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A. S. WATSON & CO., LTD.,
Established 80 Years.
Ltd.
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The China Mail.
TRUTH, JUSTICE, PUELIG SERS CE
HONGKONG, TUESDAY, Du:, -21, 192.
eace
M
MORE THAN £172 000,00
THE CHINA MAIL.
LOCAL AND GENERAL
A football and a volley ball team
from St. Pani's College, Hongkong, is at present visiting Canton.
When the "Tenyo Maru" sailed from San Francisco, she carried a record passenger list, $1,600,000 in treasure, and 2,500 bales of cotton.
The Canton Government will
Tuchun of Kwangtung, is reported General Lung Chikuang, former
to be coming to Hongkong in a few days. His departure for the South is believed to bear importance to the situation in Canton. Several of
MR. N. J. STABB
IMPENDING RETIREMENT,
BIG FAREWELL DINNER.
CHINESE TRIBUTE TO BANKER.
TUESDAY, DECEMBER 21. 1990.
are
enormous.
firters may. Let us impress once
I have had the privilege of knowing several other places. There was no more upon you the wicked misuse!
Mr. Stabb for many years in business Bank in those days. About 20 years of a beautiful word that makes }
and out of business and I only wish! later our present building was erect- **amateurish" alust a synontin
could give adequate expression to my ed. It was called "TJ's. Folly." for bad. Thus, Lord Dunsany is
appreciation of his sterling qualities Twenty years later we find it very On his worth as the successful mana-much too small for us. I am not not an amateur playwright. He is a dilettant, and we get from him
get of a great financial institution it talking now of the Bank, but of the rubbishy plays. He is an amateur
is unnecessary for me to enlarĝe. business of the place. Jardine's bad As you know, another massive large palatial buildings though now revolver si really loves revolver
structure is building as an annexe to shut off from the sea front. Many stening, and can print his name:
the stately pille so well-known to others have large buildings now, and eatly with bullets on the wall his billiard rockz. What he loves
Hongkong business men as the in another few years there will A large and typically lavish Chinese "Hongkong and Shanghai Bank." in be more. I think the possibilities he does well. What he merely contribute $12,000,000 towards the dinner, in honour of Mr. N. J. Stabb,order to provide accommodation for of this place. flirts with he does indifferently-capital of the Provincial Bank of O.BE the retiring Chief Manager its ever increasing business. And I There is room for all of Many of our local painters do not Kwangtung, according to a Canton of the Hongkong and Shanghai Bank would point to its solid pillars Chinese and foreigners alike, and Love paintings they love pastime. paper for the next twelve months, ating Corporation, was given last night and granite walls as a symbol I think that if we pull together the Herein is a tremendons difference, an instalment of $1,000,000 a month at the Kam Ling Hotel by a number of the Bank's 6nancial success of merchants and bankers is We all know the difference between
of Chinese merchants and bankers. stability and as an enduring mont assured. I would like to thank Sir the man who loves Bridge as a
The graduating exercises for the Including the other guests of pro-ment of Mr Stabb's management Robert Ho Tung for his kind re gate, and the man who boasts that Class of 1920 at the Kong Chuen minence, and the hosts, there were conducted with such conspicuous ferences to my wife and also heartily be musely plays it to kill time. We Hospital, Kong Chuen, Canton, under probably 150 in attendance. The ability and signal sucĉesa.
to endorse his remarks about my all know which we would sooner the New Zealand Mission, was held floor which had been set aside for The great war has taught us many successor, Mr. Stephen. If Mr. have for partner. The ladies could last Saturday afternoon, when four the occasion was brightly decorated lessons, and not the least vainable Stephen were not present I should tell us, if they were less shy, whatyoung women and one young man with innumerable flags, lights, and one is the realisation of the marvellous- enlarge very" considerably on his sort of an nrikes the best lover, were presented diplomas as trained coloured hangings. The dining hall ty delicate mechanism of national and many sterling qualities--(applause): A man who is consistently and purses. Many Chinese and foreign itself was a blaze of colour and lights, international finance. A little vaccilla--at they will disclose themselves conspicuously pleased with himself friends of the Hospital and the the latter even being laid, half con- tion: a little hesitancy a little doubt as time goes on, and I shall spare his may pretend to be in love, but the graduates from the city were present cealed in foliage, along the centre of preventing prompt action when blushes. In concluding these few flady will not be deceived thereby, as guests at the ceremony.
