Times
72
30 NOV 194
38
FUTURE OF HONG-KONG
TO THE EDITOR OF THE TIMES Sir,-This association hopes that the letter written by Captain Howarth from Hong-kong on October 30 and published in your issue of November 27 will receive the close attention. which it deserves.
The position may have improved to some extent since the letter was written, since no difficulties are placed in the way of British merchants who have goods for export to Hong- kong and can obtain freight space; but, while the present uncertainties as to currency in China and the conditions on which trade can be carried on there continue, the importance of Hong-kong cannot be over-estimated as a trade centre and a depôt where British goods may be stored pending the time when trade with China can be fully re-established.
America has had a flying start in the China trade, principally because she alone has been in a position to give early delivery of goods. Nevertheless the future possibilities of the China market are so enormous that it is hoped that high priorities will be available to British firms interested in exports to China, and that imports from China will be facilitated so that exported goods may be paid for.
We are, Sir, yours faithfully,
W. B. KENNETT, Chairman, R. SCHLEE, Acting Secretary, The China Association. 33-37, Broad Street House, Old Broad
Street, E.C.2, Nov. 27.
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