1923-12-19 — Page 9

THE HONGKONG DAILY PRESS, WEDNESDAY, DECEMBER 1971, 1923.

VEREENIGDE NEDERLANDSCHE

SCHEEPVAARTMAATSCHAPPIJ

(United Netherlands Navigation Company)

HOLLAND-OOST AZIE LIJN

(Holland East Asia Line)

(Members of the Straits, China and Japan: Conterences)?

Regular monthly Service bahroon

JAPAN PORTS, SHANGHAI, HONGKONG AND MANILA

AND

AMSTERDAM. ROTTERDAM, HAMBURG AND BREMEN

Taking cargo for Belgian, Netherland, German and all North European ports on direst or optional Bills of Lading, also to United Kingdom'port on optional Bills

Lading only.

Arrivals from Europe.

8.8. "OLDEKERK" SR. "SAPAROEA "

H

23rd Doc. 13th Jua., 1924.

Sailings to Europe subject to alterations.

SAMOYE

**ZOSMA"

"OLDEKERK”. "SAPAROEA"...

"For

Rotterdam, Amsterdam, Hamburg & Bremen Botterdam, Amsterdam. Hamburg & Bremen Rotterdam, Amsterdam, Hamburg & Bremen

For full parttaniaze please apply 10-

York Building.

Saling on or about

193+

1st Jan, And half Jap, . Mid.of Feb.,

JAVA-CHINA-JAPAN LIJN.

General Agents.

Hotels

JAPAN AND.

MANCHURIA

Members of Japan Hotel Association ofo Thirio BuzzAU, Daez. OF BAILWAYS, TOITO.

Average Rates for Single Rooms (without Bath) including moale Y. 10-13 in cities and some popular resorts. T. 8-10 in country distriata,

Cauzenji (Nikko) —–—–—–

Lakeside Hotel

Kamakura 1

Kaihin Hotel

Marginawa s

Miris Hotel Mampei Hotel

Lober

#

IN JAPAN PROPER

Kypto

Nagoya

Kyoto Hotel"

Nagoya Hotel

Miyako Hotal

Nats

Mateoshima

Park Hotel Miyajima

Miyajima Hotel Miyanoshita

Fujiya Hotel

Oriental Hotel

Tor Hotel

Nagasaki

Japan Hotel

IN CHOSEN

Station Hotel

FER

Keilo (Eccul)

Choan Botel

Bhingithas

Shinginba Station Hotal

ASAHI

Nara Hotel Nikko

Hanaya Hotel

Nilto Hotel Osaka-

Oika Hotel

Shlopont m

San-ye Hotel

IN TAIWAN (FORMOSA)

Taiboku :--Talwan Railway Hotel

I

Shizuoka :-}

Daitok Hotel Tokyo

Imperial Hotal Omori Hotel Tokyo Station Hotel Trafiji Saiyoker Hotel Yokohama

Grand Hotel,

IN MANCHURIA

Changchun

Yamato Hotel Dairan

Yamato Hotel Hoshigaura

Tamatu Hotel

BEER

SPECIALLY BREWED FOR JEXPORT

DAI NIPPON BREWERY CO.

LIMITED

TOKYO, JAPAN.

BOLE AGEN IS

Hoten (Makden) →→→

Yamato Hotel

Byojan (Port Arthur)|-|

Yamato Hotel

MITSUI BUSSAN KAISHA, LTD.

HONGKONG.

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MR. ASQUITH AND THE PREMIER

SHORT-SIGHTED EXPERIMENTS"

Mr. Asquith replied at Dewsbury on November 8th to the tariff proposals of] the Government as outlined by the Prime Minister,

"Mr." "Asquith said they were met under, conditions unexampled in his political ex- perience, It was long than twelve months since the country was copinlted at thei polls, and returned for the first time" for twenty years a purely Tory Government to power. Its watchword was to be tran quillity: there was to be an end of the Fra of alarms and excursions: no rash adventures, no controversial innovations; no foreing of the pace, but a quiet, steady, even jag trot along the old high- way. In particular, a solemn pledge, to which most of the members of the pro.. Sent Government were parties, was given By the then Prime Minister that there should be no tampering with the funda mental principles of our long established. fiscal system.

In what material respet had the situation changed, sinew Mr. Bonar LawyʼN pledge and declaration Unemployment was just as grave and pressing a problem twelve months ago as muby." If Prote don was a remedy for it now, it was just as much, a remedy then, Te ir. Asquith) had always mend his advocacy of Fren Trade upon the hard" concrete facts of the actual economic conditions and requirements of Great Britain. Since 1914 conditions had changed in the sense not of weakening, but of strengthening the case for Fres Trade as the permanent. fiscal policy of Great Britain.

