1916-04-26 — Page 7

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COMMERCIAL WAR ON

GERMANY,

THE ALLIES' RESOLVE.

A RELENTLESS CAMPAIGN..

An account of an interview which Mr.. W. &. Forset, the United Pres correspo11 end, had with Mr. Runciman, President of the Board of Trade, was published on

March 30th,

THE CHANCE OF INVASION.

DOES GERMANY STILL DREAM

OF IT

[UY A NAVAL CORRESPONDENT.]

For many year, before the outbreak of war the juvasion of England was one of the most dearly cherished schemes of the German General Staff, and from 1900 on- wards the idea governing the distribution of the British Fleet was the frustration of this particular Teutesie ambition. When in 1907, a considerablo naval force was, The following in the text of Mr. Rundt after an interval, of many decades, per- manently stationed in the North Sea, man's statement; -

the then Secretary of the Admiralty declared that the chief result of the ar- rangement would be additional security to the people of these islands against what

sudden

THE HONGKONG DAILY PRESS. WEDNESDAY APR 1 26mm 1916.

THE BRITISH NAVY.

INCREASE OF A MILLION : FIGHTING TONS,

The New York a'atson of the 10th March snye:

GERMAN WAR FINANCE EXPOSED.

WHAT DR HELFFERICH DID NOT

POINT OUT

Powers on aggressive lines, This can only I believe is their only danger time there were in the course of do they comprise the amounts advanced to

one."

Germany has announced that at the conclusion of the war she will attempt to tulish a Customs Union of the Central mean that they intend to follow up the raidanil that, I hoper

I hope is not a serious present war by an economic war. If this

survey of the Navy Estimates of recent is a deliberate object, we, and the Aliës shall know how to meet an aggress vo war years and of further changes in fleet dis of that nature just us we met her hostile positions shows that this adca gaaned in nction during the past 20 months. But we strength as went on. The develop

ment of the Firths of Forth and Cromarty hall be better prepared for this threateneil

ng aaval bases; the establishusnt of the economie war, and we are much obliged to Germany for giving us yarning befor band Patrol flotillas of destroyers, turpedo-boats, and submarines, with bases shroiching from The economic war which the threatens Daver to Invergordon; the preparation for would be a permanent barrier to the pences in curgency of other bases along the Ful developraat of Europe.

coast and extending much farties north

JAVA-CHINA JAPAN

• TJIKINI..

LIJN

REGULAR FORTNIGHTLY SERVICE BETWEEN

JAVA,

CHINA

AND JAPAN.

EXPECTED

WILL ENAM

OW OR ABOUT

ON OR ANOT

SHANGHAI

...SHANGHAI &

AMOY

BATAVIA & SAIGON

26th April

- BATAVIA

TJILATJAP

KOBE

Iat May Bih May.

14th May.

16th May.

BATAVIA

A searching exposure of some of the boastings of Dr. Helfforien, the Imperial he most impressive feature of Mr.

Finance Minister, in his recent speech to Balfour's statement in the Howe of Com.

the Reichstag, was made by Mr. Edgar mons last week wore lie figures for tonnage Cranmond, the secretary of the Liverpool added to the feet since the outhoak of the

Stock Exchange at a meeting of the Lon- war and the uniber of men transported don Chamber of Commerce recently under the protection of the Hett, An in- was perhaps natural, aid Mr. crease of a million fighting tons wou'd Cramond, in commenting upon the Gor- Dan the equivalent of 36 Queen Elizabeths,

tan Minister's boast that our war expenses of 33 battle cruisers of the Tiger class. It were 60 per cent, higher thin the enemy's is obvious that the increase was not all in that Dr. Helferich should have omitted * TJITAROEM capital ships. Light cruisers, destroyers, to mention the fact that the Gerinan figures and submarine, have been buit in large reprezent net expenditure, while the Bri- numbers How large appear from a tigh figures are gross expenditure. The study of the British anval programme as

