CO129-477 - Public Offices - 1922 — Page 501

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from on board an American vessel in Hongkong, costs about

75 cents for every dollar of expense in moving the same cargo

from America to Hongkong. To the extent that this 75 cents

exceeds the cost of moving American and ither vessels with

their cargoes on beyond Hongkong to Canton, it constitutes

a tax on the commerce, to be borne by the people of Canton and

vicinity. With a little improvement of the river,many ocean

vessels could pass Hongkong and load and discharge at Canton.

A carefully prepared report by a thoroughly competent Swedish

engineer shows that the Canton river has great possibilities

in this direction, that harbor improvement at a relatively

small cost, is quite practicable. I am prepared to give a

brief summary of the facts and of the report. I will simply

say now that vessels drawing 21 feet of water ( and this

includes many ocean freighters) can come within about ten miles

of Canton now, where there is almost ideal ground for anchorage,

wharfage and godowns, but where there are no railroad tracks.

I believe the improvement would enormously develop commerce in

Canton and vicinity, to the advantage of Hongkong also, not to

its disadvantage on the whole, as a narrow view concludes.

As a first class port, Hongkong can never be superseded. This

subject is quite capable of more expanded treatment.

(3) As a matter in which American and other foreign commerce

is very much consernda.

This point is partially covered by the preceding. In

1920, there were 122 American vessels which entered the port

of Hongkong 168 times, with cargoes destined largely for

Canton and vicinity, the real consuming area, as befere

stated. These cargoes had to be discharged and reloaded at

Hongkong