Personalities of Old Hongkong
THE HONGKONG TELEGRAPH, WEDNESDAY, APRIL 6, 1938.
Magic Mind That Made Hongkong's
Bank A World Power
"JACKSON'S FOLLY" BECAME GREATEST INSTITUTION
By T. Paul Gregory --
ONE OF THE GREATEST PERSONALITIES IN THE HISTORY OF THIS COLONY IS THAT GENIAL AND READY-WITTED SON OF ERIN WHO DURING THE LAST QUARTER OF THE NINETEENTH CENTURY LAID THE FOUNDATIONS OF WHAT IS PERHAPS THE CREATEST BANKING ENTERPRISE IN THE ENTIRE ORIENT.
This was Sir Thomas Jackson, and the Bank under his guiding genius became the powerful institution to-day known as the Hongkong and Shanghai Banking Corpora-
tion.
seasonal crises seem to have renderes the institution sounder than ever; for as Sir Thomas Jackson wittily re- [marked_"If the fishing is to be good,
the waters must be troubled."
Sir Thomas Jackson was born in the year 1941 at Usker, Crotsmagien, Ireland. He was the son of David Jackson, a man of some property; alnce he was enabled to give his son an excellent education under private
The great work of this eminent tutors. Like most sons of the Irish financler, whilst it and long bern and Engilsh gentry during the age of tacitly admitted to be of paramount Queen Victorin, the choice of a pro-importance received concrete recogni- fession for him was limited to one tion with the bestowal of the honour,
In 1902, moreover, upon his
ין
In tay
of three--the counting-house, the
the of Knighthood by Queen Victoria clergy or the army, Sir
Sir Thomus, 1000. however, chose the first, and being stified with an exceptional capacity tirement from business life for figures and what might also be Colony, King Edward VII eres, dini stated in unusual aptitude for finance
the first Baronet of Slanted Hous -banking was promptly
melier. Consequent
conceded as
Sunsted. Essex. The great Bank- being his proper mette: ly, with this end in
ing Corporation which he batt nur- view he com tured so faithfully and carefully menced his career at the age of 20
elerk in the Belfast office of the during the course of a quarter of a Bank of Ireland. Four years later century, as a mark of appreciation of his able services erected the im- having served his apprenticeship
to speak, he joined the Agra Bankngsing bronze statue which stands in and subsequently in 1800, he com- "Statue Square" gazing benevolently menced a long and most successful association with the Hongkong and Shanghai Bank which had only been founded in January of the previous year.
at the magnificent headquarters of the institution which owes its in- replion largely to his creative genuis.
LEADER OF COMMUNITY
Sir
lons
his
SIR THOS JACKSON, FINANCIAL WIZARD
SIR THOS JACKSON
U.S. DESIGNER PLANS 380 M.P.H. BOMBER
after Thomas Jackson During the next decade, Sir Thomas served the Bank in various cupacflics, retirement did not entirely foreto and his financial acumen and general participation In the affairs of the ability being by this time widely financial world in which he had oc- known all along the China coast, he cupled a pre-eminent position for co
served upon but
the directorate was chosen to occupy the institution's
# number of corporations highest post, that of Chief Manager.
A mongst which mu
may be mentioned the Bank of This position, as those who are aware Persia of which he was chairman for of the pre-eminence of the Hongkong come and Shanghai Banking Corporation in an active interest in the East, ind time. In addition, he retained the mercantile affairs of the Far East, for years was a familiar figure at the is almost unique; for the occupant annual reunions of the Hongkong and may be said to wield almost dicta-Shanghai Bank in London. 1 ሃገር torial power and is comparable in whilst he was staying in the metro- was more ways than one with the dignity polis and sitting peacefully in bis of the Governor of the Colony.
Indeed, some might have been loth
ebair that his active fe came to an
E RADIO BROADCAST
The Royal Scots Dance Band From Studio RACHMANINOFF CONCERTO
Radio Programme Broadcast by Z.B.W. on Frequencies of B45 kc' 9.52 m.e's. per second.
H.K.T.
