on British exports shipping reporte lay stress on this can best be effected by the lowering have been within the Empire, where point.) Yet the movement of all of tariffs throughout the world' the average ad valorem incidents political parties unfortunately still This, of course, is the problem that has risen by nearly two-thirds, seems to be in the direction of in Geneva has been discussing, but, while in foreign countries the over- creased expenditure on what are unfortunately, in all discussions age. ad valorem incident has de called social services, and also en jupon tariffs, private and particular creased by one-fifth." In other every kind of interference with interests are generally allowed" to worde, we are getting more assist private enterprise. With admir- override national and "world, in- ance from foreign countries in the able detachment, Mr. J. F. Thomas terests. And so we remain much development of our export trade emphasised the danger of this where we were before.
Diary of Coming Events.
To-day. (March 27.) Lammerts Auction:
Property Sale, 172, Queen's Road East, and New Kowloon Inland Lot No. 60, Sales Rooms, 3 pm
Lawn Tennis-Open Singles: E C. Fineber v. Ng Sze Kwong or Ho Ko Liu.
Annual Inspection of St. John Ambulance Brigade, Murray Parade ground, 8.15 p.œ. ⠀
University Lecture by Mr. Moore ôn Roman Architecture, 8.45 p.m.
H.K.A.D.C. presents "And So to Bed," Theatre Royal, 9.15 p.m.
Queen's Theatre: "Unholy Night" World Theatre:Westward. Ho" and at 6.15 and 5.20. "A Girl from Chicago."
Star Theatre: "Dreams of Love" Ten Dances Hong Kong and Peninsula Hotels, 8.30 p.m.
Dinner Dances Hong Kong, Peninsula, and Repulse Bay Hotels, 8.30. p.m.
European Mail:-Iaward: "Europe" vid Suez (Rajputana).
Friday.. (March 28.) Christian Fellowship Meeting, Helens May Institute,. 10.30 a.m.
Lammerta Auction: Office Furni- ture, 2, Connaught Road Central, 10 m.; Household Furniture, 1.
Aimai Villas, Kowloon, 11, a.m., | Football,-Senior: 6. China v and 48, Nathan Road, Kowloon, Chinese, Recreio v. R.A,, Club . 2.30. p.m. «
St. Joseph's, Police. + Navy. Junior: University v. Chinese "B" wov. St. Joseph's, 8. China "B" v. Chinese “A," Eastern v. Navy, 8. China "A" v. Club, Somerseta M.C.L. Games and Dancing,v. Kowloon, Recreio v. RA.M.C. Periosula Hotel, 3.30 p.m.
Annual Inspection, H.E. Folice Force, by HE., Central Police Station, 3 p.m.
A. S. Watson & Co., Ltd.: 45th- Lawn Bowls Association annual Annual Ordinary Meeting, H.K. meeting (& M. Board Rooni), Hotel, 11.30am. 3.43 p.m.
Hockey Club Somersets, King's Park, & D.97.
Lawn Tennis Open Doubles: F. A. Redmond and A. L. Sullivan Kong Too Cheung and Ho Ka Lau. E.K.A.D.C. presents "And So to Bed," Theatre Royal, 9.15 p.m... Queen's Theatre: "Unholy Night World Theatre: "Westward Ho and at 6.16 and 0.90 A Girl from Chicago'
Star Theatre: "Dreams of Love" Tea, Dances Hong Kong and Peninsula Hotels, a p.m.
Dinner Dances Hong Kong and Peninsula Hotels, 8.20 p.m..
European Mails:- Inwardi
H.LA.D.C. presents “And So to Bed," Theatre Royal, 9.15 p.m.
World Theatro: "Westward Ho" Queen's Theatre: "Unholy Night."
and at 5.15 and 9.90 "4: Girl from Chicago."
Star Theatre: "Dreams of Love.” Teo Dances: Hong Kong and Peninsula Hotels, 5 p.m.
Dinner Dances: Hong Kong Peninsula, and Repulse Bay Hotels,
8.30 p.m.
European Mails:-Outward: Europe vid Marseilles (Rawal pindi), 10.30 am.
Susday. (March 30.) Fourth Sunday in -Centi
Sermon and Discussion, Why
Europe via Shanghai (Rawalpindi), Pray!" preacher Rev. A. D. Ste- Outward Europe vid Siberia (Rajwart, St. John's Cathedral, 6.30
| putaña), 6.30 | 8.m.
Saturday
(March 20.)
Fanling Hunt and Race Club; Eounds Meet. Kennels, 4 pm.
pard
Fanling Hunt and Race Club: Paperchase at Race Course: 3 p.m. World Theatre: Show People." *Star Theatre's, “Open All Night,” Tea Dance" Repulse Bay Hotel, 4.30 p.m.
THE
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