German figures da nos include the bulk we knew it at the outbreak of the war. At of the cost of separation allowances, nor construction fourtem super-droadooughts and one battle cruiser, the Tige Of these poniture these items amounted to over 300 Germany's allies. In Britnin', war: ¢X- ships, five carried 15-inch guns and tennillons annually carried 15 inch guns. Ha of the ship. Di, Hefferich claimed that the English we know were completed some time 890, war taxation had only yielded per cent. among them the Queen Elizabeth and her of war expenditure, but he failed to men- sister ships, Furspite, Valiant, and Barton that many Mixes had only just begun

·waz Zevery hew Of five ships laid down between No- to yield a return, and there vimber, 1813, and January, 1911, wè klow - remen to believe that in the year to March, nothing definile; but we may sue that 1017, Great Britain would provide at least in the special emergency they have been 400 millions, or 22 per cent. of her total finished in the

of two expenditure, out of taxation.

dermany, he added, had found it impor ture without increasing the circulation of paper money in the empire by over 100 milions, while Great Britain, entering the war without the slightest financial, pre-

Increase her paper circulation to the extent

DEBACLE APPROACHING.

"I have myself, used language of a hos all these things were undertaken with the yeawa Hime mods have sible to finance 20 months of war expendi

tie character in regard to Germany's trach 1.d.d so, beljering that the crushing of na enemy's trade is an essential stop to vic bory. Every' belligerent in all times, hos attempted, during the progress of a war, to destroy the enemy's trade as a measure of war. Germany's power of resistance a

woll as ours depends upon the extent of her material resources. And these as a net of war we must diminish in value, and do verything in our power to prevent her from accumulating stocks or adding to her wealth abroad. We cannot allow our citizens to trade with German firms in Chins, and

That is only one of the many instances of the efforts made by us to present her from creating credits abroad."

we are withholdi, g supplies from them

"By making it clear to Germany that the longer this war continues the less will be her chance of recoupment vat of the pro fits of foreign markets we aim at shorten ing the war Everything which tends to preserve bor wealth is likely to lengther the war."

|

sole object of checkiuating the aggressive designs of the Hun

Is an alqupted invasion of these islands worth treating to-day as a practical pro- position #. Remember that Great Britain, with all her mistakes and all her failures, is the head and froat of the opposition to the Kaiser's auditions. Had our sen-power been used to its fullest extent from the first hour of the war the chances are that Europe would already bo returning to her normal paths. On the other hand, Britain and her on power have alone made the ultimately successful prosecution of the war possible for the Allies. Without it no

reape could, huys left our chords or have

taken as completed, it would mean an

Out of a total of £1100,00,000 invest- ments abroad by Germany, £670,000,000 were unren]izable, while 140.000.000 of colonial investments were worthless

The decline in the exchange value of the mark, which now standı at an average depreciation of 20 per cent.he agit,

► Wirelons Telegraphy,

Via The Blasmars are all fitted throughout with Fleotris Light snt hawa anaommodation for w Ilmaktan muttabor of Balban: Passenged. All utosman osrry a daly qualified rargson. Carpi taken at through rate to all ports in Netherlands India and Australia. **

For Evaticules of Freight and Foungs, apply to the

York Buildings, Lá Floor,

Hongkong, 244k April, 1916.

JAVA CHINA-JAPAN LIJN. Telephone No. 1574.

JAVA-PACIFIC LIJN.

MONTHLI Sarvien : BerwarN

INDIA, MANILA, HONGKONG & SAN FRANCISCO.

Next Eailings for SAN FRAKCIECO via FÁGASAKI, Subject to Change Wikont Notice

2.8. "ARAKAN","

5,6. “TJIBONDARI”

8.8.

9.8.

KARIMOEN **

TJIKEMBANG **

12th May,

Kith June.

12th Jair.

11th August.

The Steamem biyo uocemmodation for a Emited number of Saloon Passengers and carry

• daly qualified rugeon, bo do CA A

• Cargo taken in through Bill of Lading to all Overland Points in the United Statra of Amerion and Canada, Sa

