1952-01-29 — Page 9

THE CHINA MAIL, TUESDAY, JANUARY 29, 1952.

ROYAL INTEROCEAN LINES CHANCELLOR TO REVEAL MESSAGERIES MARITIMES

SAILINGS

"VAN HEUTAZ" Feb. 2rd "TAIWANGI

"TITJALENGKA"

Feb. 2014

Feb.

Feb. oth

To

Singapore, Pranog & Belawan Dolɛ Singapore, Difaarte. Semarang,

Sárabála az Macaskar

Singapore, Mauritius, Dar-es-Salam. Zanzibar, 6. Africa & S. America Japan Ports

Singapore,

Ajakarta, Semarang,

Sidrabaja & Datastar

Djakarta, Bemarang, Surabgia

Macassar

Japan

*

Singapore, Penang & Bolawan Den

Singapore

Djakarta, Semarang.

Surabala & Mincassat

Djakarta,

Tirebo

Sogabala & Macassar Matikka, Ninga DOLO *

Smustabe.

S.

Atrich

Hingapore, Mauritius, S. Africa &

5. AmerlċA

Singapore, DJakarta,

Súrabgia & Macariar

Djakarta Titrebon,

Buradala A Macassar

Semarang.

Semarang,

Manila. Singapore. Mauritius, 5. 4 8.

Africa & R. America Singapore, Djakarta,

"TASMAN"

"TIILUWAH”

Feb. 16th

"TZQODAS"

reh. 13th

TRJISADANE" "TASMAN" "TJIWANGI

"TJIPONDOK"

"TJIANAS" PTJISADANE"

Feb. CCN Feb. 29th Mar

2nd

Mar 5th

Mar ZEN

Mar. 8th

"TJIŁUWAB"

"TKAMPEK"

Mar

Mat

"BOISSEVAIN"

16th

23rd

Mar Zard

"TJIWANGN

Apr 2nd

"VAN HEUTSZ"

"ISIGODAS"

“TJILUWAH"

"TJIWANGI

Арт 21h Apr 14th

Apr

16ch

Apr 28th May 2nd

"STRAAT

May 2nd

MAKASYAR

TJILUWAR"

May 16th

ARRIVALS

་----་

Jan 30th

Japan Japan

"TASMAN"

"TITJALENGKA" Cele 4th

**BOIBSEVAIN”

"TABMAN"

Frb.

814

"TJHLUWÀB"

Feb. 10th

"TJISADANE”

"VAN KEUTSZ"

Feb 12th

Fet X7th

CRISIS REMEDIES

Drastic Measures

Forecast

(FROM OUR OWN CORRESPONDENT}

London, Jan. 28.

The economic measures which Mr R. A. Butler, Chancellor of the Exchequer, is to announce on Tuesday will be anxiously awaited not only by the people of this country, who will, of course, be most immediately affected, but also by people throughout the Commonwealth.

The Commonwealth governments will shortly have to frame similar, Semarang. though perhaps less drastio, measures to puli the Sterling Area through

the present period of crisis.

Hurabata & Macassar Singapore, Penang & Belawan Doll

Jakarta,

Tirabon.

Semarang,

BATAS,

Surabais & Macassar

Djakarta, Singapore.

Burabata & Macasing Aingapore. Penang & Betawau Dell Singapore,

DJakarte. Bemarang, Súrabala & Macassar Manila. Singapore, Mauritius, E. & 8.

Africa B. America Singapore. Djakarta,

Surabata & Macasior

From

Bergarang.

Penang, Belawan Dell & Singapore Macassar

Surabala. Semarang,

Djakarta & Singapore

8. America, E&S. Africa Singapore &

Manila

Penang. Belawan Deli & Blugapore

General Agents,

HOLLAND EAST ASIA LINE

The Chancellor's

speech will

in fact set in motion an economic chain reaction which will be felt in every corner of the Common wealth.

The policy outlined in general terms in the communique issued after the Commonwealth Finance Ministers' conference has 130 main objectives. The first is to bring the Sterling Area into balance with the rest of the world at the latest by the secossi half of this rear-including a least a balance with the dollar

these ot

the

Aluminium For U.S. Car Industry

Washington, Jan. 28. Senator Blair Moody said to- 'night that Government officials are very confident that they will be able to spare enough extra aluminium to let the car industry turn put $80,000 cars during April, May and June.

