1923-05-18 — Page 3

Page

"Everybody needs ^ne!"

Remington Portable

SMALL-STURDY—STRONG-HANDY-EFFICIENT-DEPENDABLE

STANDARD KEYBOARD.

42 WRITING KEYS.

CASE FOUR INCHES HIGH.

VISIBLE WRITING.

NO SKIFTING. FOR FIGURES.

WEIGHT WITH CASE 101 LBB.

MUSTARD &

17, Cornaught Road Central.

Tol. Coptral 1168.

SHIPBUILDERS.

: SHIP REPAIRERS,

BOILER MAKERS,

FORGE MASTERS,

OXY-ACETYLENE

ELECTRIC WELDERS,

MECHANICAL ELECTRICAL

ENGINEERS.

AND

CO.

TAIKOO DOCKYARD & ENGINEERING COMPANY

HONGKONG, LIMITED.

30

DRY DOCKS. Length 787 Feet.

THE HONGE

Length on Blocks 7501 Feet

Dept. on Centre of Sill (H.W.0.3.7) 34 ft. 6 ins. THREE SLIPWATS.

Capable of Handling Ships Up to 3,000 Tons Displacement. Electric Crane at Sea Wall, Capable of Lifting 100 Tons at 70 Feet Radius.

BUTTERFIELD & SWIRE

(JOHN SWIRE & Boxe, Izn/),

AGENTS

HONGKONG, UHINA & JAPAN.

TWI. ADDRESS: "TAIKOODOOK, Hoxoxoxo." TELEPHONE NO. 212. CALL FLAG: “0” OVIH ANA. PENKANT.

If

No10

If we had confined our- selves to talking about good Whisky, instead of producing it, we should doubtless have been out of business over century ago.

JAMES WATSON & CO., LTD., Distillers of Scotch Whiskies,

DUNDEE

Bgento: DONKELLY

Enablished 1915:

TEL. 036.

WHYTE

SHIPPING

JAILY "PERSA,

FRIDAY, MAY 18TH, 1938.

HE EMPIRE. THE KING'S VISIT TO ROME

AND THE POPE TRADE ROUTEN THE MODERN MOTOR-ENGINE TRAMP STEAMER.

[BY COMMANDED H. BUNDIX, R.N.] In the preceding article which dealt with the various types of vessels engaged in the so-carrying trade, consideration of that humble, buy no loss important. mem- ber of the group, the tramp steaner, had

FEW PRECEDENTS.

The visit of King George V. and Queen Mary to Rome, the first of the present reign, has not a great many precedents in English history. Thellust visit of a King of England was that of Edward VII. in the spring of 1003 when three days were spent in Roma on the King's way home from Naples after a cruise in the Mediterranean says the fiome of the Morning Post, Edward correspondent The importance of the trainer in VII, was use guest of Victor Emmanuet it. the shipping economy of the Empire can

at Quirin, not be too much emphasised. The British British Saini, anil, starting that Empire Exhibition will bring it. home to for we then bad i legating to Far Bey us more factbly, Tramp seamers consti-Sex-drove through streets lined with lalin

to be left over.

SIBERIA TO-DAY

RUIN WROUGHT BY SOVIET, RULE

The Rigs correspondent of The Fina writes

|

P.&O.BANKING CORPORATION

LIMITED. (ÎNCORPORATED IN ENGLAND: 1020): with which is affiliated TEE ALLAHABAD BANK, LID. INDIA.

The following description of present day conditions in Siberia is based on the r port of the representative of a prominent group of financiers, who has just passed through Riga from Siberia, where he had spent about six months collecting informa tion for his principals My informant

in • Siberia before the war

AUTHORISED CAPTITAL the whole SouSURISED AND PAID UP...

a lifetime spent a

In November, 1922, pruction of the [RESERVE FUND v Sitaria rame under Sibreckon, or Revolutionary Committee of the

Siberia, and has starr been incorporated in Union of Socialist Soviet Republics,

the

tute the larger part of the Imperial troops to visit Pope, Leo XIII, then in the the many rumours of!

last year of his long pontificate.

of

And

Mongolia

ggression under the command

other foreres from. Duco again Edward VII set foot but elsewhere, 19

there the outlying Tascolan railway station, in East will be overthrown in the immediate only for ten minutes, on Roman soil, at

pposition that

Bolshevist art for the rule in the Far 1100, while returning to England from Balis

This

does

not mean that the was a witness of his meeting on the plat people; but simply that there is no organized form with King Victor Emmnuuel. whom furce of sufficient strength at band seriously their position, although partisan

wwwwwww

....

