HONGKONG, FRIDAY, DECEMBER 31). 1920.
TO-DAY'S CABLES.
(Reuter's Service to the China Mäl).
BIG ISSUE OF INCOME BONDS
DEVELOPMENT OF TRADE AND INDUSTRY IN THE FAR EAST.
A WEALTHY CORPORATION,'
HONGKONG UNIVERSITY
[NEW VICE-CHANCELLOR
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GOVERNMENT HOUSE.
His Excellency gave a dinner party tast evening in honour of Major-
DISTINGUISHED SCHOLAR AND FINE General F. Ventris, C.B.
ADMINISTRATOR.
The announcement has been re-
The guests present › were-H.E. Vice-Admiral Sir A. L. Duff, K.C.B., R.N.. Miss Duff, Flag-Lient. R. R.
carded that Sir William Briznyate, XCMG, has been invited to occupy Stewart, RN., H.E: Majóc General the important position of Vice-Chan Sir G. Kirkpatrick, K.C.B., Lady cellor in the University of Hongkong.
We happen to be in a position to Kirkpatrick, Miss Kirkpatrick, Miss state that Lord Milner himself M. Kirkpatrick, His Honour, Mr. LONDON, December 30. nominated this fine scholar and ad-Justice Gompertz, Mrs. Gompertz," The Evening News understands that 200,000 10 per cent. income bonds ministrator as the result of the Commodore G Bowden Smith,
urgent requests of the University au- of £5 each of the Amalgamated Trading and Industrial Corporation thorities, says the N.C. Daily News in C.B.E., RN, Mrs. Bowden Smith, Limited are shortly being issued guaranteed as regards capital by the Sunan editorial. One of the most en Hon. Mr.A. G. M. Fletcher, C.B.E., Life Insurance Company. The Corporation itself has a capital of £2,000,000 phatic recommendations of the Hon. Mr. J. H Kemp, CBE, Mrs. "in ordinary shares of £1 each. It proposes to associate itself with Chinese Commission which recently inves
capital and enterprise for the development of trade and industry in the Far was the urgent need of appointing a Hon. Sir Pater, CMG, Hou tigated the affairs of the University i Kemp, Hon. Mr. C. Mcl. Messer, East. The Corporation will be registered at Jersey so that Chinese capita distinguised Vice-Chancellor. For Mr. W. Chan, C.M.G., Ms. lists participating will not have to pay British income tax, excess profits more than two years, since September Chatham, Hoa. Mr. E. R. Halifax, 1918, when Sir Charles Eliot went to O.B.E., Hon Mr. E. H. Sharp, duty, and corporation tax.
Siberia as British High Commis-
DISARMING GERMANY.
FURTHER DELAYS TO INVITE DEFINITE ACTION..
sioner, the post has been vacant, and O.B.E, Hon. Mr. P. H. Holyoak, while no doubt every effort was Mrs. Holyoak, Hen. Mr. Lau Chu made to fill it, the result of all endea-Pak Hon Mr. Ho Fook, Hon. Mr. Fours was that only temporary E. V. D. Parr, Mrs. Parr, Hon. Mr. measures were adopted for adminis A. Irving Capt. P. P. Legg trative work However, it is M.C., Lient. C. S. Fisher, M.C. bor, fair to say that the only real trouble of the University as exposed by the Kommission was
LONDON, December 30. The diplomatic correspondent of the Evening Standard is 'authorita- tively informed that unless the German Government immediately under-mnadequate endowment, and, as a takes by definite action to meet her disarmament obligations, France will be empowered to act. While the British Government is generally satisfied with the way in which Germany has met her obligations regarding the regular army, all the Allies are united in sympathy with the protests against the formidable self-defence organisations which the German Government declares it is unable to disband or to control.
POLITICAL ACTIVITY.
RECORD NUMBER OF CABINET MEETINGS.
IRISH, PROBLEM CONSIDERED.
Capt. C. B. Ballard, R.N., H.M.S. · "Colombo," called this morning at Government House and was received consequence, some of the members by His Excellency. about their prospects, and resigned. of the Staff became very pessimistic
With the appointment of a new and distinguished Vice Chancellor we Mr. S. Paul, who has been a may be sure that the staff will find encouragement and it is to be believfor the past ten years, has been in member of St. John's Cathedral Choir. ed that, as a result of the changes the habit of leaving his bat, and which have taken place, the facilities stick and occasionally his coat, on for instruction at the University have the first seat inside the west door, greatly improved.