For Partions of Freight and Fange, apply toj

It may be that even better heen made, and that Great Britain now ha, empitaj ships which were started after the war; but it is not likely that there are many of these. If all the ships under con struction at the beginning of the war heparation, had only found it necessary to NETH, addition of 365,000 ans If we asume that of about 100 millions half-a-dozen more capital ships have been begun and finished during the war, it"The great weakness of the war finance. would still ako only half the

of Germany,” he declared, “is the flooding announced. by Mr. Balfour of to country with payer money. Alto- What half a million tons in light gether there are about £525,000,000 of notes cruisers, destroyers, and submarines can consideration. Before the outbreak of the Reichsbanor indirectly, upon the in actual unit, appears from the following a droulation all of which rest ultimately,

directly war Great Britain had gone in for the Role insted, conservatively, the

grosg lighter type of cruiser. When way began way expenditure of Germangs up to the end she had building twenty cruisers, of which of 1015 at £1,019,000,000. four were of 5,400 tons with speed of twenty-five knots, eight of 4,400 tons tous with a speed of thirty knots, and eight of 3,000 tons with the game speed. This last the Arcihirea class, has acquitted ̈ itse f best by common report, and we may take it that light cruisers buit sings the wer have been largely of the Arethuse type In the same way, we may assume for the A destroyer the high average of 1,000 tons, and for the submarine the equally high average of 800 tons. If light cruisers, de- stroyers, and submarines were built in equal numbers, half a million tons would mean 93 of auch type, or a total of 280 units But it is evident that the proportion for destroyers mut have been much argos than for light cruisers and submarines. For mobation Creat Britain would

have comparatively little uso. We may take it, therefore, that two-thirds of the additionayonnage it represented by de- troyers. In other words, the British: máy have built, between three and four hundred ficacious against the submarine. It is to of the type of craft that has proven most this factor that we must look for an ex plazation of British confidence is having wolved the submarine perif, and not to mage nets and other devices. At the be giming of 1914 Great Britain had 290 torpren boats and destroyers. She may now hava between six and gapen hundred. In 1 these hoạts that have faced off the Channel for the undisturbed movement of armies to and from the Continent

been brought to Europe from our Dominions and those of France England if not invaded, would have been starved within a comparatively few weeks; and all the munitions of war that the Allies have obtained in such profusion from America would have gone instead to Germany Bri- tain resins, therefore, the greh-enemy of the Hun, and we may be sure that no stone will be left unturned to strike at us anys how, anywhere, at any wonunt the enemy The correspondent recaled Mr. Runcimay deem to offer a favourable oppor man's attention to his recent statement in

tunity. the House of Commons in which he said. The old and most respected arguments that the Atties could never allow Germany against an attempted invasion were the im- to again raise her head. Mr. Runciman reply of a secret mobilisation of troops, plied" What I really ought to have said the itapos ibility of collecting the necessary way? The question of her rai ing her hul shipping in German harbour, without the met1'. We object to Germany using her

whose world knowing what was in the resources and her commercial relations with wind, and last, but not least, the British

Navy: as for the purposes of aggression, as she Take these things in order. The did in preparation for this war, tion of troops is no longer a problem; it is We in England have not grown so fool an accomplished fact. Secondly, there are isk as to believe that one nation becomes known to be in. German pora 329 German rich on another's poverty, or that the Balips of 100 tons grass or over, 63 British marck po ley of bleeding your enemy white aste bled France in 1871, is good for either individual notions or for Europe es a who's Peaceful preparation as means to mil tary end can never again he tolerated by England, Frator, Italy, and Russia, 201 can we submit to must favoured-nation clauses in commercial-tre les being uti izel to the detriment of any one of the Allied countries..:

"The Conference it Paris will approach all the questions with these po nts in mind. We are all determined to resist Ger- many wherever we find her trying to establish polical predominance in foreign countries by commercial meam. We are netunted by û necessity of defence, and the dire osure which this war has provided of the complete junkr policy at home and abroad in a lesson that none of the Alles will ever forget

Great Britain has a d'eau record on this

180.714 top; and probably 40 ships of the shops (60 detained and 3 captured), of Allies capture or detained with a tonnage of about 30,000. The total number of such ship lying in all meny ports is 51, of 43,692 tons. In short, the tetel mercantile age availabe in German ports is about 1,100,000, divided among song 150 chips Even if the aggregate be reduced by 300,000

tone to allow for vessels converted into war- ships, ion mad, unsuitable, or otherwise unavailable, there remain 600,000 tons of shipping efficient on expert reckoning for the transport of eight army corps with all their cesary guns, ammunition, horses, food for horses and ben and vehicles, and thirty day supply .of.

