10
THE
BLUE FUNNE
LINE
REGULAR AND FAST FREIGHT AND PASSENGER SERVICES
LONDON SERVICE
AENEAS
16th Feb. For Marsoles, London, Skotterdam
& (Hangow let Mar.
For Muranillos, Crashlanes, London, MEN KLAUN
Ruiterdam & Katakurg LIVERPOOL SERVICE
FOOLTUN
20th Feb. For Port Hald, ffavre, jäverpool,
A Giango AGAMEMNON 6th Mar For Port Said, Idvarpool, Havre & Glasgow NEW YORK SERVICE MENESTREON 13th Me Par Boston New York & Baltimore
via 1bil.pgestan Port Swettenk
A Sanganer
PACIFIC SERVICE(vin Kobe & Yokohısınaj PROTESILAUS Pal Pal Peur Vartnera, Vane var ♬ Seattle IXION
For Visteta. Var ver & Seattle 10th Mar
INWARD SERVICE EURYL CON 11111 TRIBESIA4 Dosith P^.4.
Poncho, Kides A Yoko Fag Wangha had a Yoko An oarge Stevnine with dimuted passenger area,ntwoodadvan
spectalle reduced from
For freight, party or hates a defamation uppple en vue nacer
mentioned
all hankings ara walijurs so the provenienes of the timpane's
Bill of Lading
BUTTERFIELD & SWIRE
14.
REDUCED THROUGH TICKETS TO EUROPE VIA U.S.A.
VARYING FROM 479 to 2120 -ON SALE
THE HONGKONG TELEGRAPH. WEDNESDAY, FEBRUARY 10, 1932.
SAN FRANCISCO via Shanghai, Japan Parts & Honoinlu.
Wednesday, 24th Feb. Asama Mara Sinyo Maru...
Tuesday, 8th Mar. BEATTLE, VANCOUVER via Shanghai & Japon Ports.
Tuesday, Ist Mar. Tuesday, 29th Mar. LONDON, MARSEILLES, ANTWERP & ROTTERDAM via
Singapore, l'enang. Colombo & Suoz.
Hikawa Maria
Hiya Maru...
lakusan Maru
Hamina Maru
SYDNEY & MELBOURNE via Manila & Ports.
MANILA
REPARATIONS AND
DEBTS.
(Continued from Page 2.)
distribution for the worse of the | CONSIGNEES' NOTICES.
world's lending power, by economie nationalism finding expression in higher and higher tariff walls, by consequent disequilibrium of tratu, by lack of balance between the price-levels of primary products and of manufactures, then these debts accentuate the effect of exist Ing factors in instability. And once a depression as ataried, they nake it, all the more dificult to emerge from it..
ar
to
the claims she has against Europe. Why should her taxpayers asume the whole burden of paying for the war? Let Europe find a way out her own dificulties; she can. If of she likes to try rently hard; then she can continue to pay her just
Incubus on Industry. delits to the U.S. She can afford to spend huge sums on armaments; International debts wich why cannot she pay what she not the normal accompaniment of of owes7 A
and interchange very natural attitude of production a creditor to a debtor.
goods and services are an incubus The initiative has been passed on the world's industry. All would to France, by this attitude on the be better off without them, even part of America. If France' could those countries which, on their hope for
a move from America budgets, appear to gain. A great in the direction of reduction, if she nation, accustomed for years could even be certain that America play its normal part in the ex- would react sympathetically to any panding trade of the world, is purely European readjustment, her given a burden which forced it to path would be clearer. As it is, strain and wrench its industrial she is doubtful, and the proximity system in order to provide a large of a general election is adverse to annual surplus product for which decisive action on the part of her it receives no return. lenders.
