HONGKONG & SHANGHAL

WAVELLS BANKING CORPORATION.

IN ARMY"

as Mencius pointed out long ago, "We have other gen- THE NEW DIRECTOR of the China Institute

there is

more something much

ferals like Wavell and we important is leaving for

than mere in London, Dr. H. H. Chang, who

pront. There are human values of per- have other troops in this England in the near future, in a broadcast in

manent signifleance without an Chinese over ZEK, said that recent developments understanding of which the de- island training for their sire for mere profit easily degen- job, who, when their time in the field of literature have given rise to the hope

erates into jealousy, rivalry, egotism and conflict. The 18th comes, are not going to be that the spirit of the 18th century may be revived

century may have only a faint left behind by Wavell's in Anglo-Chinese cultural relations.

and distant appeal to many of us, men," said Field-Marshal and yet I think that period was

"As Director of the China Institute," he said, "it will be my pleasant duty to encourage closer intel- lectural cooperation and to promote cultural rela- tions between China and Britain,

111

the

Will The

hol nature of the ease be spectacular It will not either be exciting when nation. 1 Wan natially their attention to the exploits of ara plane and battleships and the

the i bravery of their soldiers at front

But there IN nevertheles steadily growing realisating that between two such nations as Chama harl have and England which such close contact with each other j for over a century in business, and polities and which to-day lighting side by side, as if for the defence of the

vilsatio1. pratemples democracy mid freedom as they ate popularly known, there shoulitį

of

are

identical

01

Authorised Capital .......$50,000,000 Issued and Fully Paid-up ...$20,000,000 Reserve Funds:-

Sterling

.£ 8,500,000

Hong Kong Currency Re-

serve

Reserve

prietors

Liability of

Pro-

$10,000,000

$20,000,000

1

-

HEAD OFFICE: HONG KONG,

BOARD OF DIRECTORS: Hon. Mr. J. J. Paterson,

W

Chairman.

Lock, Esq.

Deputy Chairman.

1 K Housßrld, Eng

Holk, È p

Davies P

Sir

Mishan F-

K~ Married. Esq Too M} 1.

Vandeleur M, Ginyban 11

Chief Manager

BRANCHES:-

one of the happiest periods in the Sir Cyril Deverell, a form- relationship between China and

er Chief of the Imperial on Me S H. Dodwell, Hun M. & F. Shelda, Europe in general and between China and Britain in particula General Staff, at Aber- Trade was then only hovering in

dare. the background and gave no 1-

"They are determined to show,' enormous pro-i diention of the portions which it assumed at the he went on, "that we are not only Bangkok

tr China and stickers,' but that we now have a succeeding centua v Europe met at all, they met on a highly trained and well-equipped

Chin understanding and practising co high plane of mutual artistic and Army, capable of offensive action. intellectual appreciation,

ץייינר

Bat

Egute Jedi

V

Jasanga

twitte

3 To advise Chinese students as to the course of study in the Limited Kingdon, To encourage and facilitare the teaching of the Chinese Language and literature at the universities of the United marvelled at the advanced stige operation with the other Services

und and cayuble of carrying on to such when mathematleat of Europe's

enemy's power Kingdom by the endowment astronomical science while Europe lengths that our for those purposes of pro-was struck by China's supreme will be broken, giving him no rest i fleetan fessorships and lectures, and

sensibilities as revealed or respite until final victory artistic in her porcelain, Generally te encourage

gardening close intellectual coepera- tion and to promote cultural relations between China and The United Kingdom

To Lecture

Institutions

15

not yet

13

seet

Where

kacida Laenpun

London

MAR

It en

pe

Sang Patani Staty

#mur | Fidianer Tokyo

151 H

3

11 donk Ho Now

New York

Peiping

Penang

Boo

CURRENT ACCOUNTS

angt. Vokolinus

un

In opened

DEPO- and FIXED Currency Local SITS received for One Year or shorter

be quoted will 1 terms which application

SAFE DEPOSIT BOXES of various TRUSTEE and EXECUTOR business Hong Kong, 26th February, 1941 undertaken

furniture and achieved."

The world had the well as by

which sanity of her social and political what could be done by an air in-

never,vasion on a large scale were divorced from moral or ethical such an invasion had to be carried gpiods in Local and Other Currencies considerations. The contributions out on a country strongly defend- which Chinese thought made toed both on the ground and in the

tration.listic air, with the fighting forces backed jsizes Tu Let. the development and fthers Lunking megeliately by a determined civilian popula- before the French Revolution istion, extreme difficulties faced the

invader. dhe reper each other's point of view and offs which has become mereas. Į generally recognised

imply important, and that is why the human values which

the need was felt to appoint diree or who, among other thins, will be expected to feelure exten- 114t

sively

be

understanding

051

shape!

the pallen of our

live..

4441

I feel that my ability Is

But ertum e equal to the task

ly

ambassado

Lanton, In quo Tar-chi who is returning a. China's new Foreign Minister, The ph nine years of meant it! labot has fuid so fiam a font. tion for Sung-British understand

To getterations to ev213.5 ang the

i Tee! tre hits efforts wil

HG, VIPW'S Watly apprecia ed in diplinary ate wude and come preinetrive Ant

Chinese Art

permanent

On

Its the last-mentioned

clean

DA

before

Rot

puc-

Happy Period it |

+

were

difficulties

thore Those than doubled when he was not m command of the sea.