There

A NEW GILBERT,

FRANCE'S DARING AIRMAN.:

|

and the failures which are taking place among the large banks, despite the frantic. efforts of the Government to keep the finan cial machine going, point to the approach of the greatest financial dobaels which the world has been.

Mr Faithfull Begg, Chairman of the Finance Committee of the London Cham ber of Commerce, declared that we were, approaching a most interesting phase in German financing operations- line when contente influence was going to tell very seriously upon her

Lord Southwark, who presided, remarked that it would not be business usual? with Germany after the war,

REICHSTAG MEMBER'S

WARNING.

CONSEQUENCES OF WAR WITH

AMERICA

A member of the Reichstag, Her Nan- man, in an article in a prominert Seblos wig journal, the Heimdal, the organ of the local Dance, warns Germany of the conquerces of a way with America. He

York Building, Hongkong, 14th April, 1910.

JAVA-CHINA-JAPAN LIJN,

THE TAIKOO

MANAGIED. “AGENTS.

DOCKYARD

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AND ELECTRIC SYSTEMBER Estimates given for quick construction and repair of Ships. Engines Boilers, Bailway Roling stock, Bridges, and all Classes of Engineering Iron and Wood Work, GRAVING DOCK-787' by 88' by 84' 8"

Pumps Empty Dock in 3-3/4

dag varla wo to 8,000 on displacement, providing THREE PATENT FLIPWATH taking teemations. Iar latina Maipa, with most editeženi resulta. 100-THIROURICH CRANE

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MOTOR PUMPING and LIGHTING SETS, MOTOR VEHICLEE, Fre

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Our wish that Americs shai presorve hey neutrality is easily comprehevible, as we have already sufficient enemies, and it is a great delusion which is maintained in certain quarters that one niere o le takes no difference. A declaration of war by America would result in a fleet, num. bering in 1913 160 unit with 1,431 gums, placing itself on the side of Great Britain thereby increasing the passibility of an absolutely effective blockade. In addition, there is the Asterican army, which, it is true at present only numbers 30.000 en and 5,000 office, but the peability of

ujitia would form an excelent basis, would within six mouths produce a formid- able ariny. Our in American hag- bours would he fool and America's daily LAPHONE NO. 13 increasing financis' power would mean an incluishle prolongation of the war, bơ- cause Amories can finance her Allie, for an unlimited period. ⠀⠀⠀ We, Gerisor have

The problem of the concentration of the not, therefore exist for the men and men and the shipping for transport does material are lying ready to hand." resins, however, the particularly large Navarro, the young nirman who holds problout of the British Nuvy,

the record now for Germans brought down, Our naval superiority in the North Seas only just twenty years old, and had subject. We have never used our trade is far to form dable for the enemy to con- arvor tried his band at flying until well rations for worlike purpoxs of in pro template a head-on attack; but he knows after the war had started. By the end of paration for war. Our free trade is tradi- from has war experience that there are 1914, he was already marked out as tional We have at all times discouragedza of reducing that superiority. When ming man, and experts now declare Government assistance in er det on of, the cruiser squaron of von Spes was loose that he is worthy to rank with Garros and commerce. We have aflewed par malas in the Proue-a squadron of five ships Berta Carers and trad is to deve op their busi-

of 33.039 100s what was the loses required He is de oribed as impatient of disciplina geral recruiting," for which the existing Dookynd? Manager, - aan ba manu between: the - hours ago to bunt han down and destroy him his and of little se unless allowed to act as a es reations wherever they could on their ewa merits for purely business purposes, as we know from various evogratubi- We have competed against ourselves as tory eriges published after the Fakes anos. In serial warfare hu aim is not much as we have competed against the lands, intre was an Austraian and a touch to kill his opponent as to cripple for figner. Chir pol cy in the past his Japanese fleet, each of unknown dusen- the machine and catch the occupants alive Tuo bucien chips or 23,000 tons, Cry one has he b en compelled for his gradually vested away from la mer fa ve ts

under instructions to search for him, were own safety to shoot his adverary. laisser passer, ve

og hoveniber 1st, 1914) and aklouga His favourite trick is to sucep to within at the Falklands battle we had eight ships ferty to fity feet of the German and rid la again i five, and nieco tong igaina 3,abg machine, with bullets. It is resunteding the war but we cannot shut our even Gue of the entry s-ips escape, Toe ton- that a new gunner who had never been with