Senator Moody tola newsmen be was informed that the re- phasing of the 143-wing air force programme will make available several million more pounds of aluminium for the second three months of this year.

He believes that two million sounds of this can be diverted to

to

fewer

Nelthei

measures, exporting industries—especially i however, is likely to help much those producing capital goods

for Immediate and also

restricting still the car industry-enough in achieving the objective, which is to bring the further the level of home invest-chable car makers to reach their Government-set ceiling of 930,000 Sterling Area into balance with ment.

But, while disinflation and an care during the period. the rest of the world by the second half of the year.

expansion of exports are both The Michigan Democrat said

meutis 1101 T'his country

already clearly necessary and desirable, | re-phasing has

air force but a taken certain steps to combat a good deal obviously depends planes for the internal inflation but it will be

on the third and final line of different schedule for their

deliveries. recommended by some time yet before their full action effect is felt throughout the Finance Ministers namely

Imports Here before disinflationary economy. It will be even longer reduction

again. however our feld

The UK. put into action is limited. framed and can be effect in other

of the Government recently decided t parts Secondly, the Commonwealth Commonwealth.

cut our overseas expenditure by twive agreed to governments

£350 million a year and a large work towards the final goal of recovery "by progressive

steps aimed at creating the conditions under which convertibility can be reached and maintained."

In considering how the first of objectives can be reached to realise the is important seriousness of the erisis which

Brea

Chose

it

SAILINGS TO EUROPE

"OVERIJBEL."

Feb.

323

"BOOGKERE"

Mar

7th

"ARENDSKEEK"

Apr.

12h

"KIBLDRECHT"

May

BAILINGS FROM EUROPE

Ball Kotterdam

Arrives

Hongkong

"HOOGKERK"

Halled Jag. 3rd

Feb

8th

"ARENDSKERK"

Jun. 30th

Mar.

Di u

"KIELDRECHT

Mat

5th

ADI.

10th

"AAGTEKENK"

Apr

2nd

May

"OVERUJĄEL"

May

2nd

June

7th

KING'S BUILDING. ́ TELEPHONES: 28015 TO 28017 CHINESE AGENTS, 82, CONNAUGHT ROAD, E. 171,5; 31996, 25 EAT

JARDINE MATHESON &

FREIGHT DEPARTMENT PASSAGE DEPARTMENT

16/18 PEDDER STREET TELEPHONE 30311

*HANGBANG"

2.9.

"WINGSANG"

16. CHUNBANG"

1.4. "TAKBANG"

LJ.

"LOKSANG"

1.9. "WINGSANO"

"CHUNSANG"

"EBANG”

CHIVAS.NE. CO. LTD.

SAILINGS TO

Osaka & Moj!

Keciung

- Fientsin

Singapore, Penang &

Calcutta

Japan Ports

ARRIVALS FROM

Kerlung Tient.m

- Coicutta, Straks, Bangkok

& Balgon .......

Cargo accepted en through Fills of 'Lading for KUCHING, SIAU PONTIANAK MADRAS vim Singapore and for KUDAT, JESSELTON, LABUAN

TAWAU LAHAD-BATU & SEM-

PORNA via Bandakan.

AUSTRALIA CHINA LINE

m.v. "KAFIRISTAN"

ARRIVALS

From Australia Porix

GLEN LINE LTD.

1.V

SCHEDULED SAILINGS ΤΟ U.K. *

"BRECONSAME"

lat Feh

3rd Feb

measures

Even so it is logical to begin. by taking disinflationary action. and Mr Butler will deal fuily with this aspect of policy on Tuesday This part of his also give some speech should

the Govern indication of how ment proposes lo reduce expendi ture in the public sector of the

Jaces the Sterling Area The economy. Finance Ministers svated the situation

"The

Â

quile briefly. rasis," they said. "has arisen because the Sterling Area es whole is spending more than it is carning, with the result that its gold and dollar reserves have been falling at a rapid mate."

thits

BEGINS AT HOME

It is clear that in the face of situation something more than temporary expedients will be necessary. The remedy must begin at home, and the first step is to ensure that the internal economy is Bound and that all possible measures are taken to conbat intiation."