12.0-12.20 p.m. Relay of Service of Intercession from St. John's Cathe- !dral,
12.30 Excerpts from Gliberi & Sullivan.
"Trial By Jury"; 1. Hurk, the Hour of Ten is Sounding....George Baker and Choras; 2. Is This the Court of Oldham Dercit the Exchequer?. and Chorus; 3. When First My Old, Derek Oldham, George David Chorus: 4. All Hulil Great Baker
1 Hear Judge... Chorus: "Patience":" the Soft Note of the Echoing Voice; and Sextette (Finale, Act 1).. Mixed Chorus; But Who Is This? (Finale. Act 1)....N. Briercliffe-L. Lawson--G. Baker-R. Runds-W Mackay M. Eyre B. Lewis D. Old- ham-D. Fancourt-M. Green with Orchestra.
12.40 Reginald Dixon (Cinema Or. gan).
Dixon Hits No. 2; "Broadway Me- tody of 1930"-Film Selection; "Curly Top-Film Selection.
1.0 Local Time, Signal and Wea- ther Report.
1.03 Latest Dance Music. Swing Step-I'm Gettin' Sentimen- tal Over You (Washington Bassman)
Victor
and His Ball- Silvester
room Orchestra: Fox-Trot-Remem- ber Me? (From Mr. Dodd tatten the Air): Here Comes The Sandman (From Mr. Dodd takes the Air?
Harry Roy
& His Orchestra
vocal refrain; Quickstep-Am I In Love? (From Mr. Dodd takes the Ale): Waltz The Girl You Used To Be (From 'Mr. Dodd takes the Air) ....Victor Silvester And His Ball- room Orchestra;
Fox-TroCTION
Like To See Samon Or
(From '52nd Street'); Picture Me In Paradisc (J. G. Gilbert) Mantovant and His Orchestra with vocal refrain: On Linger
Jsland
(Kennedy-Carr); Longer
SENSATIONAL revelation by Mr. Glenn Martin, the aircraft Please Remember (Denby & Watson) designer, before the Naval Affairs Committee of the Houseck Horris And His Orchestra
vocal refrain by Sam Browne. of Representatives that he was studying plans for a 142-tona, 280- | 1.30 Reuter & Rugby Press, Wea- m.p.h. bomber, with a "ceiling" of more than 25,000 feet, is causing concern among Congressmen, cables a Washington correspondent, These machines would be more than seven times the size of the Empire flying-boats.
ther and Announcements.
1.40 Variety.
Violin: 'Cello & Pinne--Rustle Ol Spring (Frühlingsrauschen-Sind- ing-Op. 32 No. 3); Romance In E Fint (Rubinstein-arr. Bor)....Al-. Senator Walsh, chairman of the bert Sandler Trio (Albert
Sandler- Senate Naval Affairs Committee, has Violin: Reginald Kilbey-Cello; and
end at the age of seventy-four on "Enlist Or Face announced his intention to insist that Jack Byfield-Plane): Theatre Or-
December 21, 1915. Thus pussed
...
"H
Sentence?
#
64LJE must foln the Army or
Navy
within
week. Otherwise, he will be sentenced next week.
the problem of the relative merits of chestra-Venus In Silk-Selection aircraft and battleship shall be clear- (Stolz);
Home
All These
& Nicholls), Sailing.
Whiteup & Powell)
Voenl Just Layton;
Turner
All Time
Once
BIRTH OF A BANK
Moreover, upon the shoulders of the the mon who during his many Chief Manager rest enormous respon-yeurs residence in the Colony, besides
ed up before the Naval Appropria-. Years elbilities; far to his acumen and fore-being a banker in the generally ae-
tions are passed. sight are dependent the fortunes of pled meaning of the term, was
Friction on this vital question the greatest financial institution in the kewise a highly esteemed leader in
among members of the Lower House / For
(From Congress Orient.
the social and political life of the
committee now studying the Excan-Dances')....Irene Eisinger; Orches- community. He served on practical-
ston Bill may, it is thought, delay | tra-Live, Laugh And Love (From ly every committee which had the
That was a police-court "ultima-the passage of the measure. to entrust the guidance of such welfare of the Colony as its motive, tum" from the chairman, Alderman
"Congress Dances') ....Marck Weber grent affairs in the hands of a man and it was truly said that no public Pearson, at Sutton Coldfield, nearon Rear-Admiral Cook's sintement by Paul Horbiger: Vocal-Our Great- Mr. Martin. Invited to comment And His Orchestra with vocal refrain who was barely thirty-five years of cause was complete without a word Birmingham. age, but the years have proved and Hom "T. J. as he was affectionately
that a battleship sa produce in on est Successes....Cleely Courtneidge It concerned exemplißed the wisdom of the Bank's known to his friends and admirers; Harry
17-year-old Watterhour the same amount of fire as 450 and Jack Hulbert. Gilby. Church-lane, first directorate.