It is no longer a normal corn- That she is unwilling to assumpetitor in the world's markets; it the Initiative is clear from Is compelled by this burden to Industrial of ranks postponement of the inter-govern enter mental conference which it had nailons, not as a partner in the been hoped to convoke at Lausanne give and take of International in January, and which is urgently trade. but as a disturber of the called for by the implications of equilibrium of that trade, the Basle Report.
forced to place burdens on its ewn people, who have to expand their The American Poltton.
productivity without renping the America's Altitude is understand normal harvest of a secure and im- able: she also has an election loon proving standard of lying. This In the ful. But it is it does in order to produce a large searely logical to insist on her export murplus which ennnot bat rights as a creditur, and at the at the expense of the nations whose its creditors. same time to assume an attitude of which are aloofness from the affairs of her markets, boll: domestic and foreign, debtor. Her claims are doubtless it must invade. This reacts on the just calius: Europe bought from prosperity of these nations, and her received vajar, and could not they, in their turn, find their Pay at thes time. America could standards of living threatened, only give this credit by calling upon her nationals to invest in government bonds, the service of which involves demands upon the
*
taxpayer.
the
the
It is
THE EAST ASIATIC CO., LTD.
·COPENHAGEN.
"DANMARK”
The Motor Vessel, having arrived consignees of cargo gooda are hereby informed that all are being landed, and placed at their risk into the hazardous and/or extra hazardous Godowns of The Hongkong and Kowloon Wharf and Godown Co. Ltd., where delivery can be obtained an noon as the goods are landed.
No claims will admitted after the goods have left the Godowns, and nil goods remaining undelivered after the 18th February, 1982, at 4 p.m. will be subject to rent.
All broken, chafed and dnunged goods are to be left in the Godown, where
they will be examined by Messrs. Anderson and Ashe on the 13th February, 1032, at 10 d.m.
ed by
All claims against the vessel must ho presented to the Undersigned before the 18th February, 1932, or they will not be recognised.
No Fire Insurance will be offected. Bills of Lading will be countersign-
JOHN MANNERS & CO., LTD.,
Agenta Hongkong, 9th February, 1032. SERVICES CONTRACTUELS DES MESSAGRIES MARITIMES.
The Steamsh!?,
"D'ARTAGNAN" Arrived Hongkong on Tuesday, the 2nd February, 1932.
be
From MARSEILLES &c. Consigneer of Cargo by the above named steamer are hereby informed that their goods with the exception of Opium, Treasure and Valuablen ara being landed and placed at their risk of the Hongkong in the Godowns Kowloon Wharf and Godown Co. Ltd. Rawloon, whence delivery can be obtained as the goods are tended.
7 days Gnarls not cleared within
of arrival, will Including date subject to rent.
All claims must be sent to the undersigned before the Friday, the 12th February, 1982,
will or they not be recognized.--
Damaged Packages must be left in I do not any that this load of the Gotowns for examination by the inter-governmental gobl 15 a consignees, and the Company's Sur primary cause of the intense de-veyor Menors:-Goddard and Douglas pression from which the world Is at 10.00 am on Tuesday, the oth February, 1932. Consigners must suffering. Its removal, by itself, have a Revenue Officer in attendance would not adve one troubles. But when damaged dutiable goods are when once other factors have begun examined by the Company's Sur- to sow the sends of depression, this-veyors. indstedness is not only an obstacle No claims will be admitted after
a the goods have left the Godowns. the way of recovery, but
No Fire Insurance will be effected direct cause of financial instability
Obstacle to Recovery.
at it can searedy be maintained that this was, in the first instance, a heavy burden upon Americans: The war cancelled their foreign In da btedness, and raised their pre- ductive activity to a high pitch: their standard of living altained a level unequalled by that of any olher count ry, Reduction or car. and a danger to the whole monetary by us in any case whatever. cellation would imi mean, «fter all, system. This is especially true it The asumption of an unequal the nations which are the chief share in the real burden of the war. creditors an also unsatisfactory And in the matter-of actament, fendera.
it would be expecting too much (of Complete eaticellation is in ask her European debtors to pay existing conditions, not likely to for relief by a feeling of political be achieved. Some continuance insecurity. however unjustifled for a period of years of the exin-
America.
