1931-02-21 — Page 3

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FOR

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TRESS,

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HONG KONG.

SPRING MEETING.

Members' Tiffin Boxes.

We are prepared to deliver Wines, Spirits, Mineral Water, etc., to Private Boxes daily during the forthcoming Annual Meeting.

All unconsumed stock will be collec- ted free of charge and allowed for in full at the end of the Meeting.

CALDBECK, MACGREGOR & CO., LTD.

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ICE HOUSE STREET.

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Office Poddor Building, 4th Floor. Showroom-27, Nathan Road, Kowloon.

TELEN FUN KEN

Canton Office

awatow

SHAMIEN GEBR. ROTSI

TELEFUNKEN

LONGEST EXPERIEN

—LATEST DESIGIL

THE HONGKONG TELEGRAPH, SATURDAY, FEBRUARY 21., 1931.

BRITISH MISSION

ENTERTAINED.

CHINESE DINNER GIVEN AT WEST POINT.'

COLONY'S

TRADE.

and the unlimited expansion of Bri. tish trade.

WC

TIN RESTRICTION MEASURES.

MALAYAN AND NIGERIAN POSITION EXPLAINED.

Sir E. Thompson Replies. Sir Ernest Thompson in reply said:

I have frat to thank your very much for the Invitation which you sent to

London, Feb. 20. our Mission and I want to tell you how much

in the House of Commons, re appreciate the honour of dining rond. Shiels

plying to questions, Dr. Drum- with you this evening. We ap- Government had approved-in- sinted that the preciate this honour very much principle of the Governments of boenuse we know that it brings Malaya and Nigeria legislating ua in close touch with the lead-to regulate the production and ng Chinese merchants in Hong- expart of tig, as from March 1, kong

being satisfied with the detalls subject to the Secretary of State for

£1 international

scheme, after negotiations. with representa- tives of the Dutch Indles and Bolivian Governments, And1 the understanding that the work- controlled by a committee of re ing of the restriction schemo be presentatives of the four Govern- ments concerned, whereby the in-, tereata of consumers will be pro- in price. tected against any excessive rise

Members of the British Fronomic Mission and officials of the Hongkong Government were the guests of honour at a Chinese dinner given at the Kam Ling Restaurant last evening by the members of the Chinese Chamber of Commerce, Mr. Yik-mul (chairman) presiding.

Addressing the diners in Chin- esc. Mr. Li Yik-mul, whose speech was interpreted said: Sir Ernost Thompson and gentlemen. You members of the British Economic Mission and Officials of the Hong kong Government have done us a great honour by favouring us with your presence here to-night sa it gives us members of the Chinese Chamber of Commerce the optright. portunity to extend to you our miest | sincere greetings and at the same time to cultivate your acquaint

ance.

Hongkong, being the last place on the programme of your Mission's visit to the Far East, to-night's gathering in the last opportunity we Chinese merchants may avail ourselves of to extend to you our heartiest and warmest welcome. You will, therefore, permit me to any a few words to commemorate

to-night's occasion, as well as to wish you a bright and prosperous

future.

You have said that this is the last opportunity you will have of meeting

the members of our Masion. I want also to say that this is our

last night out. We have hnd

many occasions and many Invitations to dine in different parts of China and this is the last occasion on which our Masion will go out to

dinner. We are also very glad indeed that we shall be able to remember what an exceedingly good Chinese cinner has been put before

us

on

Mr. G. R. Straubя (Lab.) nek-i how frequently the quota might be varied, and Dr. Shiels replied the that It would be periodically, but

actual

periods would be

Your Chamber of Commerce is stand that it includes practically a very important one. I under- all the leading Chinese Arms, settled after consultation with the. and not only the firms, but many international Interests concerned.. individual members of the com--Reuter. munity and also the leading local guilds and associations. We have recognised that there must be your help in the efforts which we many special dificulties that are have to make to secure again for, found in the many special trades ourselves a better place in our in tongkong. For that reason we trade with China. have been busy in trying to look this co-operation, and help I think When I way that I want to claim; into the deuitics if there any, in the situation in Hongkong ment which we have received over may say, judging from the treat- while we are here, so that We here. can give that point special

I feel quite aure that we at-shall receive it. tention when we come to prepare our report.

are

In conclusion Mr. President, I should like to say just one word. about the importance of the work) of Chambers of Commerce. I look upon the work which they can do Possibly one as of the utmost importance to the thing you had in your mid was commercial

community. There the same thought that was in the are always difficulties in trade- mind of the President of the sometimes, I am afraid, there are Hongkong General Chamber of disputes-but I know what other Commerce when we dined with Chambers of Commerce do and I Them the other evening when he am also sure

૫. પંચમ

your Chamber of Haid that China is a price market.

