Mobilization of national resources in. prepers tion for emergencies of the nature which Great Britain {s now facing has concentrated much intention and effort on possible domestic supplies to reduce the dependency on overseas sources. As only five por cent. of Britain's peace time requirements of oil are produced at home—{from coal, while another five per cent, are imi-Ported from sources within the Empire, great efforts have been made since the end of the Mar to find natural' supplies in the British Isles. The statement that "all is more important 10 modern life than any other single product of the earth" may be questioned, but its signifeance is evident from the tentelty with which, all has been sought. Oil was discovered "i commercial quantities at Dalkeith in Scotland during the middle of July, since when it has ing-sing-eht-chow-kan F #3 WIN 78)
Conmwese $18 ren arwuna, $040 PER copy been obtained at the rate of from 300 to 500 gallons a day, and tests have shown the oil {to be of excellent quality. This present output comparatively. small, but It Ip believed that production of 10,000 gallons a day from this all-bed"is quite within the bounds of possibility. Experts have been suMiciently hopeful about the prospects of Britain's of industry to spend considerable sums of money on the search; in addition the Government have spent 600,000 since the Great War. It is of course too. early to: indulge in prophecies regarding the: future of the new industry, but it has started its Jeareer with: one. great" asset: precautionary legislation which, in 1984, vested the ownership of natural' gas "and: petroleum in the Crown, Will prevent profiteering or wasteful methods of production... The "necessity for such ction leven in peace' time: is made clear owing to the extensive <use' of.oil in. the modern Industrial world and especially by ships," Since 1914 there have been great inroads -on all supplies and although exhaustion is not in eight there is need to find other, sources of supply. In 1014, the world's tonnage was about 45,000,000 and 90 per cent, of the vessels were coal fired. In duly. 1937;'the total tonnage hed Increased. to.68,000,000 fons"and more than 51 per cent. were oil-ived. This Mlustrates, the. ever-increasing use of all fuel and although efforts are being made to courage the use of coal yet the tendency 4p for greater utilization. of all and the consequent need. for provision of supplies to meet. the Jdemand, irrespective of any national emergency requirements, The Port of London According to the latest published statistics trame in the Port of London in the year ended on March 31 last, the total Imports ahd exports, together with: trans-shipment trafic, amounted all told to over 44% million tons, the highest figure ever recorded. In the same period, 62,- 600,000 net registered tons of shipping -arrived at and departed from the port, compared with, 52,600,000 tons '(en years ago. "The tonnage of goods imported in 1987-88 was four per cent. more than in the previous year, and the total lof goods exported increased by 4.5 per cent. [Good progress was made during the year with [works for the further improvement and develop. ment of the Port of London. Among the works completed were a specially equipped berth for the discharge. of bananas, the widening of Jauay for the storage of timber, the electrified ion of certain quays, the erection of a number Jot lecirie cranes, as well as many other im. provements and. extensions. Some. idea of the activities of the Port Authority may be gathered from the fact that during the past year 1,900000, cubic yards of material were dredged. from she river to maintain and deepen the channel, white 44 sunker{ vessels and small taft were removed from the river. Not only is the Port of London one of Great Britain's largest and best-equipped ports, but many other factors also. contribute its importance. The broad estuary of the Thames enables the port to be used by lame is, while the port's modern for ships and thelt cargoes fare second to none. In addition, the 'Inland Position of London at the' centre of a: vast nel work of rail and road communteations, and. the [enormous population of the city itself contribute world, make London one of the busiest ports in the Horses and Tanks Sioa lei wih he ove ta 0
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Text read from the printed page and cleaned; old type leaves the occasional error.