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the issue of export licenses by the Authorities at home, which licences we understand have of late been drastically reduced.

We submit herewith a statement again detailing the trade routes, with the British tonnage at present supplying them, which the Committee consider should be maintained to the

fullest degree practicable. After rcoonsidering the whole situation the Comittee are of opinion that further six British

vessels might be withdraw from these routes to meet urgent national requirements without dangerously affecting the vital

requirements of the Colony. They appreciate that additional

urgent demande for tonnage may arise, and recommend that

opportunity be provided in that event for reconsideration of

the tonnage position before further ships are withdrawn, es by

that time the effect of recent withdrawals will be better known.

There is no question but that the recent requisitioning of both local and ocean tonrage is oaueing the Colony to suffer a

considerable diminution of trede, as is instanced by merchante

making urgent representations to the Chamber of Commercs on

the subject. In this connection we think it necessary to point

out that besides the 50% of British local tonnage already

requisitioned, the bulk of British coean tonnage trading with

the United Kingdom and the Atlantic Coast of America has been

withdrawn, heavily reducing the means of importe and exports

for trade and industries. Further the whole of the Blue Funnel

Pacific Ocean tonnage, trading between Hongkong and Canada and

the Western Coast of U. S. A. and representing over a year the

import of 68,698 tons and export of 40,725 tons has been with-

drawn. This greatly affects the supplies of timber, steel and

many commodities for industries including shipbuilding and

shiprepairing in the Colony, and restricts the export trade not

only from Hongkong but also from India, Colombo & the Straite.

We have &c.,

(sd.)

G. T. Edkins,

C. E. Anton,

Robt. Shewan,

Lau Chu Pak

C. W. Beckwith, Stanley R. Dodwell

W. D. Sarratt.

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