CO129-454 - Acting Governor Claud Severn - 1919 [4-6] — Page 117

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DAS MEJT LAW*

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Þat sigionitq adi tud

-

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AT SI SEM FLETSLELeuce of apales

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be,819daem edr anous vitist gaiz edi drow of amgea ed

acknowledged as the dominating spirit.

-

Eight launches are kept

and

running every day, in two lines of four each: from Jubilee Street Pier (Hongkong) to Public Square Street (Yamati), the Loung Wing (Hillier Street) Wharf Hongkong to Hi Lung Li

Wharf Taumati. The fares charged are uniform, three cents third

class and five cents first class with an additional cent after

nightfall, when the Queen Victoria Street Wharf is used instead

of the Jubilee Street Wharf. A close watch is kept on competit-

ion, under Wong Lan Shang's management, and it was he who was

responsible for the reduction of the fares to one cent when a

new competitor started with one launch from further west

Eastern Street and so froze him out; and it is he who has

engineered the acquisition of rights over other piers on both

sides for the ring, with an eye to forestalling competition.

They do not themselves use these other wharves for ferry pur-

poses, (although a partner has admitted to me that the use of

one further North on the Kowloon side in theplace of the E1

Lung Street Wharf, and of one further West in Hongkong in addition

to the two now used would be a public convenience) although the

ring either already has or could easily acquire the necessary

rights. Wong Lan Shang holds that any departure from the existing

system would tend to lessen the total profits of the pool, and

there is nothing more to be said.

2.

At the present moment, the 16 shares in the ring

are held (as far as can be ascertained) by the following:-

4 shares (1.e. launches)

Tai Yan Co.

Lee Kee Co.

2 shares

Sam To Co.

1 shares

Kwong Fuk

1

Tung Shing Go.

1

#

Pui Ki Co.

Yau Shui Chi

1

.

-

Tai Ki

Tak Ki

1

·

Kop

1