1920-04-13 — Page 6

SHIPPING

HONGKONG, CANTON & MAÇAO

STEAMERS.

JUINT SERVICE, OF THE HONGKONG, CANTON & MACAU BREAMBOAT 00,, LED, AND THE URINA. NAVIGATION COMPANY, LIMITED,

HONGKONG « DANTOMLINE

Ballings --To- Canton daily at 8 a.m. (Sundays excepted) and 10 p.m. From Canton daily at 8 am Sundays; excepted) and 6 pm.

ARVION OF 12 HONGKONG, CANTON A MACAO STEAMBOAT 00, LTD HONGKONG »MAÇÃO LINE.

SAILINGS

To Maono dally.at8 m. od 6. p. From Macao daily at 8.30a.m. and 2 p.m.

(Sundays at 9 a.m.) (Sundays at 6 p.m.) Police Farmits to leave the Colony are not required.--- Further Information may be obtained at the Company's Opustig, Hotel Bandons.

or from Messrs. TROL COOK & Son, Booking Age, Hongkong.

DODWELL & COMPANY, LTD.

STEAMSHIP

SERVICES..

Regular Sailings to NEW YORK via Params Öszal.

S.S.

BOLTON CASTLE"

Sailing Beginning of May.

LLOYD TRIESTINO

BRINDISI, VENICE & TRIESTE

vis ¡SINGAPORE PENANG AND COLOMBO. S.S.

**

INNSBRUCK

*

Sailing on or about the April 27th..

NANYO YUSEN KAISHA, Ltd

(SOUTH SRA MAIL 8, 8. 00.)

Regular Services between

JAPAN, HONGKONG & JAVA

S.S.

[4

FOR JAVA,

SAMARANG MARU"

Sailing on or about 25th April"

OCEAN TRANSPORT Co., Ltd.

(TAIYO KATUN KAISHA.)

Steamship Services Trans-Pacific.

Also to Australia, Europe, etc.

NATAL LINE OF STEAMERS

TAKING Cargo on through Bills of Lading to South AFRICAN PORTS with transhipment at CALCUTTA.

in conjunction with the --

INDO-CHINA STEAM NAVIGATION CO.,LTD. AND APCAR LINES.

For Freight or Passage on any of the above Lines apply:-

"DODWELL &100., LTD,, Agents.

IRON AND STEEL PRODUCTS

BEST TERMS

(ESTABLIRHAD 1880). SINGON & CO.

THE CHINA MAIL.

SHIPPING

C. N. C.

T

CHINA NAVIGATION CO., LTD.

SAILING SUBJECT, TO ALTERATION.

AMOY MANILA, CEBU & ILO BMANGHA

-ETKAMERS

SHANGHAL WETHAIWEL & NEWORWANG SHANGHAI AND THINGTAO SWATON & BANGEDR AMOY, SHANGHAI AND PUKOW TIENTSEN

TO BAIX

LANTS Gumijashpril 12, at 4 pm. YURAN Apr 17, Dlight. ELKIANO im...April 15, at Noon

Finom. April 17, ab CHOW «ndpril 20, 2010;

pas ལ་་་་-་་་ Trigo April 30, så): 4 pan. {TION: | april klyst. Noeni SHANGHAI LINE-PASSENGERS-MAIL and CARGO sen Baloon accommodation amidships. Electric Idghi and Tans in Baloda ama Biste-rooms. Bagular schedule service between Canten, Fangkong, Bhanghai (thrice weakly) and Taingtao (weekly), taking cargy on through Bids of Lading to all Tangla and, Northern China Ports, Passengers are landed in Shangha krodding the inconvenience of transhipment at Woming.

BANGKOK-LINE-Weekly, service to and from Bangkok vie Bwabow.

For Freight or Fansign syply tom je

Calophone No. 26

ADMIRAL

BUTTERFIELD & SWIRE,

"AGENTE.