the banquet table. Everywhere were prompt action was demanded-dur- remarks, I wish again to express my flowers and flags, the British anding the early days of the world crisis sincere thanks for the very great A ni amateur is one who loves,"
Chinese emblems: being most pro in the fateful month of August in kindness and hospitality shown me fandon- why loves does not readily take offence Perfect love casteth
the Wiltshire Regiment, stationed in and the Colony in a minently displayed. The band of 1914 might bave involved the Bank this evening, and I wish Chinese ont such weaknesses.
financial bankers and community generally an adjoining room played through catastrophe. It is true that you very many prosperous and happy the evening.
were not bere at that time, years in this most delightful Colony. Besides Mr. Stabb, the guests but your advice was available to the One of my regrets is that I am not HON KONG'S GREAT
General Lung's former lieutenants are were: Messrs. A. H. Barlow, A. H. Consulting Beard in London, and at an orator of sufficient capability to all I think of you: TRADE.
commanding forces of a considerable Compton, P. A. Cox, IL. Crockatt, the Head Office you had the loyal tell you size in "Kangtung, be can easily G. M. Dodwell, L. Dunbar, G. T. M. co-operation of so capable a lieuten-I wish I could. I thank you very IMPORTS AND EXPORTS NOW gather together at least twenty Edkins, E. J. Grist, The Bun Mr. aut as Mr. A. G. Stephen, who, I much indeed, gentlemen. I will now. battalions if he is provided with H. Halyozt, Mr. J. Bell Irving. am glad to see, is with us to-night ask you to drink an cid toast we used The Hon. Mr. John Johnstone, Messus, I feel certain Mr. Stephen will prove to drink in Saigon, to our hosts. I Isuficient funds.
A. O. Lang, N. S. Marshall, G. C. equal to any of his predecessors. His think "Nam sang" was what we No Far East port has a wider
Maxes, W. L. Pattenden, J. A. business capacity has been proved used to call it Pope Benedict XIV has institut Plummer, Lieut.Col. A. Reiss, Messrs. by the very able manner in which bej The visitors honoured the toast, sphere of infigence or more far reached a new Apostolic Vicariate at Fort A, G. Steptes, Murray Stewart, managed the important interests of and the Vice-Chairman Mr. Chan ing commercial ramifications than Bongkor, and none is at the present Bainan Island, and also the territory M. Young.
Bayard in China, which comprises H. P. White, X. C. Wilson, and G. the Bank at Shanghai during recent Tin-shan, speaking in Chinese, asked time mere prosperous. It may be along the Tongking frontier. He
years. I recall the speech of the Mr. M. K. Lo to welcome the other arged, of course, that the commercial has also instituted Apostolic Vicar Tung, K., LLD. Mr. Chan in the members of the Exchange had to who does not speak English, has
The Chairman was Sir Robert Ho Chairman of the Hongkong Stock guests.