Next we must increase ex- ports and earning power" where possible with the help of long-term borrowing outside the Sterling Area,

***

EXPORT NEEDS

part of this sum was to be saved Western Europe. Any further by reducing imports fron

cuts that are to be made must herefore aim at saving curren- es other than those of Western Europe.

The Finance Ministers were careful to avoid giving the im- pression that the Sterling Area !countries were unable to salve the present crisis through their

Self-help

An increase in exports con

own internal efforts. and must be achieved but it was the keynote of their com- doubtful whether action can be

But there are munique taken quickly enough to have

factors Lain

bearing on any material effect on ouï

which probler over balance of payments

for the Sterling

Area countries second half of the year. A good have ro control. Mr Butler!

deal of the expansion in earning stressed this in a speech

come from sources power must outside Britain and this must await the outcome of the pre- sent investigation into possible | means of increasing Common wealth production.

So far as this country is con- cerned an increase in exports

can

week.

U.S. CAN HELP

cer- the the can

The extra aluminium not only will help car makers but also will make more of the scarce material available for

many small businesses threatened with shut-downs due to the present tight allotment.-United Press.

New Monetary

Policies

New York, Jan. 28. There is a growing ovement in Western Europe to return the Central Banks to a position of independent authority, according to Mr Jacobson, economic adviser to the Bank for International Settlements.

Addressing the National Indus- trial Conference Board, Mr Jacobson outlined the effects of the recent

stiffening of credit last regulations in Western Germany,

Holland, Belgium,

Denmark, Italy and Switzerland.

were

The re-establishment and the continuation of monetary balance in these

countries

the He pointed out that the fall

of the of 13 per cent in the total significant achievements

When a 5tates

last past year, United

he said. impoďte September and October, Com country manages to establish in- only be achieved at the pared with В year before, was |ternal equilibrium between ita expense of home consumption of minor significance to the U.S.

money volume and the volume Mr Butler is therefore expected economy but of vital importance almost

of its

gonds and services to give more details of the to the Sterling Area, whose ex-

automatically achieves Government's plans for making ports to the US. fell by the equilibrium in the balance of its Paw thaterials available to the same percentage over the period. Payments, he declared. The "That shows what a differ- experience of European countries shows that an increase of the small in

is an integral "When the change is large the part of a sound credit restriction effect can be catamrophic."

policy, he added.—United Press. These fluctuations in Ameri-

AMERICAN MAIL LINE, LTD.ditions can make," he said rate of interest

10 Feb

14th Feb.

17th Feb

31st Jan.

8th Feb.

14th Feb.

VESSELA

29111 Fib

CONTINENT

Arriving 2nd February, soils 4th February, for strafts, Colombo, Adon, Port Said, London, Antwerp, Rotterdam & Hamburg.

m.v. "GLENGARRY"

1.3.

Loads 17th February, sails 19th Februays, for straiks, Colombo, AdAD, Port Bald, Genoa, London, Rotterdam Bamburg!

Accepts Cargo for Antwerp with Transhipment.

(Carriers option to proceed via other ports to load/discharge cargo)

SCHEDULED ARRIVALS FROM LONDON

"GLENGARRY"

m.v. "GLENKÄRN"

M.Y. "RADNORSHIBE"

. "GLENGYLE"

Leaves London Due 5.5. Salled at Dee. 5th Feb.

Salled 10th Jan 16th Feb. 27th Feb. Sailed 10th Jen.

9th Feb. 11th Mar,

(All outward vessels accept cargo for Janaff)

1. "GLENBEC"

# "GLENIFFER"

INTERMEDIATE SERVICE

Sated from London

1st Dec.

Due Hongkong

3tat Jan.

Sailed from Ú‚K.

20th Jan.

Due Hongkong

MOT.

PRINCE LINE LTD

ROUND THE WORLD SERVICE

m. "CINGALESE PRINCE"

Arrives, loads and salle 13th February, for Halifax, Montreal, Bos- ton, New York, Hampton Roads, Charleston win Manila, Djakarta. Stratte (Accepts cargo on Through Bills of Lading for Bermuda, West Indies,

Central & Booth America).

