HONGKONG DAILY PRESS

PRESIDENT LINER

Sailings

To SAN FRANCISCO and LOS ANGELES

via SHANGHAI, KORE YOKOHAMA & HONOLULU

8.S. "PRESIDENT CLEVELAND'

* S.S. "PRESIDENT FIERCE"

S.S. "PRESIDENT COOLIDGE"

*Omits Yokohama,

Aug. 4

Aug. 25 Sept. 5

To NEW YORK sad BOSTON

via MANILA, SINGAPORE, PENANG COLOMBO, BOMBAY and CAPETOWN

S.S. "PRESIDENT HARRISON"

Aug. 18

S.S. "PRESIDENT POLK"

Sept. 15.

To SINGAPORE & PENANG

S.S. "CITY OF EAN FRANCISCO"

S.S. "CITY OF LOS ANGELES"

Aug. 14 .Aug. 26.

To SAN FRANCISCO & LOS ANGELES

DIRECT

S.S. CITY OF NORFOLK”

July 28

AMERICAN PRESIDENT LINES

"BOUND-WORLD SERVICE"

AGENTS FOR TRANSCONTINENTAL & WESTFRŃ AIR

AND UNITED AIR LINES

12, PEDDER ST.

TEL. 28171.

N.Y.K. LINE

SAN FRANCISCO & LOS ANGELES via "Honolulu.

ASAMA MARU KAMAKURA MARU

SEATTLE & VANCOUVER

(Convenient connection from HIE MARU

NEW YORK vis Panama.

• SAGAMI MARU

4.

LIVERPOOL via « Cape Town

HUSIMI MARU

SYDNEY & MELBOURNE via

KITANO MARU

Thursday, 8th Aug Friday, 30th Aug. (Starts from Kobe) Hong Kong).

· Tuesday, 6th Aug.

Sunday, 28th July

Second week in Ang. Manila,

Saturday,

27th July

Thursday,

BOMBAY via Singapore & Colombo.

ANYO MARU

1st Aug..

Saturday, 27th July

BANGOON & CALCUTTA via Singapore

MATUE MARU

KOBE & YOKOHAMA

ASAMA MARU

HAKUSAN MARG

* Cargo. only.

Thursday, Thunday.

8th Aug. 8th Aug.

Complete Information From Your Agent or:

NIPPON YUSEN KAISYAM

KING'S BUILDING

Telephone 30291 General Passenger Agents in the Orient for CUNARD WHITE STAR LINE

TRAVEL A.-O. LINE

To AUSTRALIA

Calling at Manila, Thursday Island, Cairns, Towns- ville, Brisbane, Sydney & Melbourne, etc.

NEXT SAILING

END OF JULY; 1849,

For Freight or Passage apply, to z----

BUTTERFIELD & SWIRE

Tel. No, 38332.

Agenta.

1. Connaught Bond:

DOUGLAS STEAMSHIP CO., LTD.

SAILINGS FOR SWATOW, AMOX, &, FOODHOW & RETURN (Sailings, temporarily, suspended)

KWANGCHOWWAN HONGKONG SERVICE Weekly salings from Hong Kong

For particulars of Frejet & Passage, apply to:-

DOUGLAS LARRAIK & CO.

General Managers.

*40. Building, 5th Floor,

Defer Not Till Tomorrow....

PRESS COMMENT

ON BUDGET LONDON., July - N

(Reuter)---

The Financial Times" considers the Budget well adjusted and will ob- tain an increasing response from the community who solidly and unitedly pledge all its resources for victory.

"After an over-prolonged · spell scal confusion and uncertainty. the city and nation will welcome the clarity with which the Chan- cellor has endowed his Budget in two essential respects. »

"FIRSTLY, the alterations of the existing tax structure, are as straightforward as they are dras-

tic.

"SECONDLY, the insistence on the necessity of maximum say-- ing and leading to the nation and increasing the proceeds of an in- tensive national effort (exporting Is rightly emphasised) 15 the clearest possible warning that only In that way can much heavier taxation be avoided.”

INFLATION WARNING *.- The Financial News, says "There is only too good reason to con- clude that if this is all the Trea- sury can do by way of emergency financing, we shall certainly have Inflation by the front door."

The Financial News, adds that the Chancellor has only himself to blame if his critics had mistakenly read his first effort as an omen that "he may intend to do more the next time****the time to set about his task in grim earnest was now. Wars are not financed by tomorrows and might have beens.

A

“ALL - UP” BUDGET

(Continued From Page (4) greeted when he began provided the keynote to the reception of the speech

Members were ready for anything and were not going to make a tuss about it.

After the speech there were three comments. Firstly, that it was not as bad as expected: 'secondly, that it was pretty grim: thirdly. It was not sufficiently comprehensive.

INTERIM STATEMENT The last criticism was heard after Sir John Simon's last budget, but Bir Kingsley Wood made it clear that this was merely an interim statement. He did not even at- tempt to strike a balance sheet. He simply presented his proposals. and then said in effect: "It is as much as, we can ask for at the moment. I shall be back later Meanwhile save and give to the State."

Taken as a whole the proposats had a good reception. Everyone expected an increase in income tax and there was some relief that the proposal to increase the standard rate to B/8d. was not more.

CHINA NAVIGATION

COMPANY, LIMITED.

Frequent and Regular Sailings for

SWATOW, AMDY, SHANGRAI, TRINGTAO, WEIHAL #EJ,

Circo and TIERTHIM.