UNEMPLOYMENT AND TARIFFS,

So far as one could gather, the new policy had two avowed objects, first. to fight unemployment at home; secondly, to develop and cement the units of the Empire. He would deal briefly with the Arst of the proposals, reserving the wcond for a bater Apeech. only asserting that Imperial Preference, which did not extend either to food or to raw materials, was nothing but ʼn hollow sham. As to the policy of killing unemployment by import duties, the first, question was: What evidence was there for the proposi- tion, which was never suggested or even hinted at a year or even six months ago, that a main, if not the principal bause i of unemployment was our import of over

good? What were the facts In 1813 unemployment had renched if minimum (2 per cent.) For the last three years it had been over 15 per cent But what weye the comparative figures of our impart tradet Our imports were very substantially greater in 1913 than they were in any of the last three years, on the basis of pre-war phics, This was true of pur importy as a whole, and most strikingly of our imports of manufactures, But the matter did not rest, there; An nualysis had high made for him of the perportion of the total unemployment which Lelonged pio Abe, industries that could be helped hesthe new tariff," The total of unemployed was roughly: 1,240,don. The auribes of those who belonged to the trades in question was not greater than 140,000. The trades, which were most de-j pressed, to which the great majority of the unemployed beboged-shipbuilding, engineering, cutton, not to mention trans portation and distribution, were of a kind that no tariff could help. S that this new weapon, which Mr. Baldwin' declared at Plymouth was the only way of fighting uwmployment, would under present con- ditions give no relief to soma 90 per cent.. of the whole,

The whole case might be summed up in two single propositions. First, imports were less than they were, while uuem- ployment was deplorably greater. Sec- ondly, the vast mass of unemployment was to be found, not in the trades which the new duties would protect, but in those which would be altogether beyond its scope What was the real cause of the growth in unemployment The real cause was that the total trade of the world had shrunk. Europe" was unable to buy on the old scale, and the volume of exports' had declined. Wo who depended „more than any other country on our export trade had been on that side the hardest hit; and that was the main reason why so many of our people were unemployed. Protection in either of the farms now sug- gested would still further hamper and handicap our export trade. The remedy was to restore the productive capacity and the exchange power of the world. That was the opinion of Mr. Baldwin himself as lately as three months ago. There was no other road, and they were simply walk- ing into a blind alley if they allowed themselves to be misled by these half- hearted, short-sighted, lopsided experi- ments in Protection.

SHORT MEASURE COMPLAINTS.

GERMASTARDS."

The London Chamber of Commerce states that the complaints of thort mea sure which have recently been made by overseng buyers, more especially in South American countries and Japan, have been found to be due to the use of German tape measures, accurately, mirked with metre measurements on one, gidle and with the | old, German yard or "cle" of in, on the other. The Chamber has already taken steps to warn its correspondent, abroad, as well as the Board of Trade and the Department of Overseas Trade, of the in- jury which will result to British commer- cial prestige unless foreign buyers use mensures of British standard and mana- facture. In one specific instance of com- "plaint, with reference to cloth shipped to a South American market, the Chamber stated that it was able to obtain the actual measure used by the buyers, and found it to be marked Rhineland," giving the German yard or “ello" of 37in.

A great chango has come over the elec trical industry wo have entered the era of big things, As to expital, we are dent- ing nowadays in millions instead of in thousands, as before the war.Sir Harry Renwick, K.B.E.

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Sale Peņbrietora: STEPHEN SMITH & CO., LTD., BOW, LONDON, ENGLAND.

INSURE WITH THE

OCEAN

FACCIDENT & GUARANTEE

CORPORATIONY LIMITED.

ONNOMAICO IN CT SAITÉ AU

CIDENT & ILLNESS.

FOR CYCLES UARANTEES BURGLARY

OYEES INSURANCE

SHANGHAI OFFICE :-

No. 59, PEKING ROAD, SHANGHAJ. AGENTS for Hongrong and South Chink

DODWELL & CO. LTD.". Tzzare. C. 1030. 2, QUEER'S BLDG.

THER

E

INDO-CHINA

STEAM NAVIGATION COMPANY, LIMITED.

"SAILINGS SUBJECT TO ALTERATION.

SHANGHAI via SWATOW....

MANILA

SANDAKAN

BHANGHAT is SWATOW

HAIFEONG

Za 8HANGHAI

via MOJI

SWATOW . HOIHOW....