Mr. Lo said:The Vice-Chairman," situation at the port, as in so manates at Hanchow, and in Korea, Shan
Exchange, on Armistice Day, that other parts of the work, is still far entrusting the latter to the Benedic-
was the Deputy Chair- ¡from normal, the aftermath of waktice Monks. This Vicariate com- For Mr Ho Fook, Dr. S. Ha assistance of your Bank at the out- a few words of welcome to our other The hosts included also: deal in millions with the powerful requested me to address, on his behalf, continuing to infinence conditions prises that part of the Seoul Vicariate, Messrs. Canton Nanyang Bros. break of the war. Similarly, the honoured guests of this evening. It It appears certain however, that which is confined between Northern Tobacco Con Chan In, Chan Kwai financing of commercial and trading is no affectation on my part to say Hongkong's role as distributing centre Manchuria and the Sea of Japan. especially for South China, has be
Lok, Chang Po Chan, Chau Ngan transactions in Hongkong must have that, while appreciating keenly the come infinitely and lastingly more
me by the "Vice- Ting, Cheung Kee, Cheong Shing run into colossal figures. But the Eonour done to imponant during the last few years
request, I feel the Owing to the run made upon Choy Chong, Choy Kee, Chun Loong, results. It affords me pleasure to undertaking this task. For I see
Loong, China Overseas Trading Co Colony happily emerged from that Chairman's
possible rifidence critical period without any disastrous greatest brought result partly by
the rapid industrial the head and branch offices of the Chan On Insurance Co., Communica recall His Majesty the King's re- before me the leading representatives development
Tokyo Chozo Bank on December 6 tion Bank, Foo Kee, Fook Hing Bank, of Saath China and the general too were paid out up to midnight of Tai Cheung, Fong Kong Un, Fune pointing you an Officer of the Most up the thriving Colony of which we deposits amounting to some $8,000,- Fook Lee and Co., Fook Let, Fook gnition of your services in ap of most branches of life which make provement in the status of the native that day. The run was resumed the Manterand Co., FangPing Shan, Fune Excellent Order of the British Empire are justly proud: representatives of population, and partly by the enter following morning, and there was a Tang, Philip Gockchin, Himly and Co. an honour which, I am sure, you | Bankers, shipowners, merchants and- prise of Hongkong itself, particularly of the port's commercial community. Large number of depositors at the Ho Chetk, He In, Ho Ko Tong, will feel all the happier in enjoying lawyers. I feel it impossible to do A keener body of business, men does head and branch offices of the bank, Ho Kwong, Ho Leang. Eo Wing, in the association of Mrs. Stabb as a justice to such a brilliant constellation not exist anywhere in the Empire claiming payment, in spite of the Hung Tak Bank, Ip Tak & Co. Joo Member of the same Order. You of guests.
Well, Gentlemen, we all realize than the import merchants of this authorities of the head office pro-Bank, Kin Yuen, R. H. Kotewall are met here this evening to tender what an important, not to say vital,'
The Tek Shing, Ka Fat Bank, Kam Wing are shortly to leave Hongkong. We busy part. Throughout the very trying period of the war they kept vided a dozen big tents for the Kang On Wing. Kung Yuen Hong, to you and to Mrs. Stabb our best part which Bankers now play in the their heads and carried on in accommodation of the depositors, Kwong Fat Yoen, Kwong Mow Tai, wishes that in retirement in you prosperity and well-being of our circumstances very often difficult
Kwong Wing Sing, Lai Hing. Lau homeland you will live in health and present day civilisation. Fand exasperating in the extreme, and It is said that quite a large Siu Chuen, Lau Ya Fong, Lo Cheung
happiness and the enjoyment of all That the Chairman, irkis eloquent to-day, faced with conditions in many number of cousterfeit 50 sen notes Shin, M. K. Lo, W. P. Lowe & Co., that makes life worth living in the speech, has just reminded you, what respects altogether different from are Low in circulation in Japan. Man Hing Cheung & Co., Micg On, full consciousness that your duty has an extremely delicate and complicated those cbtaining before the war, they Although every effort is being made Ming Sun Bank, Nam Yuet Wa, been well and truly done. Now, machinery is international finance are readily adapting themselves to by the authorities throughout the Ng Tung Kai, K. L. O'Hoy, On Fat gentlemen, let us raise our glasses and credit, and how, at the new sources of supply and trading | conotry to lay their hands upon the Bank - Ship On
Wing,
and drink to the health of Mr. Stabb. beginning of the Shu methods
forgers, no clue is said to have been Loong Bank, Shu Fook Shing, Shung | The toast was received with must its collapse and destruction was A TRADE EQUAL TO £800 PER HEAD, found which may lead to their arrest. Yue Bank, Sincere Company. Soy Kat cal honours.