£3,000,000 £2,804,160 £90,000

HEAD OFFICE

122, Ladenbull Street, London, E.C. a

WEST LONDON BRANCH: 14-16, Cocksyur Street, London, SW, L

EASTERN BRANCHES:

quently, tramp tanango has been classic the lar of Naples. The present writerBalaban do the full map Si tho Bombay, Calenta, Karachi, Madras, Colombe

and at Gaçta, the year before.

warfar

one extent.

During the past two years Siberian trade destroyed: the state of agricultura is and industry have been almost totally unsatisfactory, and the outlook for the next year gloomy in the extremir..

Singapore, Hongkong and Shanghai.

The Corporation undertakes General Banking

the principal Cities of the world, in addition to its Branches bas Agencies in all

C. CHAMPKIN,

".

Manager,

22, Dei Vaux Road Central, Hongkong.

Mercantile Marine, and handle, both for export and impart, the rougher, class of bulk cargoes, which are not suitable for liner business. Coal outwards; timber ore, grain, and such like homewards, is the normal life of the tramp... Colise

fied 108 toose tonnage. It is supple mentary to liner tonnage, and is always he had also met ut 'Bain a few days outier to the may continue, to harass them to and Exchange Easiness of every description and ready to work at short notice in any part of the world. Many vessels of this type ́are absent from the home country for. long periods, engaged in the pursuit of freight, and they nip to be found in every Just at present owners who specialise in tramy tomutge are experienthan the liner times: more lean in fact than the liver companies who, in addition to having regular, if sadly diminished, busiliers have also grater nancial reserves. With the great shipping boom of 1019 and 1920, many mushroom tramp owning companies sprang up, the principals of which, with out practical knowledge of ship-owning. rushed into a venture which they fondly imagined would prove a veritable guld mine Vessels changed hands at ridicul musly inflated prices, the oldest tonnage was pressed into service, and all went well for a time. Then came the slump. and Tailures.

Before King Edward's visit no King of England had been in Rome since the time landed at Ostia on his way to the Crusade of Canute, in 1827, although Richard I, in 90. But the Stuarts long resided here in the eighteenth century "James

the Old Pretender, a

arrived in the Papal States in Montefiascone above the lake of Bolsena, that he was married, and in llome were born Charles Edward, the Young Pretender, Cardinal Yurk Henry 13, whose name is still associated with his diocese of Frasenti, which he governed for 17 years.

VISIT OF CANUTE

it

ot

Was AL

But no reigning English Sovereign cune for nearly nine centuries. Canute was here

on

་

APATHETIC PEASANTS.

INDUSTRIAL, AND COMMERUN

BANK, LTD.

J

HEAD OFFICE: York Building, Chater Road Hongkong

BRANCHES

Shanghai-1, Kinngue Road. Hankow-British Concession.

CORLESPONDENTS IN: I

Last autaun, from the Urals to Irkutsk not more than half of the 14 area, and one-twentieth of the 1913, was sown, and THE unless the spring crops are greatly increased the whole of Western Siberia is doomed to famine, however satisfactory the yield may be. The only part of Siberia which may hope to cover its own require ments till the barvest of 1924 is the Altai district. The Siberia Agricultural Depart

to ment realize the rinnger and are trying rouse the apathetic pensants to

to more energy. Their efforts have little success, for the

London, New York, Chicago, San Francisco, peasants are without working cuttle, which

Vancouver, B.C., Honolulu, Singapore, Penanga Western and Central

Siberia do

not Putain, Swat w, Macao, Canton and all Come ceed 20 per cent. of the pre-w.ber

There is, moreover,

mercial centres of China and abroad. agricultural machinery available. On the shores of w

PROMPT SERVICE. Kara Sen are several consignments of implu Attractive rates for all kinds of Deposite

there from Inquiries are welcome. of Britain, Sweden, and

T. B. MAl Just three suminors. These

19631 tende for distribution among the pea Yenisse, but as the peasants have no means ants by means of the rivers Obi, and of paying for them, they have been left an delivered and are rusting in the open.