LINE

T PACIFIC STEAMSHIP CO

Operating the following U.S. Shipping Board Steamers

For SEATTLE, TACOMA, VICTORIA, VANCOUVER,

(Chiling at Shanghai and Kobe. “ELDRIDGE DO

* WEST HARTLAND * ..... #ICONIUM”

About April "CITY OF SPOKANE” ................. About April **EDMORE"

TERME About April

14th. 18th

30th

*****... About May

About May

"CHOSSEFYS” ...

2nd..

For PORTLAND Direct

"DOAXET" "WABAN "MONTAGUE"

* About June

(Calling at Shanghai and Hobež PRAHLORAKS DİREK........... About April 28th. __2010_1414-4........................ About May) 16th. About Jend 10th. 90th.

"ABER008" SALOMONAS CLÁUDIO About Jone Through Bills of Lading issued to Overland Common Printa

FOR FREIGHT AND FARTICULARS "AFFLY TO:

THE ADMIRAL LINE,

Telephones 2477 & 2472.

Fifth Floor, Hotel Mansion.

FOR NEW YORK & BOSTON.

THE U. S. SHIPPING BOARD.

S.8.

64

WEST WIND "

About

APRIL 17th.

Via PANAMA,

14.

S.S. DRYDEN"

About APRIL 19th.:

Via PANAMA

S.S." RADNOR

About MAY · 15th,

Via PANAMA.

For freight, space and articulars apply to

THE ADMIRAL LINE,

COMPLETE STOCK.

(TeBox $15).

TELEPHONIS $477 & 5478.

AGENTS

0.

S..

K.

OSAKA SHOSEN KAISHA. SAILINGS FROM HONGKONG SUBJECT TO ALTERATION,

LONDON, ANTWERP, ROTTERDAM & HAM-

BURG-Monthly direct service via Singapore and Port Said.

HAVANA MARU Tuesday, 4th May. HAVRE MARU................................

............Tuesday, 8th June. BUENOS AIRES-Rio de Janeiro, Santos, Mauritius, Durban and

Cape Town via Singapore. PANAMA MARUM | SEATTLE MARU

Tuesday, 18th June. ....Middle of July.

BOMBAY & COLOMBC-Regular fortnightly service via S'port.

BURMA MARU

SIAM MARU

Friday, 16th April.. End of April.

SAIGON, BANGKOK & SINGAPORE Regular Monthly

service.

BHISEN MARU ..........

......Sondey, and May,

SYDNEY, & MELBOURNE Monthly service taking cargo to

New Zealand and Pacific Islands

KUNAJIRI MABU... Monday, 17th May..

VICTORIA & VANCOUVER Tacoma via Manis, Keelung, Shanghai, Nagasaki, Moji, Kobe, Yokkaichi & Yokohama. AFRICA MARU (Call Shanghai)....Faturday, 2nd May.. CHICAGO MABU .....

Saturday, 5th June KEELUNG via SWATOW & AMOY-These stesor have excellent modation for 1st and 2d class analcon passengers and. will arrive at and depart. from the 0.8.K. wharf near the Harbour Office. KAIJO-MARU

TAKAO vis: SWATOW and AMOY,

BOSHU MAKE

Sunday, 18th April,

Thursday, 22nd April

JAPAN FORTB-Maji, Kobe Yokkaichi, Yokohama,

For mailing dates stöfurther particulars please apply to

YASUDA, Manager. No. 1, Queen's Buliding."

Tel. No. 744 6nd-745)

THE CHINA & AUSTRALIA IS, s. co.

MELBOURNE & SYDNEY, via, MANILA, ANDAKAN & QUEENSLAND PORTS HWAH PING **Sailing on or about 17th April AVIOT

Saling on or about 5th May.. Calling at Port Dire

•For Passage

tapply to THE CHINA & AUBFRALIK 8/8. 00,

Agents.

11 Connaught Bond Central.

BTH FLOOR Hori MaxnioNE.