prevented by the genius of British It is indeed, remarkable. what an The forged notes are very elaborate Bank, Soi Heng Yuen, Sze Hai Tong, enormous trade is done in this little ly turned out. The Government has The Sun Company. Tai Shun Tai Robert Ho Tung and gentlemen, whose business it is to manage and Mr. Stabb, responding, said:-Str bankers. It is obvious that those Colony of less than 33 sq. miles, with decided to issue new 50 sen notes, Yau Bank, Tak Shun Bank, Tin Fook wish to express my great apprecia-control large banking institutions a population of under a quarter of a which will be more difficult to forge. Bank, Tsiat Seng. Toen Kee, Turetion of the honour the Chinese mer must be men of decision, knowledge, million. La 1919 the trade, import from next fiscal year:
Hing Bank, Wing On Company, Wing chants and bankers have done me honesty and integrity. We rejoice, and export, was larger than in any
Shing Loong, Wing Tak Bank, Wo this evening, and I thank you all for therefore, to find among our guests previous year of the port's history, Imports amounted to no less than Affairs in Tokyo has issued a circular Yee Hing Long, Yiu 'Kui Yuen, Yue about myself are flattering in the representative of leading banks bere, Cheong, Wo Shing. Wo Hing Lang, the cordial response you have made tonight such men as Mr. Crockatt, The Department of Foreign Wong Kam Fuk, Yat Leong Bank, to the toast. Sir Robert's remarks Mr. Marshall and Mr. Wilson as |£€8,058,888, to which must be added to the local Water Police and the Lee Yuen, Yuen Fat Hong. Yuen extreme, and I take them with a / and although we are bidding farewell approximately £16,000,000 in respect Japanese shipping firms and agents Tung Lee, Yuen Tze Oi, Yung Tzse grain of salt; in fact as a case of to the striking personality of the
of
about
the provinces
total nearly
snow which fell in Tokyo.
man.
of imports ci raw sugar not included in the official returns while exports reached as much as £87,735,076, making a volume of trade of £172,000,000. Moreover, this year's that the smuggling of Japanese emigrants to America on certain trade, so far as it is possible ta estimate it from the meagre details been instrumental in arousing.anti- Japanese liners has to some extent at present available, is certain to Japanese feeling on the Pacific Coast. prove enormously larger in volume than that of 1919. Great Britain's
tion to attempts on the part of requesting them to pay keener atten- Ming
Japanese tastowaway for the purpose of entering America. It is stated
the amateur.I work for löve. Be should therefore by all experi- work hander, much harder, and have his efforts judged by a much higher and more. exacting standard There is no excuse for bad amateur acting, though there may be plenty for poor professional direct contribution to the imports, Mr. Y. P. Hsieh, M.P, who barn stormers. There is no excuse for instance, during the first half of claims to be a socialist, it is reported for the exhibition of an, ainateur the present year. was nearly four by the vernacular press, will lead a SHYND-On December 14, 1920, at daub, though there is sufficient for times in value that of the corres movement to agitate for the opening Shanghai, to Mr. and Mrs. E. the exposure of any pot boiler."ponding period of 1919. At present of the South-western China treaty M. Hynd, a daughter.
for sale. The recent exhibition of each resident of Hongkong, English ports as free ports as a protest JACOB.-On December 15, 1920, at dilettanti pictorial art, and the ex- and Chinese, stands for trade, im against the Northern Government at Shanghai, o M. and Mrs. 1.traordinary reception of newspaper port and export, to the extent of Peking appropriating all the Customs Jacob, of No. 16 Quinsan Road, criticism that ensued it, compel $300 annually.
a son
"BIRTHS.
AMATEURS.
considerations such as these. The anateur, the amator, the lover, is
supposed to love art as the devout
GROWING - COMPREHENSIVENESS
OF THE TRADE.
The menu was as follows ———
Bird's Nest Soup. Fried Garoupa. Silver and Gold Pigeon Eggs. Stack's Fin. *Grilled Snipe.
