THE HONGKONG TELEGRAPH WEDNESDAY, OCTOBER 18, 1933.

AMERICAN BANK OPERATIONS ENQUIRY

BANK MAGNATE'S SALARY AND BONUSES

U.S. INQUIRY REVELATIONS

HEAVY LOSSES BY CHASE BANK

WAH

WOMEN SENT TO LOCAL BUS SERVICES THE TUNG

HOSPITAL

PRISON

"WHITE SLAVE"

TRAFFIC

[Continued from Page i.) whereas, if committed by other hands, they would not have boon so much noticed for the minor. character of which perhaps they were,

DOING UTMOST,

Governor Lays Foundation Stone

OLD GIVES PLACE TO NEW.

HERMITS HAVE MET

JAPANESE LINE INSTITUTES

NEW SERVICE:

The N.Y.K. Line has tentatively decided to open a service to Malta in the Mediterranean Sea. The 8.8. which left Kobo on Bep- Lyons Maru," tember 1, was the first Japanese boat to call there.

The

decision was reached in ac cordance with the Osaka Chamber of Commorco and Industry's campaign for opening the Malta sorvice, in vlow

Japan.

Appearing on remand before Mr. Schofield this morning, Wong Kiu, was sentenced to one year's hard labour for procuring a twelve- It was in this atmosphere, he year-old girl for the purpose of would not any of hostility, that his prostitution, and In Buil-kwai was Company and entered the business sentenced to eight months hard and this atmosphere his fellow Jabour for having harboured the directors and he were doing their An important forward stop in of the increased shipments thers from utmost to dissipate by the institu- the history of progress and ex- girl. Both accused were women.

tlon of a service approaching as Inspector Elston said that the closely as the times and circum- pansion of the Tung Wah Hospital was recorded yesterday, with the girl would be thirteen In February.utancos, permitted. GERMAN LOANS She lived with her mother at West He pointed out that they had laying by His Excellency the ditions and extensions have been

Governor (Sir William Peel, made. Point, and had never left home already one of the largest, if not .C.M.G., K.B.E.) of the founda- This Tung Wah Hospital was. Washington, Oct. 17. before. Last Friday night she the largest, garages and workshops tion atone of the new Hospital as Mr. Pun Hlu-che has told us, went out, and did not return, in the Colony at Whitfield, with an building in course of construttion opened by Sir Richard Macdonnell The extent of large pay-

area of 20,000 square feet and at Po Yan Street.

over 61 years ago. It has dono excellent work for the Colony, but ments made to Mr. Albert Inquiries were made, and it was equipped with all that was re-

found that the girl went with first quired for an efflclent manage- In a notable address, the Chair-is now out of date, dark and con- Wiggin, the chairman of the defendant for a walk, and slept ment of the many routes the Com-man of the Hospital Directorato gested and, owing to its rambling Chase National Bank, was the night at her home. Next day,pany operated. That would prove (Mr. Pun Hiu-cho), trace the construction, difficult to adminis I congratulate, therefore, second defendant was asked to the Company were prepared to history of the Institution from the ter revealed to-day during the take the girl to Choung Chau. spend money.

time of its foundation more than the late Committee on initiating a Senate banking investiga- Second defendant was at first re- In this connexión he charge-60 years ago, and spoke of the scheme to re-build this Institu- luctant, but later agreed, and paid torized na "grossly unfair" sundry plans initiated by His Excellency tion and I congratulate the pro- tion.

for the girl's passage to Cheung disparaging statements alleging last year resulting in the moment-sent Committee on proceeding so The bearing was confined to Chau. The girl was later found in the Company were engaging in aous decision to entirely rebuild promptly with the scheme which matters dealing with the Chase in brothel in Cheung Chau.

policy of cut and paro by a drastic the Hospital on the most up-to-date was approved. I understand that the total coat of the scheme, ex- Bank and the Chuse Securities

curtailment of over-head expenses, lines. Corporation.