..

KWANGCHOWWAN, PAKHQ and Homow

HAIPHONG.

CANTON

TOURANE SAIGON and BANGKOK.

SINGAPORI PORT SWETTENHAM and

PERANG

For further particulars, regarding loading dates etc. please apply to:--

BUTTERFIELD & SWIRE

TELEPHONE NO. 30331

BURNS PHILP LINE

Passenger & Freight Service To

AUSTRALIA

We have

I vessel

Balling for

MADANG,

SALAMATIA, BABAUL. SYDNEY AND MELBOURNE

about the

BEGINNING

OF AUGUST

Excellent passenger accommodation with a large. number of single cabins at no supplement. Built-in Swimming Bath and Spacious Sports Deck.

Passenger & Freight Agents -- GIBB, LIVINGSTON & CO., LTD.

Telephone No. 28031.

TRAWLER SUNK BY MINE

LONDON, July 24 (Router) Increases in beer and tobacco were also expected. Some, Mem- The Admiralty announces that His bers felt that more money could Majesty's trawler Campina was have been raised by lowering the sunk by enemy, mine: Three sur income tax limits still further and vivors were landed safely but it is by making the rate of 18s. in the feared that the

£ apply to much lower incomes

Commanding

P.&O. Building.

SURVIVORS IN BRIDGETOWN' BRIDGETOWN, July 24:(Reuter). A message from Barbados states that 17 more survivors of the Bri- |·

tish freighters King John and Davistan, which were sunk by a German raider in West-Indies waters last week have landed here:

than those in excess of £20,000 afficer and ten ratings, have lost. A total of 41 survivors reached

year.

their lives.

·Bridgetown on Saturday,

BANK LINE (CHINA)LTD

AGENTS FOR

ELLERMAN AND BUCKNALL S.S. CO., LTD.

Regular dailings for UNITED KINGDOM as opportunity offera NEXT SAILING SECOND HALF AUGUST,

AGENTS FOR:

THE BANK LINE, LTD. ORIENTAL AFRICAN LINE

NEXT BAILING END OF SEETËMBKRĄ

for Mauritius, Reunion, Tamstavey Lourenen Marqués, Durban and Cape Ports

AMERICAN-ORIENTAL LINE

Regular saliings for› Boston, New York; Philiadelphia & Baltimore-

NET SAILING KARLY SEPTEMBER.

AGENTS FOR:

KLAVENESS LINE

(PACIFIO COABTASTATIC BERVICE

HONGKONG DIRECT TO LOS ANGELES (in 21 Days) THENCE TO, SAN FRANCISCO," PORTLAND, OBE, TACOMA & SEATTLE, NEXT SAILINGS L'ATI JULY AND LATE AUGUST

Fasting through Bellading to Ovis & Atlantio Comer with transhipment at L'oe Ameslas by frat opportunity

For Freighs on Pawego so any of the above lines soply

{Tel. Nos. (28837 *&* 28038,]

Telephone 77791

THE BANK LINE (CHINA) LTD.

THURSDAY, JULY 25, 1940 –PAGE IL

O. S. N. CO.

We have a Sailing Homewards ABOUT THIRD WEEK IN AUGUST carrying Passengers and Freight. Also Frequent Cargo Departures B. I. S. N. CO. LTD. Frequent Sailings to Straits, Rangoon and Calcutta:

E.& A. S.S. CO. LTD. Monthly Sailings to Rabaul, East Coast of Australia and Tasmania. Also frequent sailings to Shanghai, and Japan.

All vessels may call as any ports on or off the route and the route and all sattings are subject to cancellation change or deristion with or without notice.

Passengers are requested to register their requirements but, under present circumstances sailings are perforce restricted.

Detalls may be obtained fram

MACKINNON MACKENZIE.CO

DEO BUILDING, CONNAUGHT ROAD CENTRAL. HONGKONG.

PHONE 27721.

"Route-of-Wonders"

ACROSS CANADA

and

Speed scross the Faciße by luxurious Empress liners, then..... Victoria ..stop over if you wish Vancouver-in-Canada's Exergreen, playground...

NEXT SAILING FROM HONGKONG

SECOND WEEK-IN AUGUST

(Omitting: Honolulu)

Fast through- SIE: CONDITIONED trains from ship's ride at Vancouver take you through the Majestic Canadian Rockies--Take Lordine, Eauff000miles of travel through Marvelous Mountain Scenery Niagara Falls and the Great Lakes can be includedías optimalzroutes on your zonat-to-coast trip. Stop.over anywhere you wish.

Then, Hontzaland Quebec, gree, French-speaking cities on the famous St Lawrena Eway, and a quick crossing to Europe by one of Canadians Facific's Atlantie fleet.

NEXT: SAILING TO MANILA

FIEST WEEK IN AUGUST" "

For Full Information Consult Your Travel Agent

Calon Balding

Hong Jont

Telephons 20762 --

MO

Canadian Pacific

World's Greatest Travel System

BARBER WILHELMSEN LINE

SERVICE OF

BOSTON AND NEW YORK

VIA LOS ANGELES & PANAMA CANAL PORTS

by NEW FAST VESKILA

NEXT SAILING THIRD WEEK AUGUST Following sailing third week September

DODWELL & CO., LTD.

Hong-Kong, Bank Building,

Agente.

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