SCHEDULED SAILINGS FROM USA, ATLANTIQ

PACIFIC COAST_PORT_FOR_BONGKONG VÍR

MANILA and JAPAN.

M.Y. "CINGALESE PRINCE”

s. "DRITISH. PRINCE

m.v.

EASTERN PRINCE*

Sai N.X. Safle 8.F. Due H.K. 10th Dec. 5th Jan. 18th Feb, 14th Feb, Oh Mar. 11th Am. ason Feb. 10th Mar, 23rd AD

PACIFIC TRANSPORT LINES

•TO SAN FRANCISCO & LOS ANGELES

via. Kahan& Yokohama

NADNORONG TRANSPORTING DUBH, Tah.

ACIFIC TRANSPORT” [FEIDA TRANSFUST””.

..30th Feb.

Calis

Entah, Jug ką" Toland Chijes Wast Indies & Boulh Amorten,

VANCOUVER, B.C.-SEATTLE-PORTLAND THROUGH SHIPMENT OVERLAND TO ALL AMERICAN CITIES INCLUDING CHICAGO AND NEW YORK.

ARRIVER SAILD

FOR

Maniis Feb 2 Japan. Vancouver, B.C.,

Seattle & Portland

E

"ISLAND MAIL" Jan. 3D Jan 31 "AMERICAN MAIL" Fo E

"WASHINGTON MAIL"reb A Feb

EVERETT STEAMSHIP CORPORATION S/A General Agents; Hongkong, 1 Ice House Street, Telephone 31206. Chinese Department: Telephone 28298,

EVERETT ORIENT LINE

FAST CARGO AND PASSENGERS SERVICE REFRIGERATION SPACES AVAILABLE FOR KOREA, JAPAN, CHINA, PHILIPPINES, INDO- CHINA, SIAM, MALAYA AND EAST COAST INDIAN PORTS,

VESSELS

ARRIVES FROM

ང

Feb 5

BAILS FOR

"REBEVERETT"

Singapore Feb. "BRADEVERETT“ Feb. a Manila Feb.

6 Japon

5 Singapore, Iening. Rangoon, Chataging & Calcutta

TRANSHIPMENT CONNECTIONS TRANSPACIFIC EVERETT STEAMSHIP CORPORATION S/A Hongkong, 1 Ice House Street, Telephone 31206,

Chinese Department: Telephone 28299.-

OFFICES AT MANILA-SHANGHAI-TOKYO-YOKOHAMA--- KOBE-OSAKA-SEOUL—PUSAN

EVERETT STAR LINE

FAST CARGO AND REFRIGERATION SPACES. AVAILABLE FOR KOREA, JAPAN CHINA, PHILIPPINES, INDO-CHINA, SIAM, MALAYA, CEYLON, WEST COAST INDIAN AND PERSIAN GULF PORTS,

FIRST CLASS PASSENGER ACCOMMODATION

M.S, “STAR ALCYONE”

LOADING

Feb. 2o SAILING For

KOBE AND YOKOHAMA, TRANSHIPMENT CONNECTIONS TRANSPACIFIC EVERETT STEAMSHIP CORPORATION 9/A Hongkong, 1 Ice House Street, Telephone #1800. Chinoge Department: Telephone 288P8)

OFF

MANILA SHANGHAI TOKYO YOKOHAMA—– KOBE OSAKA - SEOUL UBAN

niss

US Production Of Woollens

The

Washington, Jan. 28. Commerce Department that the pro- woollens end

of

can business activity are of im- rtance to the long- raense importança

or the Sterling of range plans Area. Therefore, besides being the most obvious not the only source of gutelde fapi- al for Commonwealth economis development, the United States reported today can

help by regulating duction

Area worsteds averaged 12,800,000 their purchases of Sterling commodities. Later their helppounds per week in November, will again be needed in treating four per cent above the October The conditions un which level of 12,300,000

under

pounds per week. Sterling can be made conver- tible.

Tatal production during the In the meantime the U.S. decision to resume substantial firat eleven months of 1951,

however, purchases of lin should have a

was 12 per cent "more Immediate effect on the below production during the level of the gold and dollar re- same period of 1950-United

Press.

serves.

