Personalities of Old Hongkong
THE HONGKONG TELEGRAPH, WEDNESDAY, APRIL 6, 1988.
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 GREATEST 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.
Sir Thomas Jackson was born in seasonal crises seem to have rendered the year 1841 at Uaker, Crossmarlen, the institution sounder than ever; for 'Ireland. He was the son of David (as Sir Thomas Jackson wittily re- Jackson, man of some property; (marked "If the frhing is to be good, since he was enabled to give his son the waters must be troubled," an excellent education under private
The great work of this eminent tutor Like mont sons of the Irish financier, whilst it had
long been and English gentry during the age of tacitly admitted to be of paramount Queen Victoria, the choice of a pro-importance received concrete recogni fession for him was limited to one tion with the bestowal of the honour of three-the counting-house, the of Knighthood by Queen Victoria in elergy or the army. Sir
Sir Thomas, however, chuse the first, and being sified with an exceptional capacity for figures and what might also be stated an unusual aptitude for finance --banking was promptly conceded as being his proper metier. Consequent
ly, with this end in view he com- menced his career at the age of 20 as a clerk in the Belfast ofice of the Bank of Ireland. Four years later having served his apprenticeship so to speak, he joined the Agra Bank and subsequently in 1886, he com- menced a long and most successful association with the Hongkong and Shanghai Bank which had only ixen founded in January of the previous
year.
1800.
In 1902, moreover, upon his re- tirement from business life in Be
tured
n
Colony, King Edward VII created him the first Baronet of Stansted How Stansted, Essex. The great Bank- ing Corporation which he had mar- during the course of a quarter at a so faithfully and carefully
century, as a mark of appreciation of posing bronze statue which stands in his able services erected the
Statue Square" gazing benevolently the institution which owes its in- at the magnificent headquarters of ception largely to his creative genuis. LEADER OF COMMUNITY
im-
Sir Thomas Jackson after his retirement did not entirely forego
SIR THOS JACKSON, FINANCIÁL WIZARD
SIR THOS JACKSON
Sale Of Water To Ships In H.K. Increaess
During the next decade, Sir Thomas served the Bank in various capacities, 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
past, he cupled a pre-eminent position for so was chosen to occupy the institution's lot, but served upon the directorule.
of a number of corporations amongst highest that of Chief Manager. which may be mentioned the Bank of
post: This
position, as those who are
aware Persia of
The sale of 583,627 luns of water which he was chainman for of the pre-eminence of the Hongkong some time, in addition, he retalued during, the past year, the highest and Shanghai Banking Corporation in un active the mercantile affairs of the Far East, fore interest in the Eust, and figure since 1924, nad an increase of a familiar figure at the 53,500 tons over the previous year's,
war a
FIENDISH ABUSE
OF CHILD ALLEGED
Chinese man Free On Bail
RADIO BROADCAST
The Royal Scots Dance Band From Studio RACHMANINOFF CONCERTO
Radio Programme Broadcast by 2.B.W. on Frequencies of B45 k.c's.. 0.52 m.e's. per second.
-0.0-7.0 Chinese Programme.
7.0 Dance Music.
Fox-Trots-Whoba Golcha Trom- bone For? (Kennedy, Carr); 1'il Stop Out Of The Picture (Kennedy, | Carr) .. Ambrose And His Orch. with Vocal Refrain. Who Stole The Tiger's Rug? (Packay); Bring 'Em Buck Alive (Powell-Williams-Castic- ton-Jefferson) Nat Gonella and
His Georgians vocal retrain by Nat Gonella. Tungo Fox-Trot-Mariton (Connelly and Mariotti); Fox-Trol Rhythm In My Nursery Rhymes (Cahn, Raye. Lunceford and Chaplin) .. Ray Fox And His Orchestra vocal refrain by Mary Lee. Slow Fox-Trot-Star Dust Covered Bundle (Hodges): Fox-Trot-My Shadow's Where My Sweetheart Used To Be (Ilda and Carr) Joe Loss And His Orchestra with vocal refrain. Tango Fox-Trot--Sorrento By The Sen (Henderson and Rosen); Waltz- When You're Only Seventeen ("Tulip Time')...
