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interest revolves round the cargo which ships and junks
bring to and boar away from the Colony. Take away her
soa-borne trade and the Colony may be said to have no
interests at all. Once a neighbouring port is established
it will attract shipping which otherwise would come to
the Colony and with it will be attracted at the expense
of the Colony the junk traffic, the cargo boate, the
coolice and the chinose who are inevitably attendant
on it.
The growth, attractiveness and development of the
new port will be at the expense of the growth, attractive-
nese and development of the Colony. A rival will exist
where now there is a clear field. A rival possibly
offering, owing to its situation, greater facilitice
to trade and shipping than the Colony can offer. The
Germans after the war will undoubtedly endeavour to
croate a large trade with Chine. The foundations are
already being laid during the war. Gormany, after the
war, will be in vital need of money.
She will have to
aoll all the goods she can to enable her to get money.
She will need to import a vast quantity of raw material
so that she may manufacture goods for sale and she will
have to do this at once. There can be no waiting.
Under any circumstances a new port carnot be established
for a number of years. In the interval she must tradę
as herd as she can and, as far as Southern China is
concerned, she must do it from Hongkong. There is no
other place open to her. By the time any now port is
ready her trade connections will be revived from Hongkong
and she will not be sager to jeopardize them by shifting
and will be less likely to intrigue for the opening of
a rival port. Without her instigation it is less likely
that a rival port will take shape. The British merchanta
here say they do not foar hor competition so there can be
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