a great becasion-the coronation by Pope John XIX. of the Emperor Conrad I and his Consort in St. Peter's when the jealousy of the Archbishopa of

Milan B

and Ravenna, and a quarrel between Roman and a German, led to a violent fight in the streets, to the disgust of Caprate, who had

Bus hu come on a pilgrimage...

he wrote

10

Today, a large proportion of idle tannage is comprised of tramps. A tranp proepers not only, by there being amp working. Many of the pre-war type of letter full of enthusiasm at the spectaclements and machinery ewhere in the markets, but by reason of economical

under

the conditions that now

obtain, And will obtain in future. So they are laid up and will probably never be again employed.

A PROCESS OF EVOLUTION,

sight-seeing, for he obtaineil

certain of his dominious promising in return the pecuniary exemptions for the Archbishops prompt payment of Peter's pence. He also made & yow in Home to atone for his juvenile errors navi govern bis subjects with justicu. Such was the meral fores of Rome in the eleventh century.

unt

were in-

The

Mansove.

RUSSO-ASIATIC BANK.- sants are in a sorry plight as regards CAPITAL (FULLY-SAID) clothing, a single overcoat and

A

single pair af biots being in numerous cases made to RESERVE FUND

In summer many serve a whole family. children go quite naked.

11

GOLD PRODUCTION,

and

Roables

55,000,000

$6,960,000

Kap

***

3,500,00€ 1,750,000

CAPITAL CONTRIBUTED BY THE

CHINESE GOVERNMENT RESLAVE FUND

HEAD OFFICE! Paris, Rue Boudreau,

SYDON OFFICE:

G4, Old Broad Street, E.C, 3

BANTCERS:

pogr

At this poim it is convenient to mention that the shipping industry is passing through a process of evolution, which the

But Canute was not the first _King of engineering section of the British Empire England to come here. Ethelwulf, accum Exhibition" will fully illustrate. The per- fection of the compound steam engine, and panied by his youngest son, the future

The general attitude of

the

per. the adoption of iron for building revolu-King Alfred spent the year 157 in Home whither he had journeyed to be crowned

xants towards the Soviet Government tionised shipping. The continued progresby Pope Leo IV. Earlier still, in the time that of fear, produced mainly by of science, particularly during the last two of the Heptarchy, Ardalph of

"Sorthumbria

the ruthless collection of the grain decacies, is now culminating in the top bad fled hilber in 80%, to ask the Pupe's

tax. in

of the dire spite.

shortag tion of a new type of maring engine—the aid to restore bim to bis throne, and among the peasants for their own needs internal combustion engine. The desire Offs of for speed combined with more economical

*Ofa's Dyk the eponymous hero of the Siberian provinces, except Omsk and LONDON: Mesura, Glyn, Mills, Currie & Ca

made a pilgrimage to Rome futen, bare hitherto been forced to render working gave birth to the marine turbine; 194 to atone for a deed of blood which

Societe Generule

Faracion B. their

as the tax heavy toll of grain, a further ery for economy resulted in the he had committed In 797 Inn, King of

have been granted gatherers

bonus ofDeveloppement du Commerce et de Fladax- adoption of heavy oil as a steam raising the West Saxon came her, but anything up to 10 per cent.of the tax Pants: Societe Generale pour Favoriser Ja

trie en Franes. lemont in place of cani, and finally the founded prints and priests, the origin bratal. In cases where prasints could not for the instruction of collected their methods have been very perfection of the Diset engine, driven by

Ina died College the combustion of Heavy uil, is bringing of the present English

or would not pay, special," grain tax detach into service an ever-increasing number of in Rome like predecessors, Ceadwalla rents" were sent to seize all that could be motor ships.

of Wessex, Conrad of Mercie, and Offs of found. In the coming spring, work will be The economical advantages of motor vestibule of St. Peter's, had a long

