CO129-462 - Governor Sir Stubbs - 1920 [7-10] — Page 325

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"material from that source, we have had to look for "supplies in American and local markets. The

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greater part of Steel and Iron used by us during

"the last three years has been obtained from America

No information available.

The Taikoo, Dock Co.

"We trust our future consumption

Port of entry would

will show a gradual increase. "be Hongkong".

The Honekong & Whempos Dock Co.

"Our future require-

"mente are expected to increase by about 10% in the "immediate future with possibilities of further "increase".

The Taikoo Dock Co. - "This would depend upon circum- "stances; at present, as stated above, America.

supplies us with about 20% of our bars, plates and "sections"

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The Hongkong & Whampoa Dock Co.

"This would depend

greatly on the future development of Chinese mining and smelting but so far as it is possible to "foresee there is no probability of obtaining

supplies from this potential source for some con- "siderable time. At present the only foreign source "of supply we can depend on is American.

The following recommendation is made by one of the leading Dock Companies:-

*The last war has shown how dependent we are on Home "production when we were practically without supplies "From that source and American material could only be "obtained with great difficulty. We would welcome an "attempt by British capital to obtain control of the "mining resources in the neighbouring Chinese pro- "vinces".