•
Agent
R. OHL,
Hongkong, 2nd February, 1932.
N. Y. K. LINE (NIPPON YUSEN KAISHA.) From EUROPE and STRAITS,
that feeling กมy appear tag moratorium is the least that is The Steamship,
how. necessary. It is possible,
"KATORI MARU," Prophecy Justified.
ever, that before the nations meet Immediately after the Young in ronference, public opinion in all having arrived from the above ports, are hereby plan appeared, Sir Josiah Stamp, the countries concerned may enable Consignees of Cargo
informed that their Goods are being speaking in America, stated that the governments to pursue as policy landed and placed at their rink in the Hongkong and Kowloon Whart a fall in world prices of 25 per of readjustment. This will tent, would smash the plan te volve sacrifices on the part of sonte, and Godown Company's Godowns nt may be smithereens. This prophecy has as the Hoover moratorium has al-Kowloon, whence delivery been justified, and only the Hoover ready involved such sacrifices. Hut obtained.
Goods not cleared by the
12th moratorium has kept it froin being cannot fail to be realised that
February, 1932, will be subject to rent, futfilled to the letter. The Young readjustment is, in the long run,
. Damaged packages must be left in of all, creditors plan omitted one feature which the in the interests
the Godowns for examination by the Consignee's and the Co.'s representa Dawson scheme had provided; under and debtors alike. -
tives on any Tuesdays and Fridays at the latter, adjustments were to
the free storage 2.30 p.m. within be made in Germany's abilities In
For the examination of Perind. the event of considerable applica.
the coo- of the value of gold. German to members to put questions damaged datable
signees must arrange for a Revenue many's abilities under the Young to the speaker, Rotarian
All claims must be presented within plan are fixed in gold, so that the Cassidy, after congratulating Pro Officer to be present
of the steamer's
arrival fall in prices means an increase fessor Robertson on the clear and ten days
here, after which date they cannot bo In the real burden of her debt by concise manner in which he had
a pro-recognized. ahnut one third,
presented so complicated
No claims will be admitted after blem, asked if he could have Professor Robertson's view in re- the goods have left the Godowns.
No fire insurance has been effected. Great Britain having
NIPPON YUSEN KAISHA. Hongkong, 6th February, 1932.
Saturday, 20th Jan
Saturday, 5th Mar,
Kitano MeZIL
Atsuta Maru
Saturday, 27th- Feb. Saturday, 26th Mar.
Asama Maru
Thursday, 18th Fol
tion
*Tottori Maru...
Kaga Maru
Monday, 29th Jan
Friday, 11th Mar.
Los Angulo, Mexico & Panama.
Bokuyo Maru
Sunday, 14th Feb.
BOMBAY via Singapore, Panung & Colombo,
SOUTH AMERICA (WEST COAST) via Japon, Honolulu,
NEW YORK, BOSTON via Panama,
LIVERPOOL via Port Said, Constantinople.
Genoa & Marseillos.
Dolagoa Maru
CALCUTTA via Singapore, Penang & Rangoon.
Akita Mar
*Rangoon Maru
SHANGHAI, KOBE & YOKOHAMA.
'Lima Maru
Monday, 15th Feb.
Monday, 15th Feb. Monday, 29th Feb,
Wodnosday, 17th Feb.
Atsuta Maru Nagasaki Direct) Fri, 19th Feb. Katima Maru
Saturday, 20th Fab. *Cargo only.
For further information apply to:-NIPPON YUSEN KAISHA Telephone 30291. (private exchanges to all Depts.
INDO CHINA STEAM NAVIGATION CO., LTD.
BAILINGS SUBJECT TO ALTERATION.
Destination.
10 TSINGTAV ris SWATOW
Stoaniors.
Sailings.