LOS ANGELES PACIFIC NAVIGATION COMPANY.

ABOUT

BALLING FOR LOG ANGZIES 26. WEST HIKA?

5.6. VINITA

་་

April 17,

HONGKONG TO LOS ANGELES, CALIFORNIA, U.S.A... DUE INWARDS

- ABOUT 8.8, WEST HIKA April 18, SIE. VINTTA

May 15.

May - 17: AA. WEST NIVARIA Juze -1 8.8. WEST NIVARIA Juns 17. 8.8. WEST MONTOP July 15.

8.8. WEST MONTOP July 17. Through Bills of Lading to all U.S. "and Canadian overland points;

no transhipment en route. Shipside connection with the Saltlake, Santa Fe and Southern Pacific Railroads.

HEAD OFFICE:-LOS ANGELES, CALT.

..

BRANCH OFFICES-KOBE, SHANGHAL, MANILA, SIE GAPURE, HONGKONG OFFICE:-Prince's Buildings, Chater Road,

Telephone No. 1062.

OHAS. E. RICHARDSON,

General Agent for Beath China.

TOYO KISEN KAISHAJ

SAN FRANCISCO LINE; I SHANGHAI INLAND BEA, JAPAN, and HONOLULU.

FART AND LUXURIOUS MAIL STHAMKEJ.

-- Ballings from Hongkong-Bubject to change without notice.

Bbesavers

*PERSIA MARU

KOREA MARU

·TENYO MARU

· ĮSIREHIA MARU..........

toms

"D,000

30,000

28,000

30,000

SHINYO, MARU - 13,000

From Hobe.

Leary Hongkong.

19th April.

3rd-May. 27th May, 13th June. 17th June. Omitting call at Bhangat.

SOUTH AMERICAN LINE. HONGKONG, to VALPARAISO Via JAPAN, HONOLULU, SAN FRANCISCO, - HAN PEDRO, BALING CRUZ, BALBOA,"

BAR CALLAO, ARICA And IQUIQUE, zhence by Trans-Antiaad Route to Buenos Aires.

UNIYO MAKU’

KIYO MARU ANYO -HARU

18,500

Lars Hongkong:

Sept.

9th

Tickets are Interchangeable with the Canadian Pacifle Goan Bervloes, Ltd. and the Pacific Mail Steamaldp Comedy

Pazengers may travel by mail hetween ports of call in Japan free of charge.

FREIGHT SERVICE VE DE

Direct Freight Service to CUBA and NEW ORLEANS, la San Francisco, Balbo and the Punima Can

Steamers. UHOVO MARU

CP

SHIPPING

SAILINGS

TUESDAY APRIL 18, 1927.

OS

HONGKONG to VANCOUVER

(via Shanghai, Nagasaki ("Moji) Ködé & Yokohamak

FROM

DUE ECNGIONG VANCOUVER

STEAMERS

Empress of Russia Impress of Japan

· Empress of Asia Monteagle

May May 26

6

Jane -3° Jube &

May 21 Jana 16 June 21 July 2

Empress of Russia ... July 1 Empress of Japan... July-20

July 19,

AD 10

T

· Empress of. Asia... July 29 Ang 18 *Monteagle to sugg me **** Aug. 18 Bapt

Empress of Russia ........ Aug, 20 Sept. 13 Empress af*Japan) ... Sept 14 Oct. 5. Empresa of Asia. Sept: 23: Dat. 11: Empresa of Russia Cat. 21, Nov. 8: *Monteagla

Oct-28 Nov. 19 Nov. 30

Empress of Japan - ne

Nov. 9

Pastags Faros Hongkong to United Kingdoin.. EMPREIS:01 RUŠIZA) ・・・ EMFEEM OF JAPAN)

18,850 Ton Reg. Gold: 5,000 Tons Beg. Gaid Expanse of ASTA- $849.00 MouLADEM ($480.00

16,850 Tona Reg. 163 Tons Reg

dazos d'zalligi:subject to change without noliem.