New Mayfair Dance Orchestra with vocal refrain.
7.32 Closing locul Stock Quotu- lions
7.35 Elsie and Doris"-The H Billies And Greta Keller.
Thar's Gold In Dem Thar Hills (Connor and Lisbunu); Headin' Home (From Here Comes The Band') The Hill Billles. Have You For- gotten So Soon? (Nicholls, Gilbert); Did You Mean It? (Dixon, Greer) Greta Keller. We'll Rest At The End Of The Trail (Poulton and Rose); Carry Me Back To The Lone Proirle (Carson J. Robison)..
The Hill Billes. Gert And Daisy Make (Elsic and A Christmas Pudding
Elsic and Dorla Doris Waters)
Waters.
Weuther
1.0 Local Time Signal, Report and Announcements.
8.03 Studio-Concert by the Dance Band of II.M. 2nd Bn. The Royal Scals (The Royal Regiment).
1. Fox-Trot-Ble. Mir Bist Du Saloon (Secunda, Chapell); 2, Slow Fox-Trot-Let's Have Another is almost unique; for the occupant annual reunions of the Hongkong and was reported by the Hon. Mr. Stanicy
Cigarette (Wrubel, Chappell); 3, may be said to wield almost dicta-al Bank in London. It was II. Dodwell, Chairman, at the annual
Waltz Sympathy (Felm!, Chappell) torial power and is comparable in
he was staying in the metro-generul meeting of the Union Water-
that Train inore ways than one with the dignity
polis and
in his beat Co., Ltd. held this morning. peacefully
A hoy, Li Fook, seven, with hisi and sitting of the Governor of the Colony.
Feidman); 5, Slow Fox- chair that his active life came to an
Mr. Dodwell said:
by a mass of sores and bearing
I Forget
You (Kern, at the DIRTH OF A BANK
Total sales of water for the year the traces of old cone marks, was age of seventy-four on
Chappell) 6, Fox-Trot-High" Hat December 21,
21, 1015. Thus passed amounted to 583,827 tons, the highest displayed before Mr. H. R. Butters And Plecolo And A Case (Brown, Moreover, upon the shoulders of the the man who, during his many Agure since 1924 and an increase of at the Central Magistracy this morn Wright); 7, Fox-Trot-Shine- Chief Manager rest enormous respon-years residence in the Colony, besides 53.500 tong nver 1038 sales.
ing. when his aunt. Wong Yee-mul. (Mack L. Wright), sibilities; for to his acumen und fore-being a banker in the generally ac- Running expenses are down some 37, kept woman, was charged with sight are dependent the fortunes at cepled meaning of the term, was
Orient.
who
end
The net regult is a
8.55 London Relay Monkey
A talk by Sir Josiah Stamp, a.c.D.,
Schuster
Diggers (Burke). Clouds With Toc
the greatest Bnancial institution in the likewise a highly esteemed leader 'inst the increased cost of coal and assaulting „bim........She.....dmitted the, Wrenches in the Trade Machine'-3,
the social and political. He of the being more than offset by "nt of W. Fraser, attached to the G.B.E.
reduction In general repairs and
of Secretariat for Chinese Affairs, said
9.10 Musical Comedy Selections. Indeed, some might have been lath community. He served on practical-renewals, survey fees and cost to entrust the guidance of such ly every committee which had the running the launch.
that the boy's mother was the sister) Helen (Act 1; "O Gottich Paar"— welfare of the Colony as its motive,
Friedel balance of of defendant, and was now dead. Oftenbach) grent affairs in the hands of a man and it was truly said that no public $84,084.08 to be transferred to prolit Since
Tho Gold was barely thirty-five years of
the mother's death four years (Soprano). age, but the years have proved and
cause was complete without a word and loss account as against $40,820.01 ago, the boy had been living with Of Broadway -- Selection from "T. J." as he was affectionately
for the previous year.
