CO129-366 - Governor Sir Lugard Acting Governor May - 1910 [4-5] — Page 395

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392

driven into the one or two regular lines which may be able to

arrange for their own vessels to run in conjunction with their

ocean-going steamers, or which can arrange to send the latter

into the Coast Ports for the purpose of securing the trade.

In addition to this cargo (shipped in many

cases on through Bills of Lading), there is a large volume of

trade which is handled by Merchants in Hongkong itself.

This trade, consisting of a number of articles

produced in other countries will, if now shipped from this

Colony on Bills of Lading signed in Hongkong, also have to bear

the higher import duty on arrival in France,

With the exception of China, ry Committee

believes that all the countries whose produce is at times

transshipped here, i.e. America, Canada, Japan, Russia and

Netherlands India, have conventions with France. These Con-

-ventions in the case of many articles of commerce contain

minimum and maximum tariffs which are applied to the goods in

question if sent either direct or via another country as the

case may be.

Cargo from the above countries and their

dependencies is, to a very large extent, handled in Hongkong..

It is further quite conceivable that within a measurable

distance of time China may also make a Trade Convention with

France, in which case nearly all the export trade of Hongkong

will be liable to the extra surtax on arrival in France.

To mention one case, I ray state that a

leading Shipping Campany which has a regular service from the

Facific Coast has recently been obliged to transship all their

turough cargo at Yokolima, instead of at Hongkong, as hitherto,

in order to avoid any question as to the goods being liable to

the higher import duty.

It is clear from the above that a very

serious blow has been dealt to the trade of this Colony,

affecting not only the shipping, but all classes of Merchants,

Chinese x and Foreigner. My Committee would now ask that the

question