*You ask ine what affect this will have on our reations with Amovies 1 we

“I reply that we shall continue to težno] commercial neighhauri to the Uni of States on the American Continent. Of course, we shall compele ngainst your traders nud

sions,

| nage cupoyen tú zearen 10, von dipes re- him was go startled at the boldo in and daih presented anything from five- ten times with which be brought him ahngside the the tonnage of his own fleet.

nemy that he mi sad an a almost point bask target and although he was Nova superior in renk, the airman gave him such dressing down that sergeant nearly arrested him for insubordination.

manufacturers wherever we can, and with The sense position on smaller scale is ronemed vigour in the neutral markets, represented by the Moere. Athough, wise whenever the war is over, but our compeily enough, the Adimralty have unde no tion will be that of honest merchants who statement whatever on the matter, it cannot soek no end but the exchange of commod bo doubled here any more than it is in ties for mutual bea fi

Germany that a perfect swank of cruisers was drypriched to track down and destroy

velopment, vo

he met by the whola force of the British Empire and the Alies, but the Entish Em.

We have no means of knowing whether Germany is actually attempting to create such a barrier

the form or another the pality of mine, We on's know that in laying is being vigorously parzued. or

leared to assume superhuman burdens, dur-

to the endless crifices which & possible war with the United States would demand of us all.”

BERNSTORFF'S NEW PLOT

TO DECLARE ALLIED SHIPS ARE

Fire has long Un the home of political ab.e force in home waters would be very of Milky WayObject In view, A sut states

iberty and wii nrrer at empt a coming real tyranny though he is determined to reas it by every means in her power

When the war is over we shall pass through difficult industrial times and our

Que desire, at the present moment, that

14

ARMED AT SEA.

If the United States should agras bu issue a warning to its citizens to keep off Vessels that carry arms for defence, such a warning carries with it the presump

in that the United States faveurs Ger- many's view that such vessels are warships, Cennt von Bernstorf has arranged in od

að lás Tora Ofi

BUTTERFIELD & SWIRE HONGKONG, CHINA, AND JAPAN, AGENTS. „Telegraphie Addra —- TAIKOU LOCK 2

PASSINGERS.

ARRIVED

Per Tuenang, from Manila, for Hong kung, Mr Poole and infant, Mr. and Mrs. Fraser and child, Mr. Gilmorð, and Mr. Chadboura

DEPARTED,

Por Fushimi Mars, for Europe, Mr. R A. Barendson, M, J, M. Zeeman, Mr. T. A Litsle, Mr. 4. K. Hampshire, Mr. "We sinil "always be ready to make

Further reroations concerning Count friendly arrangements with neutral counthis pestilent, ex-tramp If the German

Bernstorff's conspiracies in the United and Mrs. E. H. Phelps, Mr. HP.Smith, tries and especially with the United States could get ten seres to soa and scatter them over the world before they began their

States are made by the Promdener Journal, Mrs W. Davidson and child, Mr. S. O. in the interests of peno-tul commercial de operations; if they could. by book or by

the Teutonic plotters in America, and whose Hissdai, Mr. and Mrs CD Lambert This paper, which has frequently immukel

Aspinal, Mr. J. W. Miller, Lt. K. Tanabe, Capi. W. G. Leask, Mr, O. Kusaka, M crook, sneak out of the North Bea with two Agression by the Central Posers won three battle craters while making a that it is in the last degree subkely that office was recently the scene of a fire sup

and Mr. B. Howell, Mrs. M

Bank, it is morally certain that our avail- faint in forces in the direction of the Dogged as being pursued in a haphazard taabion posed to have been caused by incendiarice, hick and child. Mra 8 Okubo, Rep

Father E. Hepperswijn, Mr. A Hallam, without any

Mini Jones, Mr. and Mrs. K. Sugawara, of mines, supported on materialy diminished until such me as the inner side by flotillas of submarines