Chicken Saute and Season Vegetable. Roast Chicken and Pate de foie gras
"
Funges. Sliced Canton Quail
Pulau and Congee. Almond Cream. Assorted Pastry.
great
in
***
mortuis mil nisi bonum. I regard this head of the premier bank in Hong- as an honour to the great bank to kong, we extend to his very warthy which I belong and which I leave successor, Mr. Stephen, our warmest
welcome. with the greatest regret The Hong- kong Bank belongs to this Colony,
10
As regards the shipping and mer- and, I venture to say, has played chant Hongs, it is superfinous for me a very important part, not only to say much. To them, in a large measure, we owe the commercial 1be development of the
but also in the vitality of this port, and its enviable Colony, interests of British prestige and trade position as one of the greatest ship- (applause) and not only in this ping and commercial centres in the Colony, but in this part of the world world
We are fortunate indeed in having not only British trade but trade generally. I take no credit to myself among us not only the heads of the
princely houses,
but also repre for the successes attained by the bank during my tenure of office. It sentatives of so many other leading
Eras. is not due to the individual efforts of the Chief Manager, but is accounted
The Great War has effected a
for by the co-operation of a loyal revolutionary change Dot only in and efficient staff. It is to the staff material things, but in man's ideas
The toast of "The King" was Surplus, a portion of which should proposed by the Chairman, and tha be remitted to Canton The Feking of The President of the Republic of Government and the Diplomatic China" by Mr. Statt.
as a whole what you are paying and outlook, and it seems Corps are at present unwilling to The Chairman then proposed the honour to-night, and I know they the that one result of this change, It is difficult to apportion the allow the South-west to have its por health of Mr. "Stabb; - He said :— | will appreciate it. My regret at whether for good or evil, is man's: woner loves his lady. If we say shares of various countries in Hong- tion as they have been doing in the Mr. Stabb and Gentlemen, To my leaving the bank is almost equalled principles of human societies in altered conception of the basic that the devou: wover, serenading kong's import trade, many goods the lady, makes rather an ass of which have their origin in Great Times, that
past. It is understood adds the knowledge, this is the second time by my regret at leaving Hongkong- The Encyclopedia Britannica helps himself, as in the ordinary human Britain, for example, being credited Conton Tamped and parades beid to and Shanghai Banking Corporation he made many tree friends, and 1 and labour in particular. And here some meetings within the bistory of the Hongkong I have spent many happy years here general, and of the relation of capital to perpetuate an erroneous notion outlook he does, do you suppose the to the Straits Settlements and other make a noise in the agitation.
personal that the Chinese merchants and have looked upon it as home.
I desire to sound just connected with the significations of becomes angry? Not be. He is parts of the Empire. It is to be
note. bankers in Hongkong have had the I feel I am departing at a time this name. It says that the aver- almost unconscious of our jeers noted, by the way, that trade with
Some time ago I had the great Problems that confront the happy occasion of doing honour to when great development is about to age amateur, who devotes only a He is so wrapped up in his adora, the British Dominions has shown portion of his time to the pursuit, tion of the lady, that, fost incom enormous increase during the past entire Japanese business world and the chief of this great institution. I take place, and that, in the future, pleasure of meeting the Hon. Mr J. possesses less skill than the average parable she, that our very exist few years, totalling in 1919 no less seriously touch on the prestige of feel I may indulge in some justifiable Hongkong will be of much greater Johnstone is connection with an in- professional. The professional's ence is irrelevant. We don't than134 millions sterling. Machinery Japan's trade in the eyes of other pride that on both these occasions my importance even than it is at present, dustrial dispute. I found him kind- Livelihood and reputation depend count, much less any remarks we and metal goods generally are in nations were brought out clearly to friends and associates in business which is saying a very great deal, ness itself, refreshingly open-minded on his proficiency, and be therefore may make: His great lure indur-ported chiefly from the United King-Osaka businese men in an address have done me the honour to appoint in that future extension and develop and entirely sympathetic with the concentrates all his energies on the ates him to such impertinences; it dom and the USA, cotton piece goods given by Governor J. Inouye of the me to preside at so pleasing a funcment, I know the Chinese bankers men's desires and aspirations. And ask of attaining mastery. The is a sort of psychological anesthe from Great Britain and Japan, wool Bank of Japan, at the Osaka