BARBER-WILHELMSEN LINE

FORTNIGHTLY EXPRESS SERVICE

M/V "GLENVILLE"

LOADING 4th FEBRUARY

for

New York. Baltimore, Boston

and Philadelphia, via

San Francisco, Los Angeles,

and Panama.

Transhipment cargo accepted for South American and Caribbean and West Indies Porta,

DODWELL & CO., LTD.

Agents.

MOM

“ZEĻIRJA”

+"BASTIA" *"“MORTAIN"

*“ZELINJA”

Arriving Leaving

Feb. 15 Feb,

In Port

Jan. 29 BEAR. 6 MR. 1

Mar. 2 MIT.

passengers & freight.

"

Kobe, Yokohamą Homeward For

N, Africa, & Europs N. Africa & Europ N. Africa & Kurape

# freight for Saigon. Port Said, Tunis, Algiers; Oran, Tangler, Casablanca, Havre, Dunkirk, Antwerp & Rotterdam.

Bubject To Change Without Notice

CIE DES MESSAGERIES MARITIMES

P.O. Box 58, Hongkong Queen's Building (gr. floor) Tel. 26651 (3 lines),

MAERSK LINE

FAST FORTNIGHTLY SERVICE TO:

NEW YORK, BOSTON, BALTIMORE ⇓ PHILADELPHIA vin SAN FRANCISCO, LOS ANGELES AND PANAMA.

NEXT SAILINGS

M.S. "OLGA MAERSK" M.S. "JEPPESEN MAERSK” M.S. "HULDA MAERSK”

ARRIVALS FROM U.S.A.

M.S. "TREIN MAERSK"

M.S. "PETER MAERSK" M.S. "NICOLINE MAERSK"

Feb. 2 Feb. 14

Mar. 2

Feb. 15

Feb.

29

Mar. 17

For Freight and Further Particulars please apply to:-

AGENTS:

JEBSEN & CO.

Pedder Building.

DODWELL

Tel: Nos. 36066.9.

BARBER LINE

& CO LTD

FROM U.S. ATLANTIC & PACIFIC COAST PORTS

m.7. "TAMESIS”......

9th Feb.

BARBER WILHELMSEN LINE TO PACIFIC & ATLANTIC COAST PORTS via JAPAN

m.v. "GLENVILLE" m.v. "TRAFALGAR" m.v. "TUDO: mv. “TAMESIS"

..

Loading Hongkong ti 4th Feb,

18th Feb.

4th Mar.

10th Mer.

Accepting carro on through Bills of Lading for Transhipment to South American, Ésribbean and West Indian Porta.

AUSTRALIA WEST PACIFIC LINE

·FROM MELBOURNE, SYDNEY & BRISHANE

7th Feb.

mv. "ARQ:"

TO SYDNEY, ADELAIDE & MELBOURNE VIA RAFAUL

Loading Hongkong

DIY. "ABOS!

Tel: 28021/6,

SWEDISH EAST ASIA CO.LTD.

REIVALS FROM EUROPE

Gothenburg Rotterdam

22nd Dec. (Bailed)

Salled In Por

Bub Jan,

8th Feb (Balled) +11th Jan. 22nd Jan, 22nd Feb,

(Salled)

19th Dec. 28th Feb. And Feb-16 Tek, HAS MOF. BAILINGS TO KUROFE

mv. "KRONOLAND"

(UHALLAND

1.V. “HOLMIALAND"

IKW, RFÖNGMAT

BLV. "KRONGLAND" BLY,KHOLMIALAND":

LIHEN, GENGAN

ROTTERDAM,

GILMAN & CO.,

25th Job.

95th Mur

LLOYD TRIESTINO ITALY/FAR EAST SERVICE

mv. "8, CABOTON ....... Stad Jun 29th Ma

Loading für Bingapore, Colesake, Bambay, Aden, Bues, Tanice, Trieste, Kaplis & CABIN and THIRD Glass Pamentar Ascampi

STATES STEAMSHIP COMPANY

12. "WASHINGTON" Kands the Varioouver #ird. Feb.

An the above subject to alterutime witheas nation:

BOOKING AGENTS FOR: CUNARD STEAMSHIP CO, LTD. B.Q.A.C NADIAN PACIFIC........... QANTAS RAL,