E SHANGHAI
Sandviken Yatshing
Davikon
TO SINGAPORE PENANG
CALCUTTA
TO OSAKA vis AMOT.
SHANGHAI KOBE
Hosang Kutsang Kumbang
TO KOBE vís AMOY,
Tuonaang
Sun. 14th Feb at
7 a.m. Wod. 17th Fob at 7 a.m. Sun. 21st Fob at 7 a.m.
Wod. 24th Feb at 3 p.m. Wed. 2nd Mar at 3pm.
Fri. 19th Fob at
7 am.
Thurs. 3rd Mar at 7 a.m.
YOKOHAMA & OSAKA
TO OSAKA vis AMOY,
Buisang
Satur. 19th Fob at 7 a..
МОЛ В КОВЕ
TO SANDAKAN
Yusang Hinsanx
Mausang
TO TIENTSIN +is SWATOW Ohipshing
CHEFOO
Choongshing
noon.
Satur. 13: Fob at Batur. 13th-Fab at 3pm.
Sun. 23rd Fob at Sun. 14th Fob at 7 a.m. Fri. 26th Fob at 7 a.m.
noon.
For freight or passago apply to:-
JARDINE, MATHESON & 00., LTD. Te'ophone 30311.
General Managers
Question on Tariffs.
On the invitation of the Chair-
which, In the
P. S.
goods,
It is, then, the world depression which has produced the failure of the Reparation scheme, rather thit gard to the Reparations nad war debis adopted protection. "It seems to which have produced the world de- me" anld Mr. Cassidy, "bad enough pression. But although we cannot already to have these high tariff THE BEN LINE STRAMERS, LTD.
of C380 scribe to the burden of inter-walls national indebtedness the blame of America, have prevented repara- our present world conditions, it re- tions from belug paid in goods, mains true that even in normal as could normally have been the The Steamship,
Is the adoption of a pro- times such debts are a hindrance case, to the smooth working of the in- Lectionist policy in England likely ternational economie system; and to complicate still further this
(Continued on Page 11.) when they are accompanied by a re-j
"CRYPTO".
BATTERY SERVICE
Installed
at the 3DEAL MOTOR CAR Co. (Corner of Lockhart and
Marsh Roads)
Get your Batteries repaired or charged at the most SERVICE STATION in modern BATTERY Hongkong or South China.
BATTERIES" REPAIRED OR CHARGED.- BATTERIES FOR HIRE small charge per day.
. BATTERIES OF ALL KINDS IN STOCK
To Suit your Car or Purse
All work done under personal experienced European supervision.
GIVE US A TRIAL.
From LEITH, LONDON and STRAITS.
"BENMOHR" Consignees of Cargo are hereby bong informed that all Goods aro landed at their risk into the hazardous and/or extra hazardous Godowns of The Hongkong and Kowloon Wharf and Godown Co., Ltd, whence and/or from the wharves delivery may be obtained,
No claims will be admitted after the Goods have left the Godowns, and ali Goods remaining undelivered after the 9th February, 1032, will be subject
to rent.
All claims against the steamer must be presented to the Undersign- od on or before the 23rd February, 1032, or they will not be recognized. damaged All broken, chafed, and Goods are to be left in the Godowns, where they will bo examined on the 8th February, 1982, at 10 a.m., by Messta, Goddard and Douglas,
To comply with the General Bonded Warchonne Regulations consignees must have a Revenue Officer in attendance when damagod datlable good are examined.
No Fire Insurance has been offected, Bills of Lading will be countersign- ed by
GIBB, LIVINGSTON & CO, LTD.,
Agents. Hongkong, 3rd February, 1932.
MRS. MOTONO. Massage.
Hand and Electric 81b. Wyndham Street.
M
ASSEUR R_SHIMIDZU, ASSEUSE 8. HONDA. ABBLUSE 8. KISAKI Zecominended for many years for Jovernment Ciril Hospital Peak Hospital, etc., and by all the local doctors.