Hotel, tion. The first similar occasion was merchants, and community generally when we have employers of the type suggestion that the seller of pottie. Not so the pseudo-lover of len goods almost exclusively from the Saturday. Coming as it did from so when a former illustrious Chief of will play a very large and importin of Mr Johnstone in Hongkong, I feel man as Governor the Bank, the late Sir Thomas part, as they have done in the past, that the future is unclouded, and that, with the signal All clear balers must be more thorough art, who hangs up his picture, and United Kingdom, matches, paper and prominent than the one who works for love invites (and charges) us to look at coal practically entirely from Japan, Inouye, connected with an institution Jackson retted from Hongkong and it is gratifying to feel that they ahead." Hongkong will sail in her
second is have such a friendly feeling towards for mateur is the same word as it: We offer some similar critic motor cars from the US.A., and which has daring the last twelve
the.. impending retirement
of the Bank. I can assure them that calm seas of commercial prosperity the Latin amator) is wrong. This sm. He flies off the handle. It gunay baxs from India. United months tided many a business institu-
And last, but not least, I come to line of argument actually endorses is not art he loves, but himself. Kingdom direct trade has increased tion over a period of danger, it was yourself, sir, from the Chief Manager the feeling is cordially reciprocated. to her bright destiny. the common delusion that amateur His amout propre is greater than a almost every class of merchandise takes as especially significant. It ship of the Bank Just as, on the If there is one thing I regret it is
except cotton piece goods, a line in sounded a warring to the business former occasion, we were ever keenly having no knowledge of the Chinese the distinguished members of my is is a sufficient excuse for poor bis devotion. just as his vanity is which Japan is rapidly increasing its men of Japan and pointed out to conscious of our approaching loss of language. It is a real loas not being own profession. And here, 1 feel performance. We newspaper people larger than his skill. This picture hold, although only in certain inferior all Japanese steps necessary to mains genuine friend, so tonight we feel able to talk to them personally. If more at ease, for I have already Frequently told that we must is pretty good, in effect he claims, qualities. In unbleached and bleachtain the national credit of Japan, that we are bidding farewell to one I had that accomplishment, I am received so much kindness from age more lightly the works of because I painted it. His friended cotton goods the demand for British
who, ever kind and considerate, was certain that the Chinese would have them that I know I shall be forgiven only amateurs." (assuming it is not himself caro makes is steadily improving. It is in –
always ready to give his best in the given me very useful lessons with not only for my commissions but only lovers of the flaging as his friend) adjures the light cotton fancies, Italians, and
furtherance of the commercial and regard to the many intricate ex-for my omissions in my reference to A GERM DESTROYER. erned, and therefore critic not to discourage him. Hea-Venetians that the United Kingdom HERE no diner whateve from in the same way as Sir Thomas are such past masters-aughter
industrial prosperity of the Colony change problems in which they them
- 1 believe it is getting to be more badly: How year? In what is it that he should mangiacturers are losing ground, and lock jaw or blood poison resulting Jackson is now, shrined in the and applause)-Two days ago I was or less a truism in England that the ace of it. It is have encouragement?: In love of it is in these lines that the Japanese from a wound when Chamberlain's Pain hearts of Chinese merchants as a looking at a photograph taken of legal profession is the most maligned gether that such art? But that were supererogatory. score. In these days of South China Balm is promptly applied. It is a banking genius, so, venture to think, Hongkong, I think, in the early at the same time most trusted of the laim. They are One cannot encourage beat to be development, however, cotton piece are these disesser. It sleg cases our honoured guest this evening will sides. It was of the Fraya. There professions. The public are very
antiseptic and destroys the perips which mateure. The probot. In his vanity? The reply is goods form only a moderate proper wounds to heal without misturation, and occupy an abiding place in the were one or two building. I think fond of making cheap jokes at the word saateur obvious. It ought to be discour tion of the trade, which every year in one third the time required by the memory of the Chinese mercantile it cost have been of Des Vœux their expense, but, when there is
gher motive: aced. Art is long. Art cannot be becomes. more comprehensive.—- uusi treatment." Formle by all community of Hongkong.":
Road T think Ewo was there 'and
(Continued on Fuar 5) rofit, says discouraged, though its dilettant British Export Gattle,
Chemists and Storekeepers.
1
1902.
The