this leading, these atatements On his arrival, accompanied by cluding the equipment of the two further suggested, to efficiency of Lady Peel, his A. D. C. Captain wings which form the second part working being considerably Inter-n. F. Walter, RA, and the Secre- of the scheme, is estimated at fered with,

tary for Chinese, Affairs Hon. Mr. | $200,000, and I congratulate the Directors in having A. E. Wood, Ilia Excellency was present Mr. Ngan said the business de- welcomed by the Chairman and already raised $202,000 towards other members of the Directorgte, this achome. This reflecta grent and in addition to a provision BY FALSE PRETENCES pression in the Colony was for a pension of $100,000 per

reality that must have struck and by the Chinese members of credit on their energy and persis- lence as well as oi the generosity annum after his retirement. Yu Chau, 32, unemployed, was everybody, and it was no more the Legislative Council

The official party then proceed-of the various donors. (applause).

The Greater Coat. These heavy payments were sent to prison for three months by than in accord with the beat busi-

I am glad that modern Ideas made, it was pointed out, despite Mr. Balfour in the Central Police nces principles to cut down ex-ed to the building site, on which

Performing the ceremony in the have been followed and that more the fact that the bank haul been ex-Court this morning for obtaining penses where the circumstances work was already well under way.

required. He declared that this periencing heavy losses in recent 20 cents by false pretences..

had not involved, although in traditional manner, with a black-space and ventilation are being Sub-Inspector Elaton stated view of the general business de- wood mallet and a silvor trowel.allowed for, whilst still making Mr. Wiggin was also a director that on Sunday defendant appression they could well have done His Excellency said: "I declare provision for a considerable num- of fifty-nine other big concerns, proached complainant, who had so, any great cuts in the drivers this stone to be well and truly ber of beds. At the same time! from which he was drawing an- the appearance of being an amah, wages, the average of which, he laid, and I offer my sincere wishes there is no doubt that the Tung Wali Eastorn Hospital is better nual payments ranging from $300 and asked her if she wanted em-nid, was maintained at over $50. for the future of the building."

On the stone appears the follow- altuated. for convalescenta and I to $30,000 per annum.

ployment. She replied she did not This compared very favourably

should always like to see full ad- but her sister-in-law was' secking with the standard being maintain. ing inscription:

This Foundation Stone was vantage being taken of that in- work.

ed in these times of business

lald

stitution. The Tung Wah, how- by

ever, serves an admirable purpose in the position in which it is situated for it deals with cases in the most congested part of the town.

It was stated that Mr. Wiggin received bonuses exceeding a hundred thousand dollars every year, in addition to his normal salary of $200,000 per

years.

Annum

WOMAN ROBBED OF 20 CENTS

BUSINESS DEPRESSION.

EUROPEAN. SUPERVISOR.

A

MR. WIGGIN'S CAREER, Mr. Wiggin started his career as a bank clerk 48 years ago and The defendant promised a job stress.

It might be that much of the up- he was assistant cashier in a bank jas ceolie at a boarding house. He at Boston until 1897, when he took complainant to the place and prehension expressed in the past began his climb to prominence by asked her to wait outside while he was due to an impression abroad. securing an appointment as vice wont inside to make enquiries, of an inadequate supervision. president of the Eliot National and asked her for twenty cents. Bank in Boston. He first becume A distrlet watchman nearby scent-

If concern was being felt here connected with the Chase Nationalfed trouble and arrested the man.

because of the lack of European Bank in 1904, was vico-president Inspector Elston added that the supervision, which seemed to till 1911, president from 1911 to boarding house people had stated be what the public required, 1917, chairman of the board from defendant did enter but he did not he would like to allay these 1918 to 1921, chairman of the ask for any work. He merely fears by. bringing to their notice board and president from 1021 said "What time do ships to 1926 and chairman of the board for Swatow?" afterwards--Reuter,

GERMAN DEBTS.

Mr. Wiggin testified that John

leave

SUBSTITUTE FOR COTTON

H. E. Sir William Peel, K.C.M.G., K.B.E.

Governor of Hongkong

On the 17th Day of October, 1933. Addressing those present the Chairman, Mr. Pun Hiu-cho, said:

History of Hospital.

