Evening bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1895-1912, 1911-02-04


merchant marine of the Pacific in
which Honolulu figures as one OF the
most important factors, are thus sum-
married. in report made to the bu-
rcau of commerce and labor by Con-
sul-General George E. Anderson at
lIongkong:
A remarkable situation i'll shipping
exists on the Pacific ocean. 1t Is I'M
derstood that at least two Of the three
lines which afford the bulk OF the
passenger accommodations across the
Pacific from American and Canadian
ports have not been profitable tor
several years, and yet all three lines
announce their intention OF lmmedl-
ately constructing larger, faster, ana
better ships for the trans-Pacitlc ser
vice.
The first announcement was made
by the Togo Kisen Kaisha (Japanese),
which has a sailing from San Fran
cisco to Hongkong once month on
an average, with the two fastest ships
on the Pacific, each of q 900 tons dis
placement, turbine engines, and lux
urious accommodations The company
is building a third ship of the same
class, slightly larger, with turbine en-
gineS and superior accommodations.
and it's announced policy is of further
construction after the new ship IS
launched next July.
These Japanese ships have always
had freight traffic agreement and a
joint passenger schedule agreement
with the Pacific Mail Steamship Com
pany, the American line operating
the chief passenger and freight ser
vice between San Francisco ano
Hongkong by way of Honolulu ant
Japanese and Philippine and Chinese
ports. In July last the Japanese com
pany withdrew from the arrangement
: and established freight traffic agree
;, ment with the Western Pacific rail
| way. the new transcontinental line IL
the United States.
Plans OF the Companies.
The Pacific Mail Company the
commenced constructing two neN
steamers, faster, and better than any
thing else on the Pacific, of the Georg
| Washington class of German ships o
| the Atlantic. They are to be OF 1000
tons displacement, will carry over OF
| first-class passengers, ami are to D
in service within three years. IN
| plans for these new ships III additio
| to the four fine vessels which the con
pany is operating has created SCI
sation in Far Eastern shipping.
The Canadian Pacific railway al
nounces that the Empress Line, b'
| tween Vancouver and Hongkous "
japanese and Chinese ports and ca
| rying British, mails, is to be augmen
| ed at once by constructing two ne
| ships of size and speed equal TO Il
| Empress ships on the Atlantic, wit
/ still larger and faster ships for tt
Atlantic trade The trip from "
| kohama to Vancouver would thus
made in considerably less than
| days.
/. The Togo Kisen Kaish has been III
- profitable for several years, althous
it enjoys d subsidy from the Japane
I. Government of $2,235,00O annual
~ for the American line alone, or 81
q 1874, 1868 for all it's lines. The loss
al partly ascribed to the attitude OF Il
q Chinese people toward that line al
partly TO general business condition
"a The company's deficit at the begi
III ming of it's current season amounts
ID to 1892 ,635 gold. 1t is now report
N as making some money and gradual
n recovering its prosperity, but its @
E felt carried forward at the eginnil
a ofsthe current term exceeded $4O4,O
u gold, The Pacific Mail Co, enjoys
IA subsidy or mail contract and its sc
n eral business position rests upon WI
" it can get from the trade. The r.
rs press Line enjoys a profitable IN
m contract with the British Govcrnme
n which has been the life of its busint
# since its Inauguration, its railway &C
nections also not being hampered
b rate restrictions.
d. Basis for Activity.
IL The one significance Of the additic
n to these fleets under conditions
IL loss and Encouragement is that
M immediate future of trade in the l
n Eas is expected to justify such II
d and immense expenditures. This
what the managers of these lii
b frankly state, 1t is evident that th,
great companies, which are in exc
lent position to judge trade pos
~ bilities and actualties, agree that
n early trade development of China /
XII the Philippines and the Far East g
hi orally demands preparation by
ocean carriers. Their judgment
N supported by immense eXpenditul
which will represent direct losses
m the expected development does
~ materiali2c.
These immensely important deveI
ments in shipping demonstrate az
that the general trade situation in