Greatest Transportation }
Systomlin the World
CANADIAN NATIONA RAILWAYS
THE HONGKONG DAILY PRESS, TUESDAY, DECEMBER 6TH, 1923.
Traverses Every Province: in Dominion of Canada
(la connection with any Trans-Pacific Steamship Line from Hongkong)
On Your Next Trip
ΤΟ
FROM
The Old Country:
TRAVEL
ACROSS CANADA
SEE
The Rocky Mountains Jasper National Park The Great Lakes
Hiagara Falls
Vis-Continental Limited”-Canada's All-Steel Train De Luxe
SERVING
CONNECTIONS · TO
THROUGH FAST PASSENGER TRAIN SERVICE DIRECTLY ALL CITIES AND TOWNS IN CANADA, ALSO CENTRAL AND EASTERN UNITED STATES POINTS.
For full information and descriptive Kiterature, apply to any Steamship
Tourist Agency, or
GENERAL TRAFFIC OFFICES:
Queen's Buildings. 3. Chater Rd.
Phone C. 2004.
KONINKLYKE PAKETVAART
MAATSCHAPPY.
(ROVAL PACKET NAVIGATION CO. OF BATAVIA)
[HE STEAMSHIP TEL
** VAN OVERSTRATEN
“will "be despatched to
SINGAPORE, PENANG via AMOY & SWATOW, 22nd December, 1923.
1st Class Fare to Singapore-$100.
This vessel offers excellent salconaccommodation.
All lower berths. English cuisine.
Doctor carried. Wireless telegraph.
In connection with the Royal Packet Nav. Co.'s (K.P.M.) services to all destinations in the Netherlands East Indies.
For Freight and passago apply to:—
JAVA-CHINA-JAPAN-LYN,
Telephone Central No. 1574:
Agents.
HUGO STINNES LINIEN
Begular Monthly Freight and Passenger Service between Japan, China, Hongkong, Manile and Strails and Hamburg and other North Contimental Porta
OUTWARD from Hamburg via Porta of Call
"Emil Kirdorf
Scheer
"Albert Vögler
Toounge, d..
9,000 tons 12,300 tons .9,000 tons
Arrival
23rd December, 1933.
1st half of January, 1924 Ist half of February, "
HOMEWARD for Antwerp, Rotterdam and Hamburg
Bar
*Adolf von Bayer
Hindenburg
*Emil Kirdorf
*Bcheer
*Albert Vögler
Tonnagh, 4.w.
Departure
9,000 tons
12,250 tons 9,000 tons 12,300 tona
6th Dec, 1924,
Calling at Manila & Cebu. 6th January, 1984.
9,000 tons
•These steamers are fitted with all comfort for the convenience of about 50
first class Passengers.
+ Cargo boat
AGENTS
REUTER, BROCKELMANN & CO.
28, Den Viix Road Central,
HOZOESKON
Phone Central No. 478.
Rely for Relief
upon a thoroughly reliable remedy-a remedy with a repu tation. The reliability of Beecham's Pills explains their solid reputation. They fulfil expectations. This they have done for thousands of people ever since they first came into use. You can therefore depend UPON
Beecham's Pills for giving relief in most cases of Stomach and Liver trouble. Such symptoms as acidity, biliousness, constipation, headache, heartburn, loss of appetite, un- pleasant taste in the mouth and general lack of tone call
for the immediate use of that reliable remedy
Beecham's Pills
PRISCILLA DEAN
and A GREAT CAST
in a Remarkable Picturization
"THE FLAME OF LIFE."
TRADE BOOMS AND "DEPRESSIONS,
CAN THEY BE AVOIDED
At the conference of works managers and others interested in the administration of industry, recently held at Balliol College, Oxford, Mr. H. D. Henderson, editor of the Vation, suggested that it would be worth while considering whether it would not be possible by a banking and policy to stabilias trade so sa to monetary diminish the booms Audi · depressions of trade even though such notandard.
involved the abandonment of the
Mr. Henderson, who spoke on Trade
Flashes-
of the Past
That is Just What Good Pictures are: They bring the Past back to Life, -
Take Pictures To-day; To- morrow; and Everyday."
26, Des Vœux ROAD,
CENTRAL.
Forecasts and their Valas," said that at TACK & Co., present the possibility of forecasting the course of trade was no higher than the possibility of forecasting the weather, but the study of trade conditions had shown that there was no such thing as normal trade with isolated booms and depressions. We were always at some period of the traile
Cycle,
and the war and its after. math only intensified the booms and the following renetian. Booms and depres sions followed a regular caNITY),
First came rising price-pigiron, for instance, was known as the trade bar mieter then came rising money rates and accumulated stocks as people drew money From the banks, until eventually the banks with much diminished cash reserves began. Pressing for payment, and the boorn came to an end, Then followed falling prices and exhausted stocks. The cash reserve at the banks rose again, and thea the banks rinced their rates to induce business men to borrow, and once more the business world was stimulated to activity.