These extensions and additional buildings naturally Involve greater running expenses, and I was glad to have the Secretary of State's approval of the old Po Leung Kuk site being used for the crection of revenue producing tenements, and To-day we are performing the his further approval, notified to that a European with considerable ceremony of laying the Founda-me only a few weeks ago, of the previous experience of routes, was being employed by thelon Stone of the new building.site of the old hospital, where the Company to supervise the service His Excellency the Governor has "San Yuen" is standing, being been so kind as to come to lay the utilized for a,similar purpose. This and urgent repairs work.

Complaints, Mr. Ngan said, were Foundation Stone, and all you will lessen the strain on the Com- Inevitable with the best ordered ladies and gentlemen are so good mittee for, as is well known, com- of utility companies, but they as to be present to give us your mittees in the past have had to could be best attended to only on support. The splendid gathering donate considerable sums from a prompt report to the Company horo is a great glory to the Hos- their own pockets to carry on the concerned, to, enable an early in pital, and my colleagues and I are good work.

I have much pleasure in laying deeply impressed. vestigation.

The Hospital was founded by the foundation stone of this new He promised this cloac attention Br. Leung Hok-chau and other building and in tendering to the to logitimate complaints from bus Cologne. 000,000; but he managed to German government experts have users, but doubted whether the Rentlemen, and its foundation Committee my sincera good wishes to examine the best course was being folley stone was laid by His Excellency for the continued prosperity of

Governor, on the 9th April, 1870. Bank had suffered "very large | Abre as a substitute for cotton and of being reported to the Company. This was sixty-three years ago,

He acknowledged that the Chase possibilities of exploiting yacca ed when these complaints instead Sir R. G. MacDonnell, the then the institution (applause).

D. Rockefeller, Junior, was the biggest shareholder in the Chase. Bank.

He also said that the German

BY GERMAN

dobt to all American banks In 1938 NEW PLANT EVOLVED totalled between $400,000,000 and $600,000,000. The Chase share of this was originally about $100,- get

this amount down to below $40,- 000,000.

been ordered

accepted jule. fosses" for which he responsibility as the "commander- in-elief."-Renter.

STOCK MARKETS IMPROVE

WAR LOAN QUOTED AT 101.1/16D.

London, Oct. 17.

The Stock Market left off with

a alightly better tendency, with

War Loan 8 per cent, at 101 1/10.

Wireless.

Yueen is a fibrous plant which has been evolved by Herr Berz, a gentleman farmer at Oberstedten, In Hessen, during a period of several years.

Herr Berz has taken out patents

for his plant.

-Reuter.

were expressed in the Press.

CLIMATIC PROBLEM.

and our predecessors did a noblo work.

His Excellency's Speech. His Excellency said: Mr. Pun Hiu-cho, Ladies and Gentlemen,

to

DUEEN'S

AIR CONDITIONED THEATR:

COMING SHORTLY

T H E

SIGN

OF THE CROSS

on

NEVER!. IN THE MEMORY OF THE OLDEST THEATREGOER HAS THERE. BEEN AN ENTERTAINMENT SO MASSIVE.

STUPENDOUS! FASCINATING

Hon. Mr. Kotewall's Speech. Hon. Mr. R. II. Kotewall, said: Your Excellency, Mr. Chairman, In reply to another query, Mr. But the buildings have become ladies and gentlemen: To-day's Ngau sald he could dot at the no longer so auitable for use as a function opens a new chapter in when the new en Hospital, being old-fashioned and the history of the Tung Wah moment say wines being ordered would be put-ventilated. On their Inspection Hospital: It marks the first stop on the roads. The matter was of the Hospital on the 1st June, towards the reallaation of the being held up at the moment by 1932, the Hon. Mr. R. H. Kotewall, project for replacing the Hospital It is claimed for the yucca plant the selection of a type of body the Hon. Dr. S. W. Tso and the main building which has served that it yields a fibre which may be best suited to local needs. Much Hon. Mr. T. N. Chau, Chinese Re- the public for sixty-one years, of the framework in the Home-presentatives on the Legislative with a new structure more in ригрозев. various applied to Practical experimenta so far have built vehicles which came into the Council, also found that some of accordance with the modern con- Less than two years have proved that the yarn produced is Company's possession when it the wards were over-crowded, and coption of hospital-designing, suitable for manufacturing packing took over the franchise, was found had not enough light. They aug-

have seriously deteriorated gested in the Inspection Book that olapsed since the suggestion for

Arat mooted threads, cordage, carpets, sackcloth į to

from dry-ret. The question of a the Hospital should be rebuilt. On rebuilding was and even nen.