34, Wyndham Street." Tel. 24941.
GOING HOME IN 1932 ↑
A GLORIOUS OPPORTUNITY
for a Cruise on the World's
Newest Giantess
EMPRESS OF BRITAIN
42,500 TONS GROSS
Special sailing from Hong Kong
14th FEBRUARY, 1932.
34 DAY TO SAN FRANCISCO
63 DAYS TO NEW YORK
60 DAYS TO SOUTHAMPTION
ROUTE:-Chinwangtao (Poiping), Beppu, Kobe (Kyoto, Nara), Yokohama (Tokyo, Nikko, Kamakura), Honolulu, Hilo, San Francisco, Los Angelesi, Balboa (Panama Canal), Cristobol, Havana, New York, Cherbourg, Southampton.
Shore trips included at ports of call.
4 DAYS IN PEIPING
9 DAYS IN JAPAN,
CANADIAN PACIFIC
ALL THE WAY.
SPECIAL Round Trip Fares
to
'EUROPE.
WEEKLY TRANS-PACIFIC SERVICE
To San Francisco, Los Angeles & New York
via Panama
Fortnightly Ballinge on Tutudaya.
Pros, Grant
Pros. Lincoln...
Pros, Coolidge .....
To Seattle &
Victoria
Fortnightly saltinga un velurdays.”
Feb. 16
Pros, Claveland
Mar. 1
Pros. Taft
Mar. 15
Pres, Jefferson
+
**
Feb. 20
Mer. 8
Mar. 19
1.
£79, £112, £120 Special through rates to Europe via
United States. Direct connections with all Atlantlo lines. Choice of rail lines across United States and Canada, liberal stop-over privileges fór sight-noeing.
ROUND TRIP FARK TO EUROPE. From HONGKUNG to NAPLES
MARSEILLES LONDON
£152.6.04.
€161.0.00.
B169.15.00
Full particulars upon application."
Round-the-World
Forsorgbkly bailinge on Aundaya via Muulla, Birajta, Dalombo, Bombay Sues Capal. Alaznodzie, Naples, Denoa. Wermiller, New York and Boston.
Pres, Garfold San., Feb. 21, 8 a.. Pros. Polk... Bust., Mar. 6, 8 a.m. Pres. Adams San., Mar. 20, 8 n.m.
Pres, Harrison S., Apr. 3, 8 s.o. Pres. Hayes Ran., Apr. 17, 8 a.. Pres. Pierce Hnn., May 1,8 m. To Manila
Pros, Taft Fres. Cleveland..... Feb. 13, 6 p.m. Feb. 21, .. Proa. Gardold
From. Folk... Pres. Lincoln Feb. 23, 6 p.m. Pres. Coolidge... Mar. 8, 6 p.m.
+34
Feb. 27, 6 p.m. 3far. 6, 8 ..
CANTON BRANCH- No. 4 Shakes Street. DOLLAR STEAMSHIP LINES. AMERICAN MAIL LINE
SERVICE OF FAST MOTOR. VESSELS
iwith Limited, but exceptionally good, passenger accommodation). Homewards to:
Ports Baid, Genoa, Alglore, Oran, Rotterdam (Amsterdam). Hamburg, Oslo, Gothenburg and other Scandinavian Ports, Manila and Straits Bettioments.
M.V. "FORMOSA" M.V. "SHANTUNG" Outwarda to:
vin
SHANGHAI, AND JAPAN PORTS.
-M.V. "SHANTUNG" M.V. "NAGARA"
Passenger Ratos:
Hongkong to Gonos
Continental-Ports,
Hongkong to 1st. North
Sailing about
27th 27th Mar..
Feb,
Beiling about
20th Feb.
18th Mar.
"A" Claas
"B" Class
657
152
£$2
#37
THE SWEDISH EAST ASIATIC CO., LTD.
Agenta:
GILMAN & CO., LTD.
Hongkong.
4. B. HUYORN
Cantoria