Mere bombing 'planes, replied: During the regime for Sir Thomas had the Irish knack Green, Sutton Coldfield, who of this tall,
ad- "Let us reverse the argument. nian, the pure que mannered Irish of translating his fund of covent mitted driving away motor van Four hundred and fifty aeroplanes
grew by leaps and Igle into discourses of silvery without the owner's consent and hounds, and from veritable touch- eloquence. and-go phase atlained 11 virtuel
hegemony in the financial world of greatest affection by all classes of the In short, he was regarded with the the Chion littoral. Moreover,
community and his valuable services
the
years with Sir Thomas al
phenomenal growth registered in the will always farm one of the brightest first ten the helm is a fit criterion of the pro- pages in the colourful history of the Eress of later years, as the appended Colony of Hongkong. tables briefly show.
1870..5
Reserve Fund
100,000; 1860..$ 5,000,000
Total Assets
1870..$34,000,000; 1886..$104,800,000
Notes In Circulation
TH
the
without licence or insurance policy. "Couldn't he be given another chance?" Gilby's mother had asked,
definite," "No-that chairman fold her. "Suppose I had run over someone!" "He is not your son: is mine!" the mother said,
von-
When police stopped the which belonged to Gilby's employer
him.
Peking Man Was tree by "angers were with
A Cannibal
Peking Described as most important in 1876..$ 1,880,000; 1886..$ 4,460,000 connection with
the Peking man was the dscovery of a large plece of thigh bone Among the large
Deposits
The father said that his sun did not seem to settle down in his job of delivering newa→ papers. lc had been given money for a provisional Heence but apparently suffered from
swollen head and was "too big"
to have an "L" on the vehicle. "I shall put him in the Army or
1876..$11,500,000; 1880..$ 65,000,000 quantity of material removed from Navy to-morrow morning," Mr. Gilby
Choukoutien Just before the fighting | added, began last July.
It was during this first decade that
his
Sir Thomas proved himself to be u Scientists have now reconstructed man of faith and vision-one who the complete leg of the skeleton. looked ahead and was firm in unalterable conviction that the Colony from the hip bone with an axe and thigh bone was obviously removed would grow and increase in trade then split lengthwise by the same. and commerce as time went on; instrument. for he planned a building to house the bank which until it was de-
Selentists belleve that this wus
molished in 1935 to make way for one to extract the marrow, proving the present splendid structure, was
was that the Peking man was a cannluni. considered to be one of The most This was first suspected when it was imposing of its day. Sir Thomas was ticed that all the skulls found were not, however, without his critics, and broken as if to extract the brain. many
residents who were locking in
[The "Peking man" is the name faith in the Colony's future promply dubbed the premiers of the Bank by given to a skull found at Choukou en (40 miles from Peking) in 1020, and the rother opprobrious epithet of ascribed to Pleistocene times.]
"Jackson's folly.""
TROUBLED WATERS
The passing of the years, how- ever, proved that the courage, vision and indomitable spirit of the kean-sighted manager and the board of Directors who placed their faith in him were fully justified by future events; "The Bank" was so to take its placens the premier financial house of the Far East.
From that time onward its progress
Former Paris Idol Found Injured
T'oris. Mme. Polaire, French actress and
former idol of Paris, has been found in her fat with severe injuries caused by salinters of glass.
DICTATOR ENDS STAY-IN STRIKE
Warsaw. Music-loving Marshal Rydz- Smigly, virtust Bletator of Poland, ha ended the slay-in strike of 248 ballet girls and angers who for 10 days locked themselves f« Warsaw's Opera House to obtain £2,000 owing to them in salaries,
have
He said to Finance Minister, Eugen Kwiatkovski: "Warenw must its opern again immediately."
The F'nance Minister conferred with Lord Mayor Stefan Starzynɛki, Then he received a delegation from the company. He said:
Se
could deliver their shells 200 miles away in an hour, while the battle- ship is delivering them 20 miles.