For Fare

Telephone

viher information please apply to

HONGKONG OFFICE.

Cable dira: DACANTAD

CANADIAN PACIFIC OCEAN SERVICES

CHINA MAIL S.S. CO., LTD

TRLIGHT AND PASSENGERS, "NANKING". "NILE"

(25,000 ton)

"UHINA"

** (10,200 ton).

(11,000 tons) BATLINUST FROM HONGKONG FOR

SAN FRANCISCO

VIA SHANGHAI, JAPANTEPORT & HONOLULU. "NANKING"

June 2nd 194O.

"NILE" May 18th 1990.

AN UNSURPASSED HIGH CLASS PABBENGER SHEVICH.

"CHINA" May 19th 1920;

O. EL. HITTER, Freight and Pramaager Agent.

TOL, 1984

Prince's Buildings, Los Hamm Harabe.---

INSTITUTE OF BANKERS,

Continued from- Page 3.)

coins and securities in its vaults. Each country was to deposit metal coins or securities" corresponding to Its presumable importations," against. which it would be granted a credit of four times that amount. The credits would be granted in denominations called "menos," the mono being value in account equal to 13, 49, $1, and so on.

INTERNATIONAL EXCHANGE BANK.

The main idea was that an interns→ tional exchange bank should be estab- Hshed with unlimited capital-backed, that was, by the credit of all the Gov- ernments taking partThisbank. should receive from each country a pledge of gold or approved securities, against which it should issue cert: ficates, obligations, mores, on gold basis, in which all international mu sactions should be carried out. This new currency would be essentially a money of account only; the obligations. would only ultimately be convertible into gold, and meanwhile would, be simply a medium of barter, convert ible in each country, at offices of the central bank, to the currency of the country. The immediate needs of the different countries for credits would. be met by the fiduciary Issue of obliga tions to a certain multiple of the gold and securities which that country had deposited, proper regard being had to the evidence which that country could give if its ability and goodwill to`re- deem this duciary issue within, a reasonable limit of time.

There were obvious theoretical argumentis in favour of a general international unit of exchange, parti- 'cularly at a moment of confusion like. the present. In practice that fine- tion had hitherto been taken by the pound sterling." and he "brought this matter before them because it seemed not unlikely that an organised attempt might be made at the proposed "con ference, if it met on the part of the neutral rationals to supersede the £ in favour of a new unit. - Indeed, he noticed with some surprise, that the Swedish pamphlet was addressed in its title to "The members of the In- ternational Conference for regularing the Inter-State Currency Question." He was not aware of the existence of such a conference, and he strongly suspected that it was in reality the conference suggested Td the memor andum id which he had referred, the memorandum presented to the various-

DOUGLAS STEAMSHIP CO., LTD. Governments asking them to appoint

representatives to consider nct an inter-State currency but he means by which credits could be given to the

HONGKONG & SOUTH CHINA COAST PORT SERVICE. EGÜLAR SERVICE of Fast High Clase Coast Steamers Daring good various distressed States of Europe to Rodales for First Class Posters, fecicle Light and Fata in Biada coma, enable them to resume normal com and Baloons. Excellent Culains..

SWATOW, AMOY & FOOCHOW

MORJALTA (HAILOONG) ...) НАНОКО осно HAICHING

AND BETUEN,

(Occupying to. 10 Days)

·DATTAMI

TRAYING.

Capt. Ed Walker TUESDAY, 18th April, at 1 p.m. Cape W. O, Passmore........ | SATURDAY, 17th April at 3pt Caph A. H. Stewart.... TUESDAY, 10th April at I p.m.

SWATOW, AMOY, Arrivals and Departures from the Company's Wharf (near Blake Pier).

For FREIGHT and FABBAGE syply tom

Omeral, Manageri.

· DOUGLAS LAPRAIK & Co.

merce.