Isabel Crush, Mr. Davie, Mr. C. A. the escaped enemy ships had been soconsted and, baking them, by a fleet of heavily arm-

Laing, Mr T. Yoshida, Miss Davis, Mis for-

ed ships of the supposedly unlakable type

Crooks, Mr. and Mrs. Miston, Mr. B. might come perilously poor te forming

Blake, Miss A. Jones, Mr. and Mrs-N L autho

Smith, Mr. R. M. Talbot, Mr. B. 1. Blake, Mr. and Mrs. J. McKee and child, Gillies

H. Konishi, Mr. Y. Nishi the result of war as were suffered by the task of preventing mine-leving in the North, would, he renate enough, the forethilip of merchantmin as the mercy of Cemas coms, Rev. James Hoedyke, Mr. E, Mar- I nited States after your great Ovil War Bua for this work is still being done by an invasion of serious aid berg attempted marines, whether armed or not. This is to

Mr. and Mrs. M. Henderson, **In reparation for the ura of page disguised fishing trawlers and submarines is not one that we or the suboriling can be accomplished by the simple need of red Mrs. J. W. Fotley and infant. we are preparing our plans for renewed long of his many moments of exube, internal organization end for external acilance, Colonel Churchill referred to the Bewicke Copley, speaking a Leodes Each takes place, that while the particular ven

Grand Fleet as lying on shrouded which owry, neutral will regard as friendly. "

many, of course, needs no telling on that “Do you sati-spate much labour troubles; but what would he her obvious if she desired to cut that fleet off after the war 4the interviewer asked.

from the southern waters of the North Sea? **Those who speak for organized labour," The careful and continuous employment of answered Mr. Roma, are nos fools, mine-lying submarines, if not adequately And they know perfectly will that only by checked by the counteraction of our complee coneration between all cases sweepers, might in time lead to the creation will it be posibly for us to recuperatot în of auch a barrier across the North Sea that the industrial and financial exhaustion of no fleet could pass through it without suf- the was

fering enormous loss.

General von Ardenne relied mainly upon mines for averting the interference of the British Fest. We have staple evidence et protection for a fleet of German that our resources are not yet equal to the transports, batte NA SLAspecte vatce a scheme which will put every allied Mr. Bergman, Ers lijima, Mis MA1

we shall not suffer from the same losses as

While, therefore, the enemy's

Mr

afford to ignore.gadier-General drearing, after such wholesale murd_r Mr. Armour and children, Meurs. 8. vity. This can end, wii be done along lines throne guid the northern sorms" Ger is necessary to have three million men in sel was not armed when she left an American Latsumoto, S. Tanimurs, T. Kubo,

night ago, was reported as swing: 16

BEER!

GER BEER

SALLORCO

H

AGER BEEN

301E PAGENT

MIISU BUSSAN KAISIA

Hagiwara, T. Chiba, M. W. Bashop K

sukada, J.-W. Fletcher, John W. Lee, OBTAINABLE EVERYWALERE. readiness to replace men at the front, or part armament had been placed sbourd her

Nur Bigrid Kroging, Mrs. J. Dicen and may happen that sepond three milion on the high seas after her departure. may be required for home defedora

This pot was originated and dressed-

Children, Mrs. Marcus and child, Mis Armour, T. Tanaka, Miss T. Adachi, They are not empty words The Germans Count von Bernstorff's suite of rooms

Okuba, Miss K. Gahiwain, Mr. know that England is the lock that balls a New York hebel, and messages were ter the door of neory against them. Their feet to subsided German papers throughout and Mrs. J G Hair, Mr. and Mrs. is matried It is beyond question vastly the country, in order that they might Spencer and child. Master Spence Mr. stronger to-day than when the war began. crate evidence in advance to show that tas Wel, Mrs. K. Basak and 10fact, M is it conceivable that it should he alowed German contention that these vese's would 11. Shapaan. Mim Bpencer, Miss Irving for HOUSE STREET, TEL. 230.155, to rest in idlenes until the return of peace the armed at sea had already teen mage Mr. Y. Hosoda, Mr B: Tsuboi, Mr Shinn

Daily Hal

pubio ne s warning of what might happen. ”kubo, and Mr. B. Hirabara zona rei

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