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undertaking, secondly because the financial control had been abandoned, and thirdly because omers were being heavily hit by the fall in the freight market and they would undoubtedly have refusal to comply with any request for a refund of comission already received.
12.
On the 29th. Novaber a tolegram was reo sived from the Agent for the Shipping Controller to the effect that five ships were being released from full requisition and ware to be brought under the local scheme, and on the same dute a telegram wad sent by the Admiralty stating that arrangements were being made to release nearly all China Coasters on the Parsian Gulf Service and, with the exception of the Indo China and China Navigation Companies' Ships, to bring them under the schemes controlled by the Governments of Hongkong and the Straits Settlements. The matter was carefully considered by the Government, who had to take into consideration the fact that the ending of the war had mtirely altered the situation and that omers were becoming more and more impatient of a control which they considered to be no longer justified. There was also grave financial risk involvai in the management of a number of vessels returning all together to a market in which freights were already falling rapidly; more especially when regard we had to the fact that the Blue Book rates were, in the case of many vessels, considerably better than the rates which they could earn before the war. Representations were accordingly made by telegram and, as has already been stated, the Government was authorised to discontinue the control scheme.
13.
It is perhaps unnecessary to describe in detail the trades on which the ships wore from time to time employed. The particulars givan in paragraph 9 of this report regarding certain vessels are typical of the activities of all. Various attempts were made to get more tonnage. The car) of the 5. S. "Glonfalloch" has already been mentioned; and the Govern- -ment of the Straits Settlements were further approached, but without success, for permission for the S. S.."Hook Lee" md
"Will o' the Wisp"
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