Commerce docs everything that it This was very much emphasized, can to help in dificult matters. 1 notfeed, in the Jocal Press on the following day. think I can say on behalf of my colleagues that we have been told this

South China Trade. Since Chian was opened during the late Ching Dynasty to inter- national trade, foreign goods began

Mr. President you have warn pouring into China from every e us that to compete successful direction. In South China Britishy we must seek improvements goods used to enjoy the greatest alterations. sale as they were the most popular. As a free port for nearly a hundred years. Hongkong, with its facilities for transhipment and warehousing, has become the rentreport of Sino- British trade and as such has be- come one of the most flourishing and prosperous cities in South China, In view of the fact that British goods have a great deal to rely on Hongkong for distribution and that on the other hand it is by virtue of British goods that Hong- kong largely derives its prosperity, the importance of the relation bo- tween the two will be easily realized. Their interests being 60 identien), their fate so interwoven that the rise or fall of the fortune af either cannot but have its re- pereussion in the other.

Being FL smali merchant of Hongkong myself, naturally would like to see the prosperity of Hong kong and the increasing sale of goods. I venture to say that such a hope is not only mine alone but that it is also shared by all Chin- merchanta here. After the close of the Great War things un- fortunately are not what they used to be. Since

then the trade of Hongkong has derlined considerably as compared with former days, while the import of British goods has also greatly fallen off. For example, let us take Piece Goods which constitute the biggest item in British exports to China. Or the total volume of imports of all foreign piece goods into China Great Britain used to claim 70% while the rest of all the other coun- tries together could claim only 30. But the reverse is trne to-day.

British Products.

до

One of the greatest worka that, the Chamber of Commerce can do is to see to it that all the traders! in its district are able to trade in] very frequently that I think we an equitable and fair and just must surely have

manner with the help, and accord- evidener to prove the sufficient ing to the rules of its Chamber of truth of Commerce,

that saying. I think I may also say that at all events that point should like to re-echo: that it is You said in conclusion what I of view will receive the very our hope to do anything for the special attention of our Mission. Improvement of trade, that we Perhaps, Sir. you had other hope that it will not only benefit improvements and alterations in Anglo-Chinese trade but also bene- mind and it so we shall carefully at the trade of Hongkong. search through the advice which Inak my friends to drink to the has been given quarters of China and see whether

us from all health of the Chinese Chamber af

Comineree (Applause). we can use that advice in order benefit to introduce alterations for the like to say here that it is a great of our trade. I should

acknowledge the very great help pleasure to the to be able which we have received in all parts of China from the various Chinese Chambers of Commerce.

Hear, hear.)

to

We have received a great deal of assistance from them, from the dealera, from the merchants and, in fact. we have received

kindness and assistance from the whole Chinese community in what- ever part of China we have been.

Keeping in Touch.

Whatever changes may be made and in whatever way we pursue As regards the volume of other pur trade in China, I think it is lines of British products, most of in the interests of all our traders them have not increased to any ex-

at Home to keep in as close touch tent, while some of them even find as possible with the Chinese con- it difficult to retain their former sumer. I believe and I certainly position. Under these circum-more than hope that the prezent stances British products I am afraid times will change. I hope that the will not be able to compete auccess-present depression which has fully with those of other countries been passing over, not only this unless determined efforts are made to seek necessary improvements and alterations. It is therefore most Fortunate that you members of the Mission have made a timely move by coming out here to make per- sona? investigations On the

country, but others as well will 500n pass away. It is surely our business to perfect our plans and to improve our machinery in whatever direction we can so that we can take much and full benefit when these improved times come.

spat. IL is my sincere hope With China a peaceful country

that yon, having travelled we feel quite certain that there Thousands of miles to come out to will be a return to great prosperity China and having visited all the here and that necessarily will important ports and cities through-make a great Improvement in the ut North and South Chinn, will economical situation. I hope that Lurn into good use of what you have with such a change, we shall not seen and heard during the present always have to look upon China visit and devise a plan of improve as a price market, I hope that by ment and reform with a view to better standard of living that regaining the lost ground of your

there will be a a better standard of China trade. With your cleur for many of the class of articles that

and purchases that you will buy sight, with your keen sense of die-we, in the United Kingdom, make leernment and, lastly, with your better than in all the countries of

powerful resources, coupling with the world. (Hear, hear).... the careful and thorough investiga

During this time of reconstruc

goes almost without

tions carried out during your pretion I think sent visit, there is not the slightest

In the not distant future.

doubt that you will attain your end saying, how willing wo are to help in every possible direction. Whe ther that direction is a direction Inasmuch as whatever increase of Bannée, wh

whether it is

la the direc- you will be able to bring about in tion of material or in whatever your axporta to China will indirect way it la, I think you will And iy and correspondingly contribute Great Britain vory willing indeed to do everything that is possible. (Hoar, hear).

to the prosperity of Hongkong, ang Improvement you gentlemen of the Mission may achieve as the restit of your present visit will benefit

Great Britain for China la such a I think that the friendship of not only Anglo-Chinese trado. but real thing that you may look upon Hongkong also.

practically anything that you wish

I therefore lift my glase to in our direction. Just as I claim drink to the health of you mambers that about this friendship I want of the British Economie Mission to claim your co-operation, and

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1931

SPRING STYLES

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4

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