1911-01-11 — Page 5

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THE HONGKONG DAILY PRESS, WEDNESDAY, JANUARY 11TH, 1911

66

JOHN ROBERTS&CO.LD.

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LLOYD'S REGISTER,

CONSTITUTION OF THE COMMITTEE.

A decision of much importance to the ship ping community has just been reached. It has Boen decided to alter the constitution of the Committee of Lloyd's Roz ister of Shipping in such a way as to provide for the direct repre Bentation of shipbuilders and engineers on that influential body, and thus make it—even more truly than it is to-day-a merchant shipping council of the nation."

"

order

HISTORY OF THE CORPORATION.

LORD CREWE ON CHARTERED COMPANIES.

The annual North Borneo dinner was given last month at the Hotel Cavil. Bir J. West Ridgeway presided.

The

company included Lord Crawe, Lord Ke desdale, Mr. E. Dent, Mr. J. A. Maitland, Lord Fortess, Major General Sir A. E. Turner, Sir Mortimer Durand, Mr. E. 8. Gandry, Sir Folii Bohuster, Sir Richard Martin, the Hon. Mount-

The Chairman preposed" The Guests," and referred to the great progress which had boon made by the British North Borneo Company.

Lord Crawe, u response, 'said that when he roovived the invitation to be present be was Secretary of state for the Colonies, and he had therefors to apologize for obtaining a handsome entertainment that evening under false pretences

laughter)--although the Secretary of State for India naturally took an interest in all the East. The association of the Colonial Secretary with the State of North Borneo was an easy one, and did not interfere in any way with the adminis tration. The chairman had very rightly called attention to the remarkable work done for the British Empire by chartered companies. It was indeed an interceting study for any man. to look bank at the way in which that marvellous coniposite structure which they knew. as the British Empire had been built up. of the various companies Inl been remarkable. If they looked at America they saw the work of the great Hudson's Bay Company; if they looked at Africa they saw the two Nigerian-two of the most interesting colonies under the Crown, with an almost ulimited future, and that fature due in no small degres to the work of the Niger Company, On the oppositeside they saw East Africa, not less romarkable and not less promis.

art Elphinstone, Sir Montagne F. Omman. ney, Lord Kinnoull, Lord Tenterden. Sir Ricth- are Solomon, Sir Hugh Clifford, Sir W. Baillis-Hamilton, the Governor of British North (From a correspondent of "The Times.") Borneo (Mr. E. P. Guoritz), Sir F. Mixrie- The full bearing of the conatitational de lees, Vice Admiral Sir Bourerie Clark, General velopment announced above will perbape hot Patou, Sir J. D. Reos, Sir Hugh Barnos, Cof bo fully appreciated without some briofonel Sir Richard Temple, Colonel Sir W. Bis- reference to the sopiott's bistory. The origin set, the Hon. C.H. Strait, Colonel Ivor Philipps, of Lloyd's Register istes back to the middle MP., M. W. P. Flynn, Mr. J. Newton, of the 18th century, when a register of and Mr. II. G. Forbes (secretary of the British shipping was established by underwriters in North Borneo Company).

to provide themselves with a guide as to the efficiency and seaworthiness of vessels, the hulla or cargoes of which they might be called upon to insure. There are at lost three parties primarily concerned in the business of maride insurance-viz., underwriters, shipow- nere, and merchants; and, lonking backwards with the wisdom gained after the orent, it is in no way surprising that an institution absolutely controlled by only one of these quite failed to sepure general confiderco. The shipowners, to whoan vesela olasens were assigned by a body of men whose commercial interests they rogarded as different from their own, were naturally the party which felt most aggrieved. Their obien tion took practical shape, and in 1799 they founded a classification register of their own, which in turn was looked upon with distrust by the underwriters. For many years the two registers ran in keen rivalry, neither of them gaining the confidanes of the community or succeeding in establishing itself in an adequately strong financial position. The consequences were most sharply felt by the underwritere of Lloyd's, who saw themselves face to face with the peril of having no register of shipping on which they could rely for the purposes of their business. It was accordingly from Lloyd's, the direct descendant of the 17th century coffee-house kept in Great Towering, which also startet under a company; and street by Mr. Edward Lloyd, that the move- rent emanated which, after years of difficulty and struggle, achieved in 1834 the remarkable success of fusing the existing registers and enteblishing Lloyd's Register of British and Foreign Shipping on a broad and representative Fasis, opifing all the three-great-interests to which allusion has already been made. The statosmanlike spirit in which the founders of the society laboured provided a contitation which long stood the test of timo. They saw that in union was strength, and the administra- tion of Lloyd's Register was placed in the hands of a committee consisting of underwriters, ship- owners, and merchsole in equal proportione, The scooty rapidly grew in public con tidence, its beneficial influence extended in many dirao. tions, and for over three-quarters of a century no alteration was found necessary in the fanda- mental principles on which the governing body was constituted.. -

POSITION OF SHIPBUILDERS AND ENGINEERS,

The work

on the south they saw the great chartered Rhodesia Company, on which the chairman had pronounced tho sentence of execution, which might be prematere, although, no doubt, the day would come when there would be a united' South Africs, and Bhodesia would be part of it.