Exses. The curb of Ceadwalla, in the boss

the possible only on the small farms; the large farms were all nationalized three years ago ships are obvious. A largely reduced which has been perserved by and have become nothing botter than waste engine space, na boiler rooms, very much har

narrating how the King was

land. smaller engine-room staffs, a very small fuel "expenditure per mile run, compared with oil or coal as a steam generator, theans increased cargo space and a re duced wages hill. Already many of the principal companies have "motor ships in service, and other vessels of this type are being built As yet, however, motor pro-

is likely to be to inter- mediate, stenuers sargu liners nad tramps, owing to the stage not yet having been reached when it can be applied to large vessels of high speed,

Probably the type of vespol likely to reap the greatest advantage from the adoption of the marine motor engine is the tramp. Very few vessels of this type are now being built, but when trade and industrial conditions improve sufficiently to justify large orders for now vessels, it seems that a large proportion will be of the motor type. This, in its turn, is certain to bring about the scrapping of the older and non-economical vessels, Certainly the Imperial Merchant Navy must not fall behind in this matter. The products of the British Shipbuilders and Marine Engineers are of the very best. These will be on vier at the British Empire Exhibition, so that those interest- ed will be able to see the progress which has been made, and to appreciate what the future holds in store. The British ship ping and shipbuilding exhibits should be what the ships undoubtedly, are the best in the world!.

oceans

THE PATHS OF EMPIRE TRADE:

If it were possible to obtain from a great height & bird's eye view of the and sens of the world, stendly streams of traffic in two directions an clearly defined routes would be observed. These would represent the grent, trade routes of the world; a number of which may aptly be described as Imperial ca communications.

As I write there lies before me a chart showing the volume and distribution of British trade on January 1st, 1912. It is most instructive and justified suggesting to the Exhibition authorities; or the large shipping companies who are exhibiting, that they should reproduce similar charts on a large scala for different periods. On the chart in question, small black ships represent British ships at sea and in har bour.

These are the thickest in the vicinity of the British Isles: the outward and homeward streams of ships, together with those in harbour plainly demonstrate ing how ma-trade focuses on these islauda.

Whence do they come and to where are they going!

I

and died here; but although monument was visible at the end of the sixteenth century not a fragment of it now maina. Ese this memorial of the seventh century would ba to Englishmen one of the must interesting sights of Itome. Pesides these visits of reigning Sovereigns, the present Prince of Wales was here for

Empire Dag, 1914, the lake of Connaught Connaught during the Jubilee Exhibition of

Developpement du Commerce et de l'Indus- trie en France.

de Paris et des Pays-Bas, Banque LTONS: Societe Generale pour Favoriser le Developpement du Commeres et de Pindas NEW YORK: The Irving Bank-Columbian

trie en France.

Trust Company,

SAN FRANCISCO: The Crocker National Bank

of San Francisco.

BRANCHES IN ASIA A

There are 17,000 registered flour-mills, in Siberia, but according to official data 40 per cent of these have declanxl themselves Insolvent. The important industrids are the exploitation of gold and cool. About Changeinn Hankow Manchouli Tientsin 44 swt. of gold was produced in 1021-a Chefon

Harbin Now hwang Urumtchi quantity which

Yokoban Hongkong Peking unfavourably Dairen compares pre-Bevolution with

production. The Hilar Kasgar han bai Government special Point-stock company to work the spines HONGKONG BRANCH:

this concern is at work in

and

1911. hing Edward and Queen Alexandra

dra Transbaikalia, Irkutsk, Yakotak,

were here as Prince and Princess of Wales the before 1870, and, as a picture at San Cle- mente shows, they visited the lowest church, being almost the last persous to do so betore it was flooded,

most

Interret allowed on Current Acenants and and Fixed Deposits. Terms on application. Local

Bills discounte

Foreign Exchange on the Principal Lities · the World bought and sold.

R. A. RODGERS,

Manager.

promising Leta goldfields. The Government presentei this company with river vessels, of various tonnage and thus made possible the transport of work men and food supplies to several of the mines. The company should have a great fu- tare, as theLena district is of vast importance and the Government lavish in it sup of the gold-mining enterprise port

for the next two years AS the

mines

towards the West Indies one is somewhat saddened to find that the stream context ing with the British Isles is but spasmodic; The yield the main stream to and from those islands cannot be high, following the coast of North and South were deserted so long and allowed to America. Yes, the West Indian link. is become fooded and sanded, but serious decidedly, weak, and it is good to learn work is going on and the propects for the that these islands mean to make a bid for this cannot be said of the coal industry,

later future are good. botter trade with Britain by adequate re-the production of which is approximately 0 prosentation at the Empire Exhibition.