"Again, if a battleship were to shoot at its full capacity for an hour it whyid need to return to its base possibly for six months, while new guns were installed,
2.15 Close Down.
6.0-7.0 Chinese Programme. 7.0 Dance Music.
8
Fax-Trots Whotcha Gotcha Trom- For? (Kennedy, Carr); 111 Out Of The Picture (Kennedy, Cerr)... Ambrose And His Orch. with Vocal Refrain. Who Stole The Tiger's Rug? (Packay); Bring 'Em Back Alive (Powell-Williams-Castle- ton-Jefferson)
Nat Gonella and
"The deterioration of aircraft is Gonella. Tango Fox-Trot-Marilou His Georgians vocal refrain by Nat not nearly so great."
(Connelly and Mariotti); Fox-Trol-- Alarmed at the "foreign prepara- Rhythm In My Nursery Rhymes tions for war, and the almost total (Cahn, Raye, Lunceford and Chopila) absence of plans for pence," Senator vocal refrain by Mnry Lee. Slow Roy Fox And His Orchestra Pittman proposes that £120.000.000 Fox-Trot-Star Dust Covered Bundle should be added to the £200,000,000 (Hudges); Fox-Trot My Shadow's nation's building programme.
"PASS-OUT" COCKTAIL
This Man Did
Port Elizabeth (Cape Proviner), THE Etrangest cocktail Was
mixed by a man who broke Into the house here of Mr. D. R. Ryan, prominent amateur golfer. When Mr. Ryan returned home he found a man was lying on the floor of the lounge.
Investiention showed that the man hud obtained a large jug from the kitchen and poured into it the follow- Ing:-
One bottle and a half of whisky; One bottle of sherry; One bottle of stout;
Two bottles of soda water;
spirits.
A quarter of a bottle of methylated
He then cooked a meal in the kitchen and sat down in the lounge
before "passing out."
Ile finished the contents of the jug
"I will grant you £12.000. besides receiving the money due to to enjoy it. you, you will have £10 000 to create a fund to ensure that you will receive your full salaries in future. And now you will also be able to buy new scenery and cos-
tumes." Born in Algeria, Mme. Polaire wis
was mort phenomenal. Even the temnated for her wasp-like waist, whleir The delegation raced back to the
Soviet Inventors Busy
Moscow.
More than 20,000 claims for new
Piporary dépressions of the 'eightles intted into a man's collar. Her legal Oprea House to break the news. The laventions are made annually in the
and early nineties due to the abnar-were once insured for £10,000. She company cheered Marchal Rydz- mal füctusilona in the price of aliver was the first actress to make bare Smigly for five minutes, sang the Soviet Union. During last year alone and practically no lasting effect on legs general on the stage-Central Pollsh
Antham, then 600,000 proposals, of which half! the Bank's stability. Indeed, these News.
wore accepted, were made,
- National
streamed off home.
Where My Sweetheart Used To Be (Ilda and Carr)
... Joc Loss And His Orchestra
with vocal
retrain. Tango Fox-Trot Sorrento By The Sea (Henderson and Rosen); Waltz-- When You're Only Seventeen (Tulip Time')' New Mayfair Dance Orchestra with vocal refrain.
7.32 Closing Incal Stock
Quota-
"Kiste and Doris”—The_11011 Dillies And Greta Keller,
Thar's Gold In Dem Thur Hills (Connor and Lisbons); Hendin' Home (From Here Comes The Band') The Hill Billes. Have You For- gotten So Soon? (Nicholls, Gilbert); Did You Mean it? (Dixon, Greer) ... Grota Keller. We'll test At The End Of The Trail (Poulton and Rose); Carry Me Back To The Lone Prairie (Carson J. Robison). The Hn Billes. Gert And Datay Make
(Continued on Page 5.)
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Lasatiem 'ara ente makwhifts. A mara bowel movement doma'testat the cause. It takes thoka fumon Orkey's Liste Flyer I'ms to get these two pints of bile flowing freely and maka pot foul "opand up". Xarrow Fun, Kantle, yet amesing in making bile fie freeir. Look for the name Carter'ı Lattia Liver Püle on Eba vel paskaga latina any
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