The fact was that the prestige of the pourd was at present under 2 cloud, and one could see fast" the time might seem. favourable, for an attack upon it. It was well that we and get our minds clear as to wint should be prepared for such an attack,

it meant. So long as the pound was mot freely exchangeable in the Lon don market for the equivalent amount of gold its efficiency was unquestion ably impaired. The one certain de- fence for the supremacy of the pound: was the reopening of the London mar- ket; and that could only be obtained by

AMERICAN & ORIENTAL LINE dealing with the twis elements which

FOR BOSTON & NEW YORK,

8.5. LUCERIC "vie Panama and Havana... April 20.

ORIENTAL AFRICAN LINE, INDIAN AFRICAN LINE,

THE BANK LINE, LTD.

MAXÁNINGARTIG

ELLERMAN"

LINE

shared in the depreciation of the pound, the adverse trade balance, and the excess of aur paper currency. In spite of all difficulties, the fact re- mained that the pound was holding its own in the international market, and. seemed likely to do so. There was a time," not so long ago, when the United States were threatening to sup- plant it with the dollar That time. seemed to have passed. Our Ameri-

Cargo carried on through Ells of Lading from HONGKONG to REIRA, can friends were as glad as they ever DELAGOA BAY, DURBAN (Natal), RAST LONDON, PORT ELIZABETH and were to have credits in London for CAPE TOWN direct or with teanalifpment at CALCUTTA and/or COLOMBO, | their international balance. There had no doubt been a certain amount, For particulars apply to :—

of drawing in dollars on New York rather than in pounds on London; it had been chiefly in the South Amer can trade the one region in which the Americas vére making a serious ettempt to take our plece. Bur be doubted whether dollar bills were in- creasing, and fio was sure that the pound was holding its own. In fact, he did not think the world could do without it at the present moment But we must recognise that its posi- tion was assailable, at least in theory, and that the moment was propitious for those who would be glad to see it supplanted, w

(Ellerman & Bucknall Steamship Co. Ltd.)

JAPAN, CHINA AND STRAITS

ΤΟ

UNITED KINGDOM & CONTINENT.

YOR PARTICULARS OF BAILINGS SHIPPERS ÄRE REQUESTED, TO APPROACH THE UNDERSIGNED;"

LONDON AND ROTTERDAM .....” KAZEMBE”

Bubject to change without notica,

Or to-ERIES & Co... Canton.

BAILS.

THIS 20th May.

THE BANK LINE, LTD.

General Agele

NEW YORK DIRECT.

JOINT BERVICE OF THE ・・

"BLUE FUNNEL" LINE (OCEAN BE CO, LD, & CHINA MUTUAL AN, CO., LD.)

It was, therefore, desirable that we should, bei torewarned, and if we went ino international conference, should.be fully prepared to meet and discuss, after previous reflection, any proposals which might be brought forward. He did not desire to prejudze the ques tion his own preconceived.opinions were, of course, always in favour of the pound sterling, but we had had to give up a good many preconceived opinions. The question of an inter national money of account might not come into practical politics at all, büt

AMERICAN & MANCHURIAN LINE my case it was a most inte

(ELLERMAN & BUCKNALL SS, 00. L.)

*KAILINGA PROM - HONGKONG"

CITY OF COLUMBO?". EURYMACHUS":

alls at Boston.

via Bucz

Biesmara proceed, vis Buies Canál or Panama Canal at Owners' dullon. Eutect to change without

Zelephone 2574 ADDERST&,

Leaves Hongkong

space, sailings, me, apply to

TSUTSUMI MANAGER,,,

Building

Ed For Fulcht snif “BUTTERFIELD & SWIRE) "HONAKONGWESCANTEEN

theoretical idea and time would not be wasted. And just the sort of theory wh not be left to the theodists matter where the man must in the last resort sa word. That was why he ventured bring it forward,

BOAT

THE BANK LINE LD, HONGKONG, TA£6 WALLA WALLÁ

REISE & CO.,

NTON.

in your ship Phone No 3816