1939-02-23 — Page 30

THE HONGKONG TE LEGRAPH, THURSDAY, FEBRUARY 23, 1080.

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The Empire's Financial Interests in China, Affected by Economic Changes as Well as by the Present Conflict, Are Heavier in Shipping and Investment Than in Trade Itself

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The question of newspaper Censorship in Hongkong has again. been brought to the forefront by

>>RONGKONG

Gondnow

economic differences between opened to foreign residence and trases Even in this lowly department it is the Treaty of Nanking have become

inetuding shunghat,

stretch of

THE GATEWAY TO ANCIENT CATHAY OF WESTERN IDEAS, INSTITUTIONS, AND GOODS IS A BRITISH CROWN COLONY"

calls a vegetable in China. This his two other parts. the suppression yesterday of all reference in Chinese newspapers IN A BROAD generalisation, good deal about the rights of general Dr.

trading. And, to help that trade, civilisation, meaning that the people in addition to trade; namely, invest to the Japanese raid on the Colony Adam Smith expressed the four more ports of bottlenecks were are dependent mainly upon the plant ment and shipping.

world for their food and clothing. These ports which were opened by on Tuesday.

for some time, we understand, there has been an agitation in Chinese newspaper circles to test the constitutionality of the legis lation which so effectively muzzles the Chinese Press. Indeed, we believe that action on these lines would have been taken in 1936 bad not assurances been made that

the

matter likely to incite breaches of porcelain, and other objets d'art, quisitions were criticised in England. impressive. The United King utilities. Through this

HERE were two difficulties in the

il

market

port flows

Dritaln

a few tumbledown not self-supporting. Population has East and West in the early days mudflat with

bus, now Asia's been outracing available food supply wealthy emporia; particularly Shang- haf. When the pioneer tradcia of modern trade when he obser- shermen's

Wentiment city, in action, long before, and since Chen Lung de moved into Shangan on the heels of ved that the East farmed and kong, an arid rock, which was used clared China's economic self-suf- the Treaty of Nanking of 1842, they marked out plots on the Whangpu Britain.

tidal river of the Yangisze. Moreover, those early purveyors of

River, manufactured but did not carry. as a pirate's hideaway, was cedeul to fieleney.

dank with an 'over- Consequently, the West had to

The distinction between Hongkong cotton textiles in Lancashire seem It was then

of reeds. On steel

piles and Shanghai from the standpoint of never to have envisaged the time rowi

driver inte come to the East.

into the mud eventually rose By more than any other factor the British interests is vital. Shanghal when the Chinese and the Orientals driven monal Shanghai, the world's

was leased in perpetuity to the generally would themselves adopt

fourth port.

willin this

settlement British alone have amassed over censorship would have been con-imagination of the western sea rovers foreign land renters individually, and the industrial revolution, Butas runk you know, they have adopted it.

helped With Shanghai, long- And they have fined to (a) anything subversive had been stirred by the presence in "just growed" into a self-governing

to kill the £150,000 in investments; that is, trad- to the British Empire: (b) any-European markets of Oriental teas, municipality.

banking

mills and factorles British hopes, and Cathay of western kleas, institutions, so many fond

Mees, thing likely to damage Hongkong'silks and cholee, handmade non- kung is the gateway to ancient trade around which there used to be ing concerns, warehouses, shipping and relations with friendly Powers; keens, spices, ivories, ornements of and goods, but, unlike Shanghai, it is they have helped to make Lancashire (for Britain owns a number of the factories in Chlua which outcompeted (c) communistic doctrine, (d)amber, and other semi-precious stone, a British Crown Colony. Both ac a distressed area. The Dures are

Lancashire), real estate, and peace and good order in Hong-brought from the East by the over- It is said that the British Empire was before the war, shipped cotton kong; (e) indecent matter. land route. These luxuries were a treated in an absent-minded menient, goods to China (including Hong- nearly half of China's foreign trade. but the men on the spot seem to have tong) amounting to 717,000,000 near which means that headquartered in We wonder under which cate constant incentive to the navigators had a pre-vision which was anything yards. By 1930: the amount was less Shanghai are prosperous shipping than one tenth. The drop was even lines plying between coastal and Kory fallar

the suppression of to find an all-sex. route to what they but absent-minded.

greater in the trade with Japan, riverine ports as well as the docks of called the Indies. With the Portu- legitimate news in connection with

British interest in China was mo- and, to add insult to injury, Japan home shipping concerns.