25 rin SWATOW

BANGKOK A BOIHOW.. STRATES & CALCUTTA TSINGTAU is SWATOW

SHANGHAI

STRAITS & CALCUTTA

"WOSANG "SUISANG

"WINGSANG

Friday,

1st Dec. 7 at

Saturday, 22nd Deo, 11 m) Saturday, 22nd Dec. 1 p. Sunday 23rd Dec., 7 am Tuesday.

25th Dec 7am. 20th Dec., 10

Des, 10am

FINSANG

แ

TINGSANG

"KWAISANG"

"CHIPSHING

FOOSHINGTM Friday,

TAISANG

Sunday,

*CHUNSANG ...Sunday.

Monday,

31st Deo, 3 pm

fath De Noon

NAMSANG „Thuraday,

LAISANG

"YATSHING"

FOSANG

28th Dec., 20th Dec,

30th Dec 10 m

Wednesday, and Jun., 7am. ..Tuesday, 8th Jan, 3pm

CALOUTTA LINE --- This Lixo affords regular sailings is" Caisatie Peanor and

Singapors; revarsing from Calontis steamore prossed via BerxĪTE and Hongkong to Japan, eosasionally calling at Shanghai, All teamers have erosilans pasienger accommodation," APE Atbed wilt Wiralozs and carry a fally-qualified Sargton.

SHANGHAI LIKE-gallings approximately every three days bouwen Uaxton and Shangaal sometimes aslling så Swaton. "Through tiskata sam be,obislami and through Bill of Lading am Xarthurkant Yangtess Parta vis Khanghai MANILA: LINK:-3 weakly arytes is maintained with Manila by vezel with good

Pamanger secommission, exlilinga from both perts every Fridays HAIPHONG LIND—Sailings approximately weakly for paragna and cargo calling at Holbow when indaromas offer SOEN10

Fortnightly ISANG and B. KAUBANG both start

TIENTSIE BANGKOK

#DRAZVISEN AR. **

to and from Sandakan by kws 3,000, seNS

excellent passenger accommodation. Cargo taken st hrough Buls of Lading for Endst Tenseiten. EXDERIN TAWA and Lihad Datu LINE-A regular terrica in run from March to Baramber 'between

Hongkong and Tianhin, calling at Welhaiwal and Chator, p LINEA weekly rervice, in provided between Hongkang and Bangkek Bwakow, by dys steamers Stiel with up-to-date Įpassenger socommodation,

CALCUTTA LINE

“HOSANG" will be despatched on or abezi Tuesday, 8th Jan., at 3 p.m., for BINGAPORE, PENANG

& CALCUTTA,

Through Bills of Lading issued to RANGOON, MADRAS, PORT SWETTENHAM and DUTCH EAST INDIES.

For Freight or Paacage apply to-

ኃኔ

Jardine, Matheson & Co., Ltd.

TELE?EGNA JNTRAL No. 218

GLEN

AND

GENERAL MANAGER

SHIRE

JOINE SERTION UF: ÖZKAMMES,

U.K.-STRAITS, CHINA & JAPAN SERVIOB

OUTWARDS.

·* CLENIFFER" "GLENBEG "GLENBANDA' "FEMBROKESHIRE'

HOMEWARDS.

Das Hongkong. Vessel Leaves H'kong. Discharges

28th Deo, Genoa, London, Hall, Rotterdam & Hamburg 20th Jan, Hamburg,

27th Dec.

* GLENAPP”

14th Jan.

-28th Jan. 7th Feb.

"" GLENTARA"

London, Rotterdam.

Movements are rubfeo to change without notien.

For freight or further particular please sypły towww

Jardine, Matheson & Co., Ltd., The Glen Line, Litd,, Aguste.

Televhone: Central Eo, 215, rub-43. 13 and Central 2596,-

THE HONGKONG & WHAMPOA DOCK CO., LTD.

TELEGRAPHIC ADDRESS: MANIFESTO," HONGKONG.

CODE USED: A1, A.B.C. Fifth Edition: Engineering: First and Second Edition Western Union and Walking, Berson's, Marconi.

Dock Owners, Ship Builders, Harice and Land Engineers, Boller Makers, Iron and

Braas Founders, Forge Masters, Electricians

OIL TANK STEAMER "PALUDINA"

427′ 0′′ × 58′ 1′′ 81′ 0′′ 8,400 tons dw, × 8,100 HP.

Built by THE HONGKONG & WHAMPOA DOOK CO, LTD, at KOWLOON DOCES to the order THE ANGLO SAXON PETROLEUM.CO, LTD, being one of four similar vessels kuilt in there WORKS to the same order.

Please address enquiries to the Chief Manager;

R M. DYER, B. Sc., MLN.A. Kawicox Docz, Hosezone,