INDO-CHINA DIVIDEND

HONG KONG SAVINGS BANK.

The Business of the above Bank is conducted by the HONG KONG AND SHANGHAI BANKING CORPORATION, Bules may be obtained on applicati90. AND KONG HONG TUR FOR SHANGHAI BANKING CORPORATION.

V M GRAYBURN

Chief Manlaver, Hong Kong. 1st March, 1937

The Indo-China Steam Naviga

shows that on Company report

expen- alles providing for all stature the net profit of the ships for 1940 - £237,125 17% 44, with the

of £19.746- curry forward 13. 3d, the net gain on Uit soll ol £120 11s. Od. and £72 7% 6d. Transfer Fees the total figure Appropriation the credit of Account is £257,066 9s. 1d.

The Ordinary General Meeting Paid-up Capitul of the Company will the 10th of July when, if Share-Reserve Liability of Pro- following holders

approve, the appropriations

THE CHARTERED BANK OF INDIA, AUSTRALIA AND CHINA.

be held on

will be made:--

Who will say that this was not the tinyersaties a happy period when intercourse consistent y and elsewhere in the United King-Was maintained on a

un- contempor Cimba, high cultural level with an Cheese art and history.

Whale fading effort being made to find cach and absorb I believe a number of the aet, ut, appraise fees at the Institute must pandore-

adhe's spiritual accomplishments” become limited under the halon e appéul, let me add, was een- of the war, this last papo e has, hat and not peripheral, essential word exotic trot

The becomes important, I

thank, te Land

of the WAS A MIELE "exoter m" For the vJE! cause of the wor

later periodi we all know, is bestag #ught, wat de sierip of a

The When Europe' craving for beau- *** than one Front

a physical, but there i abo aty, as Pater sail, demanded the "strangeness " But bobs such view, Tar long record

And it impera- Jelement

which is strange its Chu

envoy is rudiked by suuritual side

which an appeal

ext tie is sickly and can only be many not ble actieven,ms which tive that those countring have all helped to bring Chin e fighting for the same rettesons.

no matter where the theatre of ephemeral, while China's appeal only and England together t

to Britain was made during one war may be, should

only i knowindge and understanding

render to one another the fullest of the most robust periods of Eng- but also H feeling. sympathy

It was the age dom- material assistance, but shouldlish letters. and sentiment.

also pool together their spiritualiated by Johnson and Pope, by Goldsmith and Reynolds. These resources and establish a harmony

artists and men of letter thought and community of purposes. The exhibition of Chinese art Literature, art, philosophy, his-that they had discovered in Chin-To pay a dividend of 6% for the Cumulative Preterred tory. may

distant sound

and se culture that element of sanity years 1928, 1929, 1930 and 1931 in

and urbanity which is after all on 49,589 at the Burlington Gallery

hollow when there is So much 1935, to mention one out of many |

the central note of the classical Ordinary Shares: £59,506 16s. Od. To transfer to General Reserve: such events, has left a deep and sound and fury of clashing wea-

the pons, but I believe they should spirit and were therefore anxious'

10 1941: forward impression

To carry become supremely real precisely to know all that could be known $180,000 Os. Od. British mtud. It was the same because there is a clash. For war about Chinese thought, difficult as

any ade- £17,559 13s. Id. vision which has helped to raise

on the sub- - the China Institute to its present brushes aside for the moment the, it then was to obtain

of quate information ordinary, easy complacencies

jeet. the centre important position as

life and compels each of us to con- cultural effort

When the industrial age came, of Chinese

duct a searching analysis of our

however, which brought China England.

mind and heart. It makes US

and Britain physically much the basis of The Institute is the headquar- re-examine

closer together, understanding be- beliefs and prejudices and throws China Universities' ters of the

tween the two countries, instead convictions essential

of becoming Committee which was incorporat-

proportionately I much bolder relief. I believe

much became actually ed by Royal Charter in 1933 as

less real. For the thinner and the result of an Act of Parlia- between China and Britain there deeper.

had dis- of reverence The charter en rusted the is a similarity in their basic con-

the principles spirit Committee with the administra-victions and in

our appeared, and without reverence tion of a fund derived from the upon which we have built

All the true knowledge of the mind and heart ís an impossible thing. British Boxer Indemnity and laid respective civilisations.

more reason therefore that We down the following

The last generation, 1 am happy purposes

compre- which the committee must carry should have to-day a

hensive

to say, has given hopes that the understanding of the! best products of the thinking of spirit of the 18th century might

be revived. Books have To arrange for such Chinese our two countries.