by commercial tivated solely Tuesday's border outrage? We guese discovery in 1408 of the Cape

im-****

is now beating England at her own owns half of China's carrying trade. perialism. There was basically no

most of the railroads were have seen a censor's proof of the route, the way was open, and into

game, and in so proficient that prob- Then

Govern- deletions from the "Luenhokan", Asiatic waters sailed first the Portu territorial design. Indeed, the break- ably the best Inam in the world is built with British capital.

ment loans are held by British in- the tabloid

jointly guese, after them the Spaniards, then up of China, which seemed to be im- newspaper

vestors, and mines are concessioned.. published by the Chinese News- the Dutch, and finally the English, iminent in the nineties, caused most Japanese, the Toyoda loom.

alarm and perturbation in Downing It is now time to look into that to British interests. paper Owners' Association while who established a trading post, or Street. For it would interfere with trade as it stands to-day. Britain their own papers have been "ractory," at Canton in 1604.

trade. The British sought frantically sells to Japan iesa tan £4,000,000 suspended during the lunar New

to prevent the break-up of China, worth of merchandise. She buys How much is it all worth? We Year holidays. Not only has the the

They suggested the Open Door policy, nearly three times as much as that, have to take the authoritative esti censor red-inked news on

Japan as mate of the American economist, Dr. In the Taiping Rebellion the British nearly £8,000,000 worth, Brilish for

goods early days of trading with China.

C. F. Remer, who has made a special hombing outrage gathered by the

in Chinese paper's own reporters, but One was the hostility of the anti- lent General Gordon to the Manchus

The in order to keep the Manchus on the rudly disparing-imports as study of foreign investments

ALS China. Out of a total of £500,000,- has also suppressed re-publication commercial Manchu court,

Dragon Throne. It was a poor ser- well as exports--are insignificant 000 he reckong the British are ot

to amount. China's

is be!- account of reports which had already Manchus were what we would now vier to China, for the Manchus were to

Brilish ter, it was showing signs of increase about half, of £200,000,000, over two appeared in contemporary English call autarchists, and nutarchisis with doddering in decay, to the Brion when the Sino-Japanese War broke thirds of which is located in Shang- language journals. The "Luenho-

"Our themselves realized out benefit af ersatz materials,

they prevailed upon

pon the Japanese not out

nout, but even with China the totals hat kan", when its own reports were suppressed, endeavoured to "lift" Celestial Empire," wrote the magn to interfere with the Nationailste ne are relatively slight. Britain buys In order to put this estate in per- ficent Emperor Ch'ien Lun volution against the Manchu dynasty from China (and Hongkong) about the full report published by the

possesses all things in prolite abune which set up the present Chinese Re- ley ergs, and their derivatives for with the shares of other

£8,000,000 worth of merchandise, spective, one must set it side by side "Hongkong Telegraph". news, available to anyone who dance, and lacks no product within public, Cluser to

Its own borders. There is therefore have beel the continuous efforts to British confectioners. Britain sells England's stake in valued at 2250,- could read English, was not por-

no need to import the manufactures build up China and help the Chinese to China and Hongkong almost as 000.000, with Japan next at £150,-

muell, mitted to be published in Chinese

£8,000,000 worth. All these 000,000 and the United States a long in attaining full sovereignty, which

£40,000,000. with

So lost in the sum of way third. figures are "Reu- newspapers. Similarly, a

of outside barbarians in exchange 201 began in the Foreign Sceretaryship Heilan's foreign trade, which last though Britain Ings badly in trade. ter" report from London, stating our own produce."

of Sir Austen Chamberlain's. This that the British Ambassador In

The second difleulty of trading policy was assiduously pursuet from year was: Imports, £800,000,000; ex- it is well in the lead in the value Tokyo was lodging a protest with

1931 to 1837, when China was suffer- ports, £100,000,000. Thus Britain's of its estate, with Chine was that it was not trad- ing from the effects of America's exports to China in 1936 were about the Japanese Government, was mutisted to auch an extent that is! Trade is a two-way business, silver policy, and no doubt accounts i per cent, of its total exports. Not

the in part for present-day Japanese much of a chestnut here! an entirely different interpreta-goods for goods. But, just os

bitterness toward England. Lion was placed on its meaning. Manchu court was hostile to trading. A "United Press" message had all so the Chinese were really not in- In colton textiles there was a com-