Then, in the office which he had the honour Leadurinister they looked back with admiration to the work of the great East India Compatiy Most of the chartered companies had passed away, for one reason or another-in some casos, because the work they had to do became too gigantic to be performed by any body of persons less than the State itself; in other cases their demiss was accelerated by sudden and violent causes. So far, however, as he knew, there was, no risk that either of thoso cansas would operate to bring about the ortinotion of the Britiel North Borneo Company. The only conceivable reason, he imagined, which could possibly bring their affairs to a termination and cause them to seek the more direct shelter of the tste would be if they obtained such a degree of prosperity that they felt themselves hardly able to hear it. (Laughter.) The chairman had stated that this year had been for the company partly one of sorrow sad partly one of prosperity, He believed that the ravenue of the company had qusampled in the past 10 years, which was more than could be said of that of the United King-4S dom, and that their expenses of administration borbol but a comparatively small part of that TETORED. Ho sincerely hoped that the company might continue to prosper. They had admirable sources of ruvenne-among others tobacco and rubber. A satisfactory feature about the ad- ministration of the company was that one heard very little about it--the best possible sign of a careful and well-con acted administration. He had not the pleasure of knowing the late Mr. Cowie (the former chairman and managing director

WAN of the company), but it impossible to

record of glance at the the company without realizing that be must have been a very remarkable specimen of the particular men who had done so much ta make the British mpire what it was. (Cheora.) In Sie West Ridgeway he was sure that the company had found a worthy successor to Mr. Cowie. He wished every propority to North Borneo as an interesting and at the same time most important section of the British Empire (Cheera.)

Nowadays, familiar sa people are with, at least the names of immense chipbuilding and engineer ing establishments, whose staff include not only armies of workmen but also highly trained scientific experia, it may seem almost obvious that the three parties enumerated above do not exhaust the categorise of those who are interested in the dasification of shipping, and that those who build and engine the vessels, which have to be classed must also be con- sidered to have a just claim to a voice in the matter. This was not at all ebrions to the founders of Lloyd's Register in 1834. when the science of naval architecture was in its infancy; the practico of shipbuilding was a matter of rn'e of thumb, and large establishments werd unknown. The intervening years have se'n marvellous development in this, as in so many other spheres, and, making some reasonable allowance for the natural and healthy con servation of all great organizations, Lloyd's Register can scarcely be charged with back- wardness in realizing the changed conditions. So far back as 1890, the ommittee, who as trnsteon for the shipping commanity, have no other object than to keep the society's rules for the construction and classification of vesApis and their machinery fully abreast of the most modern and approved practice, took steps to form a consultative committes composed of representatives of shipbuilders and engineers aleored by the princip technical institutions of the country. Twinty years experience of the working of this committes has now been en- joyed, and in a recent speech Mr. Thomas Lordity, its present prosperons condition. Having Devitt, the chairman of Lloyd's Register, and one of the most prominent and fospected ship owners in the cennty, referred in the warmest torms to the great advanizges which the society had derived from the scientific and prection!

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engineering members. Called to discharge public function, these gentlemen have loyally contributed their quots of knowledge and experience to the common good Last year, when the society's rules were subjected to a thorough revision, the services of the technical represeE- tatives were specially valuable, and the snCCOSE with which this difficult work--so intimately affecting the great abipowning and shipbuilding industries on which our international position largely depends-was carried out may be judged from the fact mentioned by Mr. Devitt at in the course of the 18 months which have passed since the revised reles came into operation, plans for over 1600 new vessels have been dealt with by the society, representing a gross tonnage of over two and a quarter million tons,

FUTURE CLQUER RELATIONSHIP,

It is now not to be wondered at that Lloyd's Register proposes to weeks still closer and moro direct co-operation with the shipbuilders and engineers. In however liberal a spirit the functions of a consultative- committes are interpreted there is a broad dis tinction between the powers of such a body sad participation in the supreme administration. That wall of division is now to be removed, and shipbuilders and engineers throughout the United Kingdom will be quick to realize not. only the increased influence which they gain in the councils of au înstitution ozorcising a power- fal away over their own industries, but also the broad-minded recognition of an altered state of things which had brought the advance about.

Through the services which it has rendered to the shipping community Lloyd's Register has long been a national institution, and it is considered that this latest development will increase the public confidence which it already enjoys. With the greater size, complication, and variety of type of ships and machinery of the present day, and with continual advances which are being made beyond the bounds of experience into: untried fields, competent and impartial supervision is not less but more desirable than it used to be. Such supervision gives confidence to all parties, and redu-es the evils of competition by bringing the best and most modern practice into general use, thos envaring efficiency and the attainment of an adequately high standard everywhere.

Lord Redesdale proposed "The State of North Borneo," which, he said, he had known from the smallest beginnings until it had reached, after many years of difficulty and of comparative ad- regard to its strategical position, it was very important that North Borneo should have been obtained for the British Empire, and it and boen secured for us by the patriotism and courage of Moara. Dent Brothers-Sir Alfred Dent and Mr. Edward Dent, the latter of whom he was glad to see with them that evening. (Choorn.) :

The Hon. M. Elphinstone responded. For the toast of The North-Borneo Service," given by Sir Mortimer Durand, Mr. W. H. Penner replied; and the health of the chairman was afterwards drunk, on the proposal of Sir Hugh Clifford,

During the evening an interesting exhibition of bioscopic views of North Borneo was given.

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