TRADE REVIVALU *·
The question aross whether it would not be possible by a monetary or banking policy to keep prices stable and prevent the boom turning inte that period of rapidly rising prices and speculative activ sty, and whether, by thus keeping prices and trade on an even level it would be possible to diminish greatly the factua tious of trade.
That could not be done without a monet. ary policy entailing either the final aband onment of the goki standard or co-opera- tion between the central banks of the various countries to stabilize the purchas ing power of gold. A great deal could be done by the banking system' alone"with- out any monetary policy.
At present all the signals seemed to be set right for a trade revival, but nobody could confidently prophesy a trade revival for two reasons, First, there was the factor of political complications, but if that were the only trouble the revival was certain.
The second was that there were reasons for fearing that the apparent ease uf money conditions was illusory. Currency notes had been repaid by the public to the banks and torn up, and the currency position was not strong, The final cur rency policy made it very difficult to get suficient potes re-issued to sustain any considerable volume of trade.
After three years of unemployment,” conelijed Mr. «Henderson. yes cannot afford to go out of our way to nugravate deliberately the trade depression simply to
get the pound sterling back to the dollar standard Booner than it would otherwise reach it. Too much importance is attach- ed to the New York exchange. It is not good enough."
NEW CALL FOR EFFICIENCY..
Mr. J Urwick aptaking at the even ing session on the "Old and New in Business, said the course of business management had been greatly influenced by the changes in the industrial units dur. ing the last 50 years. Managment must. nów take a wide vision, and bave its fing- er on the pulse of a larger area than the village or the borough, and this vitalis changed situation called for changes in our methods of management.
Definition, analysis, experiment, and observation were the weapons of scientific management. There is little room for delay,” he concluded. Other nations are straining every nerve to develop the brain- power, which runs their industries, to a pitch of efficiency hitherto undreamt of In the rush of material invention which followed the Napoleonic wars the natural advantages of Great Britain enabled us to become the first manufacturing people of the earth. Now, after a greater war, we find that long start in machine produc-
tion no longer with us
INSURE WITH THE
OCEAN
SACCIDENT Á GUARANTEE, CORPORATION LIMITED.
ACCIDENT & ILLNESS. "MOTOR.CARS, MOTOR CYCLES [FIDELITY GUARANTEES
·BAGGAGE, BURGLARY.
'EES" INSURANCE.
SHANGHAI OFFICE:-
No. 89, PESG Road, SHANGHAL AGENTS for Hoaxsong and South China DODWELL & CO. LTD. " TELEPH, 0. 1030.
2. QUEEN'S BLDO.
SAVARESSES Santal Capsules
The best internal treatment.
So made that tive antiseptic is not freed by the digestive juice. No nausea can result. Physicians recommend them. From all Chemista
THERES A LONG, LONG TRAIL
of
Bugs, Fleas, Flies, Beetles, Mosquitoes,
etc..
all killed by
KEATING'S
MADE
CHERAPION NG THERAPION NI
ERAPION N
INDO-CHINA
STEAM NAVIGATION COMPANY, LIMITID.
BAILINGS SUBJECT TO ALTERATION.
BANGKOK is SWATOW TSINGTAU vs SWATOW
SAN
SHANGHAI
vis HOIHOW SHANGHAI is SWATOW MANILA SHANGHAI SWATOW — KOBE AMOY & SHANGHAL HAIPHONG vis HOIHOW
KOBE is MOJI
SHANGHAI via SWATOW
BANGKOK vis ROIHOW
STRAITS & CALCUTTA
MAUSANG
4th Dec, 10
...Wednesday, 5th Dec 7
Thursday, 6th Dec, 10.03. Thursday, 6th Dec, 1pm
"CHAKSANG
7.Tuesday,
"FUOSHING "
MINGBANG"
***
146
TAISANG
"SULYANG
***
"YUSANG
HOSANG ******* ...Monday,
*LERSANG"
...I'baraday,
#FOOKSANG"
*TAKSANG"
"CHUNSANG*
....Friday,
Monday,
"HOSANG"
Sunday.