The new yucen plant is already vehicle body solving climatic re the 11th January, 1939, His Ex- the 6th January, 1932, and al- widely known, but it seems to be quiroments and be best suited to collency came to inspect the Hos-ready the foundation-stone of the only recently that the German Island service conditions, was he-pital, and advised us as to the first acction of the scheme is The German 5% Ter cent. Londa government has become interested ing taken up with the Police De- necessity of rebuilding and de- laid. This speaks volumes for the formulate the word at 48, and the 7 per cent. at in it. It is said to be very easy to partment, from whom a decision veloping the old Hospital, which energy of the Special. Committee

was being awaited.

had become dark and no longer appointed grow and its cultivation would re-

PENAL CLAUSES. 76%.

auitable for the purpose of up-to-scheme, and the hard work and perseverance of the present Com- Kamire and Transatlantics Intah-sult in considerable employment and

Before terminating the inter-date work.

mittee who, in spite of these bad ed at the worst points.-British pront for the agricultural industry.vidw, our representativo alluded to

times, havo raised the largo sum the "penal clauses" in the franchiac,

of over $200,000 towards the cost which the Police authorities have

of the building, (Applause.) Of intimated iney, would invoke in the

this amount the Directors them- inst resort, In the event of either of the two franchise holders not

It is a great pleasure to me to-selves have donated no small

portion. showing a distinct improvement in day to lay the foundation stone of

Comprehensive Scheme. their respectivo services, Mr. Ngan thia new building. My remarks made this reply:

will be brief as I have had, during But this comprehensivo' schonie rebuilding the Hospital, "It is hardly to be anticipated my short time in Hongkong, so of

not that a decleton Involving an ex-many opportunities of testifying scetion by section, would treme measure such as is 'im to the excellent work done by the have matorialised had it not re- plied in the cancellation of our Tung Wah and allied hospitala ecived the sympathetic and keen licence would be reached with that I find It dimeult to find any support of the late Secretary. out a very full consideration of new expressions of appreciation. for Chiness Affairs at the very 'the position."

There is no doubt that one of initial stage. The last official ita main watchwords is Progress act which Mr. E. R. Halifax per- Since I arrived in Hongkong 1 formed in Hongkong was, I be- have been associated with the llave, to discuss with his suc following extensions, namely: two ceasor the Hon. Mr. A. E. Wood, wings of the Tung Wah Eastern the three senior Directors of the Hospital in 1990; two final wings Hospital, and the four Chinese which opened In December 1982, members of the two Councils, the though I anticipate that the word fan will scarcely prove to be cor- outline of tho present scheme, rect: an Infections discoses ward and the project of utillaing what at the Kwong Wah Hospital which 18 called the Now Hospital Sito" I opened in December 1981; This for the erection of tonement Three appliances arrived to find list only represents the extensione houses so as to help the throa that a quantity of grease accum with which I myself have been Hospitals in mosting the ad- lated in the chimney had taken are associated, but the history of these ditional running expenses entail- and was blazing. Control was hospitals shows that ever since the od by the steady growth of their obtained within a few minutes.

original foundation constant ad- activities.

NAVY DAY

Saturday, 21st October. SPECIAL

DINNER DANCE

China Emporium Cafe De Luxe Salutes the World's Senior Service on Navy Day with a SPECIAL

NAVY DINNER GROG, SERVED With Special

$3.50

DINNER

CAFE DE LUXE CHINA EMPORIUM Phone Your Reservation 30515.

WANCHAI FIRE

SÓON EXTINGUISHED THIS MORNING

A small fire occurred this mors ing at about 11 am. In a teashop in Spring Gardon Lane, Wanchai.

CECIL B. DEMILLE'S

DESIGN OF THE CROSS

DRIG MARCHA KLISSA LANDI ICOLBERT," "CHARLES LAUGHTON HEM AND '7850 OTHERS","

A picture which will proudly lead all the entertainments the. world has ever seen!

A Ganimani Gicture-

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