To: West and South Africa, and thence per cent of the pre-war average.

As to education the Universities at

to Australia, the traffic is not so thick as

Thà

And

537)

THE

INCORPORATED.

AMERICAN EXPRESS.CO.

HEAD OFFICE; NEW YORK CITY.

INTERNATIONAL BANKING-SHIPPING-TRAVEL

Eighty Offices to catablished in the Prinzipak Organisations and Private Individuals with complete World Wide Banking, Shipping sad Travel Service.

in other parts of the Atlantic, but it is Tomsk and Irkutak and, the middle schools

L sadly disorganized state: healthy, and is is noticeable that the home-t

without -means.

of Position ward stream from South Africa in elementary education is worst of All Cities of the World to provide Commerciał than the outward; for this reason

Many Since the Moscow Government Kained of the cargo lisers and tramps, after dia control of Siberia. last November the charging as South African ports, enter the State Political Department (Cheka) have de Indian Ocean either to discharge the ba

veloped great activity in the land, especially lance of their cargoes, or to seek new ones, in the Far Eastern parts, to which they have or both, finally returning home the sent vast numbers of their agents. These Suez caual.

systematically persecute all who belong to the so-called intelligentris, or held respou- sible positions ander former Governments.

HONGKONG SHARE MARKET

+

TEE CREAT BOUTÉ TO THE EAST. Turning the eyes eastward, via the Mediterranean and Suez Canal, there is to be seen a constant stream from and to the home country. What is most remark. able about this stream is that it flows past outposts of the Empire throughout

passage-Gibralter, Malta, Suez, Aden, where it divides, one portion going to Indian ports had the other to Far Eastern waters by way of Colombo, Singapore, Penang and Hongkong, that splendid uatural harbour at which a total of some 25,000,000 tons of shipping enters and clears yearly.

From Colombo, too, a branch stream flows to and from Australia Australia and New Zealand are unique in that they are served by threa rentes-the Suez Canal, the Cape and the Panama Canal, Tho latter route savo a considerable distance between the United Kingdom and Now Zealand compared with the other two The greatest rolume of trafic is not to routes, but in the case of Australis the or from a part of the Empire; i 18.all-British routes are the shorter, although South Amerien. The volume to and from

Canada would have been large had the that in the Cape is only just so. chart represented the state of affairs dns-What a wonderful thought. Main inter

Immorial en communications of some ing summer. Being winter, the $60,000 miles, the whole length of which can Lawrence is ics-bound and there are also be traversed without touching on foreign no wheat rhipments from the prairies, Cona quently there is only a trickle to and an these routes the shipa of the Imperial Mercantile. Marine uneasingly. from outlying Canadias ports. Looking ple, prelominating largely over all others

(Continued of foot of west column.) nder foreign flaga

CLOSING QUOTATIONE.

MAY 17th, 1923, Hongkong and Shanghai

Banka

1,050 пон

235

Union Insurance.... Steamboats China Sugarsu... Kowloon Wharves: Whampoa Docks Shanghai Docka Hongkong Landr. Hongkong Hotels. Humphreys Estates Ewo Cotton Mills Shanghai Cottons Orientals Cementa

43 8.

... 230 b.

170 nom. 180

Tia, 103. 350 ra

10. 281 b.

Tis: 5.70-sa, & ä.

974 b.

·18 b

30 b

Watsons Hongkong Electrice China Lights... Hongkong Tram

-buyers; sellers; an—unles

1 nom

22) b

COMMERCIAL/LETTERS OF CREDIT DEPOSIT AND CURRENT ACCOUNTS.

FOREIGN EXCHANGE, LETTEKS OF CREDIT. TRAVELERS CHEQUES. LETTERS OF CREDIT, STEAMSHIP PASSAGES. HOTEL RESERVATIONS BAGGAGE INSURANCE. CABLE AND POSTAL REMITTANCES. PURCHASE OF BILLS OF EXCHANGE.

Every approved Banking Shipping and Travel Transaction.

SMOKERS CIRCLES '

Get them at the

HONGKONG CIGAR STORE, LTD.

and enjoy a clean Comforting smoke.