Friday, Friday,
7th
Des., 7
8th Dec, 11 a
ས
9th Dec, 12.03. 10th Dec 7 150. 19th Des., 10am
14th Dec, 7am. 14th Dec, Tami 29th Dec, 10a.m. 31st Desy 3 pa
CALOUTTA LINH - This Alas aforde regalat, exilinga, as Calonita, Poring and
Blagapore roaurning from Osloathe steamers prosced via Straita and ringkong to Japan, occasionally calling at Mhanynai, All vissmore bays" uzcellens passager accommoɑssion, are Athed with Wireless and carry a fully-qualified Bargson,
BHANWHA) LINE (-gaffings approximately every three days between Chaton and shanghai, “sometimes calling at 28watow. Through tickets osa be obtained and through "BI of Lading “Bes Immed Hertharm and Yangtuno recte via Shanghai) MANILA. KEN ---A weekly servien la maintained with Manlia jby yousels with gonn
passenger senummedation, suillage from both parts ovary Friday. RAIPHONG LINK:-Sailinge approximately woskiy for passengers and
BORNIO
Gading st Helbow wher indasamsat often! KIMI -Fortnightly eNBANG and MAUNAN 8" (both
W686 KONTA 2.8. “Dit to sad from Bandaran by two. 5,000.0
haring excellent pauronger accommodatas. Cargo, stazen el through Bill of Lading for "Kadas Jezelton: Imbran, Xawan and Lahad Dark TÍENTBIN LANKA repair service is een from March to Movember betweRN
Hongkong and Tiantain, calling at Waibazwal sad Castoo. BANGKOK LINK —A Wookly serylos is provided between Hongkong and Bangkaa via Swalow. Ży ára disamore sited (with up-to-date {panmangsa Booornmodation.
CALCUTTA LINE
abesi
1. "HOSANG" will be despatched on or Monday, 31st Dec, at 3 pm, for BINGAPORE, PENANG & CALCUTTA.
Through Bills of Lading issued to RANGOON, MADRAS, PORT
SWETTENHAM and DUTCH EAST INDIES.
For Freight or Fazmga apply tam
Jardine, Matheson & Co., Ltd.
Tulipaons Distral No, 215
GLEN
AND
GENERAL TKANAGEE.
SHIRE
Jonrijsaavan of ÖzkankeM
· U.K.-STRAITS, CHINA & JAPAN SERVICE
OUTWARDS.
Vocal,
"GLENTARA
Das Hongkong
5th Dec, "CARNARVONSHIRE”..... 14th Dec
GLENIFTEE'
27th Dec. "GLENBEG
10th Jan.
200
HOMEWARDE,
CO IM
Vanel Leave H'kong, Discharges *GLENGARBY“
11th De London Rotterdam & Hamburg.
GLENAPP
30th Des, Genom,
London, Hall, Botterdam & Hamburg. "OLENTARATM
London, Botterdam
Ex
m 17th Jan, Hamburg.
Movements are subing to change without notion. For treight or farther particular uloase apply torm
Jardine, Matheson & Co., Ltd., The Glen Line, Ltd, AGENTE,
Telephone: Central fin, 218 zubux. 28 and Central 2896.
Yet if we are to feed en population The HONGKONG & WHAMPOA DOCK Co., Ltd.
to maintain even "in part 'our
of life, we must keep our place in the race. We can only do it by newer and better methods of management.; Much though we may love the old traditions and the old ways, industry brooks no tarrying."
N.Y.K. SUBSIDIES. ARGUMENTS FOR AND AGAINST REDUCTION.
At present the Department of Com manications is subsidising the Nippon Yusen Kaisha to the extent of Y1,450,000, -Y500,000 for the European run, Y430,000 for the Seattle run and Y200,000 for the Australian run. The Finance Department seems, however, to be contemplating some reduction, though it is expected the De. partment of Communications will object to nay such move. The latter Depart ment it is reported by the Hobe Shimbun, supports the Nippon Yusen Kaisha br stating that the company is doing its best, to improve its efficacy in the tr
Pacile and Australian mail services especially as its vessels are excelled in speel by Japanese unsubsidised vessels and foreign vessels... The proposed reduction by the Finance Department may seem reasonable but the company is now going to remedy its defects as an as possible. For instance, says the Kohn Shimbung the Nippon Yusen Kaisha is scheming a
Botilla
of ten mail houts of 10,000 tons and 16. knots for the European route.. Such boats as the Aleuta and Kama (8,000 tons or so each) will be made more speedy by the installation of oil-burners.
فل
As to the Australian route, the com- pany is realising some profit in the wool trade and there is room for its better- mont. The Seattle "sórvice is the most difficult, on account of the superiority of the British and American mait boats. However, the Department of Communica- tions believes that even in this case the subsidy should be left untouched at least for some time-Japan Chronicle.
TELEGRAPHIC. ADDRESS: "MANIFESTO,”" HONGKONG.
Cones Urn A1, A.B.C. Fifth Edition: Engineering:'First and Second Edition
Western Union- and Watkins
Dock Owners, Ship Builders, Marine and Land Engineers, Boiler Makers,
Iron and Brass Founders, Forge Masters, Electricians.
Steel Twin-Screw Ocean-going Tug and Salvage Steamer Henry Keswick "
Built, engined and equipped complete by The Honghing & Whampoa Dock Co., Ltd, Hongkong for their ow service, 1921. Length 165 B.P. Braadth 84 (m) Depth 17 (m) LH.P. 2000, Fitted with electrically driven submersible and centrifugal pumps, air compressor, wireless, searchlight and all modern appliances for Salvage Work
Pirise address enquiries, to the Chief Manager:
R. M. DYEE, B.Sc., M.IN.A. KOWLOON DOCK, HONGKONG,
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