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“...swatow.
I
The falling-off in comparison with 1899 is almost entirely due
to the disturbed state of the country round Newchvvang, a most
important market for Swatow sugar. The import of white, shirt-
ings being also affected in the same way, it will be seen that the
unsatisfactory state of things in Manchuria is responsible for much
loss to both the import and export trades of Swatow.
Just as there was a decrease in British shipping in 1900, so British
there is a further decrease to be recorded for 1901, viz., from a shlppmff-
total of 1,601 entered and cleared in 1900 to 1,420 in 1901. On Decreaae-
the other hand there was a large increase in the shipping of our
principal rivals in the carrying trade, the Germans and Japanese.
The former had no less than 304 ships entered and cleared against
144 in 1900, while the Japanese had 394 against 310 in 1900.
The German increase is mainly due to the Scottish Oriental Com-
pany's fleet being transferred to the German flag.
The launches, though...”
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