Intro: Painting the defendant. exemplified the wisdom of the Bank's known to his friends and admirers:
Tip Referring to the alleged assault, Sunshine': 'Go to Bed'; first directorate. During the regime for Sir Thomas had the Irish knack DEPRECIATION HIGHER
Mr. Fraser of this tall, brusque-mannered Irish- of translating his
said that on anonymous Through The Tulips With Me: Song fund of cogent man the Bank grew by leaps and fegle
The Gold Diggers' There is little to comment on report was received yesterday that
Regat into discourses of silvery bounds, and from veritable touch- eloquence,
was being brutally treated at era Orchestra Cond. by Organ? the profit and loss account. Depre- n boy and-go phase attained. A virtual
clatlon, as compared with last year, No. 4 Shek Kat Lane, first floor. He Starkey, Quentin M. Maclean hegemony in the financial world of In short, he was regarded with the is some $1,800 higher and is account-paid a visit to the address and
and Tierney). child littoral. Moreover, the greatest affection by all classes of the ed for by the writing off of $950 the
'I the community and his valuable services expended on furniture and fixtures There were bruises across
you're love you'il phenomenal growth registered in the will always form one of the brightest and the increase in the rate of de-ach, and his buck was first ten years with Sir Thomas at
stom Following the sun around', 'Ranger's the helm is a fit criterion of the pro-
pages in the colourful blatory of the preciation on No. 5 Waterbost from what
214
Thared to be old cone marks. #Song": "Follow Through" Vocal #ress of later years, as the appended Colony of Hongkong.
2% per cent. to 4 per cent, in accord-2 tables briefly show:
ance with the schedule adopted in red une vere bruises an both checks. Intro: Button up your ever-con years ago.
burnt with chad 10. My lucky Star', I want to be bad', A slight increase is shown in the was als left thumb. The back of you wouldn't fool me, would you?"
Light Opera Company. return on investments anul interest the boy's hands niso were bruised,
9.30 London Relay--The News, And
this leaves us with a balance of and there were cane murics on his
9.50 Rachmaninoff--Concerto No. 2 $49,099.30, an increase of $15,825,18 legs. He was also suffering from in C Minor, Op. 18. over the figure for 1936.
holls bolis,
red as if he had
Played by Serge! Rachmaninoff Adding the sum of $2.131.65 brought}
never
been washed. The child was (Piano) and the Philadelphin Sym- In the last accounts, we have at present in the cure of the Secret-phony Orchestra conducted by Leo- $51,830.05 available for distribution arket for Chinese Affairs,
pold Stokowski.
the China
1876..$
Reserve Fund
100,000; 1880..$ 5,000,000
Total Assets
1875..$34,800,000; 1888..$104,800,000
Notes in Circulation
1875..$ 1,880,000: 1886..$ 4,460,000
Deposits
1870..$11,500,000; 1880..$ 65,500,000;
Manchukuo May Sign New Treaty
Substitute Pact With Germany Hinted
Italy Also Involved
Tokyo. Apr. 0.
It is expected that Germany and
Transfer to
have been
ini
#terrible and "Rio Rita"-Vocal Gems (McCarthy
his
covered with
in
Intro:
'Kinkajou,'
www
Gems (De Sylva, Brown, Henderson).
and the Consulting Committee recom- | Defendant was reraanded until to-
10.25 Songs by Alex. Kipnis mend this be utilized as follows: morrow for the doctor's certificate; (Bass),
to Special Repairs
regarding the child to be examined.j Fund Fund
$14.000.00 She was allowed ball of $250, Transfer to Building Fund 10,000.00 Transfer to Staff Leave and
Contingency Account Pay a dividend of cents 60
per share
38,813 2211 shore;
forward to next
Carry
wecount
2.202.36 FORGED WEALTH
FOUND ON JOBLESS MAN
23.247.00
2,2590.37
$51,030.05
No.
3
Vier
Ernste Gesange, