1930-01-31 — Page 4

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SAN FRANCISCO via Shangħal, Japan Parts & Honolulu.

KOREA MARU

SHINYO MARU

SIBERIA MARU .....

SHIDZUOKA MANU

SEATTLE, VICTORIA via Shanghai & Japan Ports.

Thursday, 6th February. Wednesday, 19th February.

Wednesday, 12th February, Friday,

28th FebruaTY,

Saturday, 8th February, Saturday, 22nd February,

LONDON, MARSEILLES, ANTWERP, ROTTERDAM vla

Singapore, Penang, Colombo, Suez.

HAKUSAN MARU

KITANO MARU

SYDNEY & MELBOURNE via Manila & Ports,

KAGA MARU

TANGO MARU

Wednesday, 19th February, Wednesday, 26th March.

BOMBAY via Singapore, Penang, & Colombo.

+ BENGAL MARU

NEW YORK, BOSTON via Panama.

TAMBA MARU

† ATAGO MARU

† KUMA MARU

Monday, CALCUTTA vin Singapore. Penang & Rangoon,

† CALCUTTA MARU

Saturday,

5th February.

Friday,

31st January. Thursday, 18th February. LIVERPOOL via Port Said, Constantinople, Genos.

+ DELAGOA MARU

17th February.

8th February.

Friday, 31st January. Tuesday, 11th February, SOUTH AMERICA (West Coast) via Japan, Honolulu, Los Angeles,

Mexico & Panama, RAKUYO MARU

2nd February. SOUTH AMERICA (East Coast) vin Singapore, Cape Town & Ports.

BINGO MARU

Wednesday,

Sunday,

.

31st January.

4th February.

SHANGHAI KOBE & YOKOHAMA.

KANAGAWA MARU (Moft direct) Friday, KAMO MARU

Tuesday,

+ MURORAN MARU (Chemulpo direct) Tuesday,

Cargo only.

Reduced 1st Class Excursion Paten For further Inforination apply to Tel. Central No. 292. 3827 and 3821,

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misted between Macile and Acetralia. NIPPON YUSEN KAISHA

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LONDON, HAMBURG. ROTTERDAM &

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THE CHINA

SHIPPING

FUTURE OF EMPIRE

TRADE

SIR A. ANDERSON ON POSITION IN AUSTRALIA

ORIENT LINE PROGRESS

London, Dec. 21, 1929. Presiding over the

annual meeting of the Orient Steam Navigation Company, Sir Alan G. Anderson (the chairman) not only revealed the prosperity of the Orient Line, but analysed the situation of Anglo-Australian shipping and trade developments. The Chairman, in moving the adoption of the report and ac- counts, said:--

☺

SECTION.

MAIL.

35

Australia, whose natural export of butter must at present costs: be helped by a bounty.

The amount that Australia has Available to spend abroad, xdd- Ing together har exports and loans to her from overseas, will next. year probably fall short of the amount disposable in recent years

by at least £90,000,000, or 17 per cent. I saw a much bigger figure the other day.

Nor can the United Kingdom show a very healthy trade bal- ance. Looking back on economic when our history. It seems that aky clouds, Australia has a bad

:

FRIDAY, JANUARY 31, 1930..

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to EUROPE

via CANADA

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DEPARTURE HOURS:

although we cannot always escape blame, we hear much more praise. In particular I noticed on evory the officers and men ship that were quite obviously doing their best to make passengers comfort able, and this is just the welcome we all want when we travel. have been to Australia twice in the time, too, and history is repeat- Ing itself. We and Australia are last three years.

suffering from the same com- Successful Cruises Our revenue. as you know, la plaint, and perhaps must take the

medicine. same

Here and in derived mainly from passengers.

too high or We served 6 million meals last Australia costs are

not high enough. year. Of the passenger revenue production la we derive approximately half from Admitting all the more comfort- third class. Almost all our third-ing features, we have the dia- class passengers travel on buai- quieting fact that our staple in- cotton and steal, to and from dustries, coal, ness and pleasure Australia. Of our first-class pas- are in sorry plight, and, if these sengers, last year. only half in fall, we shall find it increasingly number could be described difficult to keep our aversen trade

with In order to make comparison through traffic Australin. and to feed our people. easy we alter the form of our ac- We ran 11 cruises and, except for

Free Nations count as little and as seldom as опе mishap, about which you These two free nations, Austra- possible, but this year you heard 12 months ago, they were lia and Britain, agree in having will notice changes due to a success, and we had much carried democratie liberty to ita the

Company Law. Our praise from passengers to pass on logical extreme. We and they Investments are now separ- to the ships' companies. Cruises seek

reasonable good wages, ated and shown as: Fleet, never show, anough profit to pay leisure and comfort. We and premises, &c.. £3,450,000; invest- the fall hire of a ship, and the they spend generously to help the ments, £1,917,000—a total of number of cruises offered this young and the old. We agree In £5,267,000, which is roughly year out-distanced the demand. this policy, but to pay our bills £100,000 more than the single In 1929, for instance, the berths we must sell our goods, and low item fleet, plant, and investments offered for Mediterranean cruises production will not pay high costs. shown in the balance-sheet last excended by 50

per cent. the When, by a common effort of em

year.

ber offered in 1928, with the players and employee, Great Bri Each of these two Items of in-natural reault that some ships tain and Australia can once again vestment has been fully written went very short.

produce their main staple exports down. On the other side of the

Australian Progress

at the right price, our health will balance-sheet the creditors ате In these various ways we at have returned and the strength £170,000 less than last year, be-tract business and pleasure travel of each will help the other. cause during the year we have to the sea and to supplement the Prosperity la catching, and paid off part of our debt to build- revenue from our main trade with aprende even faster from one re- ers for new tonnage.

Australia, but our chief concern lative to another than between, In looking ahead is the barometer strangers. An active clan spirit

Australian pros- helps the whole clan.·

Our own of British and pority, and in neither of these coun- folk in the British Dominions pro- raw material we tries, which are so closely linked in duce food and trade, is the barometer set fair, need in Great Britain and it is as well as good although no one who visits Aus- good business

to see how fast she has grown. these essential supplies it is safer In proof of this I gave you some to rely upon fellow-citizens than figures last year, and will not re- upon foreigners, and our kinsmen our beat customers. These peat them. England cannot show are such clear algns of progress. are strong arguments, but I am

is the third largest river in the Chin- British trade is complex, and we not sure that the policy is yet

ese Republic and second only to the so much in some ripe for electoral propagande.Yangtare in importance. This magni- have suffered was very good. We ask you to sp-great staple exports that we may Much as we resemble each other prove allocations, pensions re-overlook our general well-being.

ficent trade route was opened to for. in our methods, our fortunes and serve £25,000, general reserve

Under the Empire Settlement our ideas, we and the Australiansign traffic in 1897, but how many

THURS. 13th Of British voters, the few who years 1926 and 1926 received some

waterway? T'ho scenery along the For information apply to Economy of Modern Steam Engine 32,000 settlers. In 1928 only read statistica will remark that route is beautiful. We recommend it As to the details of expense,. 120,000 were sent, and until condi- the two largest purchasers of our to any person who wishes to spend a have nothing of special intorest, tions Improve even this reduced exports are India and Australia,short and economical holiday. except perhaps to call your atten- figure will shrink. As expensive the one with teeming millions, the tion to the remarkable economy ships have been built to carry a other with few but very friendly of the modern steam engine. present 32,000, and the Increase | buyers-long may their number After allowing for the difference which was expected, it is evident and the friendship grow! Third

our new that for some years third-class ac-and-fourth come the United States (rightly or wrongly) Free Trade In protection even to help British 20,000 ton steamers burn rather commodation will far exceed the and Germany. In 16 years from Britain and Protection in Australia. manufacturers? Will they risk less per mile than our 12,000-ton traffic, while with her decreased | 1919, In spite of the marvellous The many British voters who patting themselves out of work? steamers built 20 years ago. Qur

buying power and increased tariff, | prosperity of the United States dislike statistics, but love the To them Protection is the grand- Ormonde is only 12 years old, but the space offered for cargo to and our great burdens, our pur-"big loaf" and the "free breakfast mother and Free Trade the hun- the gain in economy has been 80 Australia will exceed M. TAKEUCHI, Manager, rapid that we have this year re- by even more than it has recent- have grown more than twice as Riding Hood when they ace a

the cargo chases from the United States table," may be as scared as Red gry wolf.

But, even if the policy of the placed the turbines of Ormonde, ly.

much in value as our sales to tariff for them under the name clan needs more thought before and the fuel we save will pay for

In England we have a similar them have grown. Our trade with of Free Trade for the Empire. an inspiring ideal becomes a poll- the new turbines in some three situation. Almost inevitably, as the United States is of great How will they vote? Will they tical programme, we may be per- years,

Industry spreads in new countries, value, but one Australian buys as assure themselves a regular food mitted to hope that the forthcom- During the year.

Mesere. the share of old countries shrinks, much of our goods es 22 citizens supply from friends, or will they ing Imperial Conference will not Vickers, of Barrow, delivered the In 14 years since 1918, the Unit of the United States. What do fear the tariff as a wolf greedy to only bring us closer to one an- Orontes, and she is now on her ed Kingdom's share of world ex-duction the few who read statis. gobble up their big loaf and other in trade polley, but will also first voyage.

We now have five ports has fallen 13 per cent. and tics will draw from them may them? The Australian voter is a remove friction which may soon. of these 20,000-ton ships. The of world trade 3% per cent. Ex-perhaps depend on where they protectionist. Protected second- or. or later drive us apart. more I voyage on them the more cluding the United Kingdom from read them, and it may be that ary industries employ as many Neither Great Britain nor Austra- grateful I am to their bullders Europe, Europe's share of world "after much argument about it, Australians as the whole primary lia need wait for the Imperial (Messra. Vickers built four and exports has fallen 17 per cent, they will go out by the same door production. Will these protected Conference to check the ascend- Mesars. John Brown one), and to rather more than ours.

that in they went"-a door labelled, wage-earners vote to remove their Continued on Page 5.) our officials and colleagues who,

Looked at from outside, the with the builders, took infinite partial bankruptcy of a rival pains over their details.

country appears as a direct gift to its exporting nationals, and We have suffered severely from the currency collapse and, low wages men, of our neighbours, but even bank- with the help of our staff in Lon- ruptey can be carried too far, don and Australia, have tackled and Russia in her distress lost

RIO DE JANEIRO, SANTOS & BUENOS AIRES-Via Saigor, Singapore, things are about to be, we hope tralia from time to time can fail feeling to buy from them.

Columbo, Dorban & Cape Town.

Our profit and loss account shows that the profit on the year's working was £391,000, as against £450,000 last year and £395,000 the year before. As things have been and are, and still more as

this will seem to you a good re- sult. I do not wish to prophesy evil, but whatever you may think about this result, I am afraid that, when you look back in twelve DURBAN, LOURENCO MARQUES, BEIRA, DAR-ES-SALAAM, ZANZI- months time, you will think it

BAR & MOMBASA-Via Singapore & Colombo.

HAWAII MARU

HOMBAY--Via Singapore & Colombo.

* HONOLULU MARU

(Proceeds to Karachi.)

SHINNOH MARU

CHICAGO MARU

ANTWERP-Via Singapore

Tuesday, 25th February.

Tuesday, 4th February.

Wednesday, 19th February.

Friday, 7th February.

CALCUTTA-Via Singapors, Penang & Rangoon

Saturday, 1st February. Tuesday, 18th February.

For

The Sal Kong for the West River)

£125,000, which follows previous Act, Australia in each of the are in fiscal policy antipodean. foreigners travel on this important

SEATTLE MARU KASADO MARU VICTORIA, SEATTLE, TACOMA & VANCOUVER Via Japan Porte from practice.

Shanghai

AFRICA MARU (From Shanghai). Sunday, 2nd February. MELBOURNE-Via Manila, Brisbane & Sydney.

HIMALAYA MARU

EAIPHONG.Vin Hoihar & Pakhok

MENADO MARU

NEW YORK-Via Japan ports, San Francisco & Panama.

JAPAN PORTS.

KEELUNG-Via Swatow & Amoy.

CANTON MARU

TAKAO-Vla SWATOW & AMOY.

TAKAO & KEELUNG.

BATAVIA MARU

Friday, 7th February.

Thursday, 6th Feb., 10 a..

Sunday, 2nd February, Noon

Saturday, 8th February.

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SHIPBUILDERS,

SHIP REPAIRERS, BOILER MAKERS, FORGE MASTERS, OXY-ACETYLENE, AND

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"

between oil and coal

It is a large order for a small company like us to organise five new ships in six years, but our commanders, officers and

the problem with goodwill and, two-thirds of her trade. In the result, our export trade seams to have suffered less than the trade of Europe, either because of or in spite of these miseries, so per- haps, after all, a stable currency and a contented people have economic value.

-DRY DOCK-

Length 787 Fest, Length on Blocks 750 Feet. Depth on Centre of

THE TAIKOO DOCKYARD & ENGINEERING COMPANY

OF HONG KONG, LIMITED.

SALVAGE TUG “TAIKOO”

Wireless Call

V.F.G.N. 600 Meters.

KONG

Sill (H.W.O.S.T.) 34 ft. :6 [ns.

THREE SLIPWAYS

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· to 3,000 Tons Displacement, Electric Crane at Sea Wall, Capable of Lifting 100 Tons at 70 Feet Radius

BUTTERFIELD & SWIRE,

AGENTO. HONG KONG CHINA JAPAN

an

In 1928 the total exports of United Kingdom goods were, in volume, 80 per cent. of 1913 ex- ports, but if coal' and cotton are reserved for spécial treatment, and excluded from the figures, the remainder of the United Kingdom goods exported rose in value from $348,000,000 in 1913 to £507,000,- 000 in 1928, or 145 per cent, while the Board of Trade index of wholesala prices rose only" to 140 per cent of 1913. Apart, therefore, from coal and cotton, our sales increased in those 15 years by ́à value greater than the Index of goods we consumed. A Loss of Coal Exports

Conta in Austfalia are high, wool and wheat prices have fallen, and exports are hard to sell at a profit. Australia once sold. coil all over the Pacific: at pre- sent costs pho sells no coal abroad for the same reason of high coat, England proposes to tax bar domestic users of coal in order to sell coal to their foreign Competitors below cost. In this aty on export wezilva donted

Hong Kong 5.30 p.m. Wuchow 130 p.m..

·S.S. "TAI DING"

[1,068 tona-Cap Trott.) FEBRUARY

WED. 5th FRI.

MON. 10th

SUN.

16th

21st

WED. 26th

B.S. "TAI MING" [649 ton-Capt. G. J. Spink.] FEBRUARY MON. 3rd TUES.

8th MON.

SAT.

18th

. 24th

KWONG WING C

87, Connaught Road West, Phone: Central 893.

BANK LINE LTD.

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SAILINGS SUBJECT TO ALTERATION WITHOUT NOTICE.

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.14th February,

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SERVICES TO

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19th March..

AMERICAN & ORIENTAL LINE

15th February.***

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Loading for Mauritius, Reunion, Delagos Bay, Durban, East London, Algoa Bay (Port Elizabeth),

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