A central fact, one well worth he left a new raincoat valued at $25 during choir practice. Last evening roting, of the result. of the recent on this seat, but it was missing when discussion in Hongkong concerning
The matter the University, is that the Govern- he went for it later. ment of the Colony has actually authorities and to the Police.
has been reported to the Cathedral
made a magnificent donation of one million dollars to the finds of that institution. It has also promised an additional donation of $700,000 Like to see every one of the students which will be available in the near taking a scientific course in addition fucare for endowments. Our readers to any literary studles with which he may recall that about ten years ago may be occupied. N the Hongkong Government gave However, it is with the present
LONDON, December 30. The political activity is reflected by the fact that there have been four meetings of the Cabinet since Christmas, breaking all records. Two meetings were held yesterday at which, besides memployment and pressing departmental matters, ministers discussed Ireland in the presence of General Macready. It is understood the splendid site upon which the rather than the future of the Uni that reports were submitted showing the steady progress being made in resoring order. No fresh developments have been reported in connec- tion with the Irish pesce overtures. It is pointed out in official circles that the next move Bes with the Sinn Fein members of Parliament.
BOXING IN AMERIDA.
NEW YORK, December 30,
At New Jersey, Freddy Welsh technically knocked out Willy Green in the fourth round, Green refusing to continue on the plea of an injured shoulder.
IVERPOOL FIRES.
LONDON, December 30,
men and two women were charged at Liverpool with conspiracy in connection with the burnings on November 27 and were remanded after a statement by a representative of the Public Prosecutor that the damage amounted to over £1,000,000.
KWANGTUNG COAL
University stands, and subsequently versity that we are concerned. The site is about one million square Institution founded by the British enlarged the original gift of land. There is, in South China; an feet and it is said to be valued at a for Young Chinese. The build- dollar per square foot. So much for ings have cost, in actual cash, a the local Government support, million and a quarter dollars. The although we understand that each Scientific including Engineering' year a substantial sum will be voted and Medical equipment is valued as an annual grant to the University; at £70,000. The site is said to be All this has been done as a result of worth a million dollars. The annual the recommendations of the Univer-expenditure is nearly $400,000 and sity Commission.
as the fees of each student are $300
It is however, not quite clear why per annum and the total number of that Commission was appointed. As students is about 220, it follows that far as we can understand there had it costs about five times as much as been la considerable increase in ex- the student pays in fees to educate penditure at the University during – him. - the previous two years. We do not Now the really astonishing thing know if there had been a deficitia about this institution is that the the days when Sir Charles Eliot was major portion of the cost of it has acting 23 Principal and Vice been borne by Asiatics who are British Chancellor. "The then Governer of subjects. The original donor was a the "Colony of Hongkong. Sir Parsee merchant for 50 years in Henry May, was a sharp finan Hongkong. The late Mr. Loke Yeaw, cial guardian. However, when he CM.G., of the Federated Malay and Sir Charles Eliot left the States, said that his large dona- Colony a new policy of expansion tions to the University were a for the University was announced by tribute of his appreciation of the of coal mines in the Province of the Officer Administering. the privileges which had come to him as Government, who appealed for funds a British subject, The Chinese Kwangtung, has been cancelled by for endowment purposes, and new Government and Chinese citizens the present administration here, stuff were engaged. Unfortunately have never given the financial support according to a leading oficial. For there was not the response to the to the Hongkong University that e the signing of the agreement, Muappeal that had been expected. The might reasonably be expected. There PRELIMINARY AGREEMENT CANCELLED and Chang have already got $100, was a deficit And now the Govern Shanghai and Hongkong and we new staff had to be paid. There are wealthy Chinese, merchants in 000. The Government will have to ment has apparently made up the suggest to them that by offering According to the Canton Times, return this rum to the syndicate.
de deficit and arranged that there shall to build new workshops in the preliminary agreement" signed
be an annual increase in revenue. University of Hongkong- they It is understood that Major Cassel
That is only a part of the financial will be aiding their own countrymen. former Military Governor is still looking for the project. The story. The other thing to be noticed to develop China's natural resources ung-hsien and former. Acting local authorities will entertain any is that the Government has already and to cope with the evils of famme
reasonable proposition, and the asked for money for specific pur- and food, Possibly the new Vice- ror_Chang Chin fong on Kwangtung Collieries may after all poses, for new and extended work Chancellor will think it advisable to behalf of the, come to stay, as the Cantonese are shope, for a chair of medicine and visit Shanghai and North China: If and Major not unfavourable to the development for other purposes, all schemes so we can assure him that he will ssel, representing the of their natural resources with worthy of support. The one thing receive a sympathetic audience from foreign capital, provided that the essential for the young Chinese is to all those who wish to see the young wangtung Collieries, agreement will not be disadvant make them practical. We should Chinese trained in scientific subjects.
for the development ageous to the interest of the province,
MAJOR CASSEL IN CINTON.
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