written by leaders of thought, by men and women to visit and

G. Lowes Dickinson, Mr. Laur- lecture in the United King-

ence Binyon, Mr. Arthur Waley dom, and for such British

and, not the least, by Mr. Fitz- That understanding. if I muy men and women to visit and

very much vitiated gerald which show how earnestly lecture in China

as may say so, was

a search is being made to under- the Committee by an undue emphasis on trade

the bases of Chinese and profit which characterised stand Anglo-Chinese relationship during thought. Personally I see no rea- 2. To assist Chinese students the 19th, century. But I believe son why these writers should not and intellec- going to the United King- the tide has now definitely turn-be taken as auguries for another don to find hospitality and ed. It is true we cannot ignore period of cultural

and profit, but between tual understanding between China suitable living accommoda- trade

| nations as between individuals, and Britain greater perhaps than

anything that has happened.

ment.

out:

seem

suitable;

tion;

tu

in

our

Undue Emphasis

OUTSTANDING VALUE

IN

PURE LINEN

LINEN SHEETS

68" x 106"

3500

PAIR 80" x 108"

3950

PAIR

WHITEAWAY, LAIDLAW & CO., LTD.

Our

into

LIGHTS TRAGED

BY COMPASS

been

LOCAL SHARES

BANKB

Hong Kong Bank $1305 . Bank of East Asia $70 b

INSURANCES H.K. Fire Ins. X.D. $176 b.

SHIPPING H.K. Steamboats $8 s. Indo-Chinas (Pref.) $80 b. DOCKS, WHARVES, GODOWNS, |

ETC.

Providents $5 b., $4.95/5 sa. LANDS, HOTELS & BLOGS. HK, and S. Hotels $2.85 b. H.K. Lands $31.10 b. H.K. Realties $2.70 b., $2.70 sa. PUBLIC UTILITIES

Incorporated by Royal Charter. 1353

Heserve Fund

£3.000.000 £3,000,000

£3,000,000

prietors

HEAD OFFICE: LONDON: 38, Bishopsgate, E.C.2. 117/123, Leadenhall Street, E.C2. West End Branch: 14/16. Cockspur Street, S,W,1, Manchester Branch:

52. Mosley Street, Manchester, 2

AGENCIES AND BRANCHES:

Hinr.know

Alor Star Amriter Blok Batovi

Burn by

Shangha

Hangoon

bulgon

Itoile

Serembani

Ipol

Karachi

Singapore

Altim

Slawso

Agrit

Kobe

Sourabaya

Clive Hemet Kuala Lumpur Taiping

Tintin

Madru

Toogkah

Manila

(Elhuket)

Alessa

Trington

New York

Yokohama

Piping

(Paking)

Fali Place Kuching Catton

Ceba

Colombo Exellat Haiphong

Penang

FOREIGN EXCHANGE and General Banking Business transacted,

CURRENT ACCOUNTS opened and FIXED DEPOSITS received for One Year or shorter periods in Local or Other Currencies at rates which will be quoted on application.

SAVINGS ACCOUNTS also opened in Local Currency and Sterling with in terest allowed at rates obtainable on sa.application.

H.K. Tramways $16.10 s. H.K, Electrics (New $211⁄4 sa. H.K. Electrics Rights $114 Macao Electrics $19.15 b., $19 sa.

INDUSTRIALS

Cements $14 s.

H.K. Ropes $8.40 b., $6 sa.

STORES, &c. Watsons $9,20 b.

MISCELLANEOUS Entertainments $6 b.

LAST DAY'S SALES 1,000 Providents @ $4.95 1,000 Realties @ $2.70 156 Electrics (New) @ $214 99 Electrics (Rts.) @ $11 300 Macao Electrics @ $19

FIRM TONE ON

STOCK MARKET

firm

The Bank's Head Office In. London undertakes Executor and Trustee busi-

of Britain ness, and claims recovery Income Tax overpaid, on terms which of the any be ascertained at may Agencies and Branches.

W. H. EVANS THOMAS,

Manager.

THE WING ON BANK, LIMITED.

Head Office: Hong Kong. 26. Des Voeux Road, Central, Authorleed Capital : $10,000,000 · LONDON BANKERS— Westminster Bank, Ltd. Foreign Exchange and every description of banking business transacted.

SPECIAL OBSERVER SEC- TIONS TO DETECT PREMISES FROM WHICH LIGHT SHOWS

Current Accounts and Savings DURING THE BLACK-OUT

A generally

undertone Accounts opened. Fixed Deposits HAVE BEEN FORMED BY A

London (received at rates which will be NUMBER OF PROVINCIAL was maintained on the POLICE FORCES.

Stock Exchange yesterday, with quoted on application,,.

Safe Deposit Boxes for hire. Members, who are posted in Kars, coppers and oils encourag-

PHILIP GOCKCHIN,

Chief Manager. buts at vantage points about the ed by details of wasting assets In the were towns are equipped with power- allowances announced ful night glasses, maps and com- Finance Bill. Industrials

steady to firm, with useful gains passes.

When a light is seen a com- by breweries and Unilever, while pass bearing is taken and police Dunlops partially recovered after headquarters are notified by tele-losing 1/- on a 10 per cent dis- phone-of-the-location of the pre-tribution against 12 per cent last ere higher mises concerned,

year. Japanese bonds were Several offenders have already among foreign issues which, gen- Street Woll been convicted as a result of the erally, were firm. activities of the observers.

Was dull-Reuter."

The China Mail

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