The sad state of British trade in of Britain's tatal Investment, and in except one paragraph deleted. terested in Western produce, though modity for which there seemed to be the Orient has been the theme of a normal period of peace adds less It seems to us that the height they ready took silver in payment an italtable demand on the part of more than one report of a Briush than £10,800,000 to British national of absurdity was reached when the for their own produce. Accordingly, nearly 500,000,000 people. The hold economic mission since the World Income. This amount, small as it is, on the imagination of British indus War. The first one in 1930-31 noted is certainly in danger from the Sino- censors forbade Chinese nows- the bonts used to go out loaded to the trialist of the possibilities of such sagubijotiky, "We find our compel- Japanese War. But so are income papers from mentioning the fact gunwales with pieces of eight, Carolus trade was quaint, For population or at Chua and Japan in markt China are mutually engaged i tors beating In supplying the of other nations, even China's, in China. It so happens that Dritan that itis Excellency the Governor dollars and ballast.

H. M. needs of judgment.

used factured rond journalist-explorer, was at Fanling at the time of the

goods." Britain, even with outrage and that he had procceded Eventually, the Americans hit on to stir Manchester audiences by Hongkong (which is merely a trans- protecting one another's trade stakes. The lunger China holds out, the to the scene of the bombing short-something that the Chinese values, drawing cloquent pictures of the shipment point for the Hoots of all

This was ginseng, esteemed all over prospects of commerce with Africa non China's purveyors. The first estate

nationalities), now ranks

fourth more chance there is of the British Indeed, the being saved. ly afterwards.

domestic supply was running low persunded the Negroes of the Congo is mention the fact that Bishop Hall when the Empress of Chinn set sail, to wear clothes at least on Sunday. Japan, the third Germany. All of weaken Japan that Britain, serv had proceeded to the frontier to and the Americans bullt up as their When the natives had further learn-

arn- them have profited from the falling

Chinese

This

newB-

has always Stanley, the

betrayed

as

there

UK

powers.

However, these figures are not really impressive, especially in thear £200,000,000 days. A sum of £250,- 000,000, after all, is only 6 per cent.

papers were also forbidden to China as a medicine. The Chinese when the missionuries should have the United States, the second length of the Chinese resistance may investigato the damage to the main export product the swapping of cd to array themselves in cotton on off in British trade. But, titing the cause of expediency, may be

of tho that cen-

for the

the encouraged to move more netively in Shum Chun refugee zono,

what a contemporary American writ- week days as well, the looms of Lan Sino-Japanese War broke out, British south and central China (never in We believe that such censorshiper called "this useless produce of our cashire were to know no cessation. faith in the recovery of a modicus North China, I belleve)

mountains and forests for the "ele- Similarly, the late Wu Ting-fang of trade was riding high, for it was preservation of her estate, even for of legitimate news will greally unt luxuries" of China. An excel- was wont post-prandially to hold hoped to expand the Chinese market the integrity of that part of China. strengthen the claims

tent illustration of the virtues of in- forth on the accretion to world trade for egineering products, to take the Chinese newspapers

ternational Leadet England, in her which would result when the icem- place of the vanishing textiles. Tu sorship Ju Hongkong is return, hit on oplum, though she didn't ing Chinese should have been in that pressive. In fact, if Insbury's introduce it. It was introduced by duced to add half an inch to their Britain's Chief Economic "Laws of England" is an the Arabs, I believe, as far back as shlet tails.

had been in China for almost authority, tho ontiro

question the thirteenth century, but the Chi-

of constitutionality is raised. Inese took avidly to Indian oplum,

wri Sir

Frederick. Lett.

year;

Spelling Bee

Dr. H. H. Kung had virtually obtain- HOW many of these words are But Chinese buying power, like ed a fairly sizable loan in the British

saya: "The Crown cannot, apart i which was carried in British bottoms. African, la restricted. In spite of the market: a happy arrangement on the other?

•

pokuy

correct and what is wrong with

polemic stockingette

arguety pollenato

stonchach English Oxford Dictionary spell- found oir

from the rules of law relating to

early fables of the sated East, it is rallrond debis had been reached; and the licensing of stage plays, or CYSTEMATIC foreign economic in a bitter fact of modern experience even the abolition of extra-terri- to blasphembus or seditious libels, tercourse with China starts with that hunger is the dominant problem toriality had been initialed nd re- or the tablication of reports of the seace treaty, the Treaty of Nan of China. The salutation : "Have ferendum.

Briksh trade with China is by no ings of these words will Judical proceedings, exercise any king. 1842. Nothing about uplum you eaten to-day" not "low are control over the public press. appears in the peace treaty, but a you?" Economically, China is what means the extent of the British estate page 9.

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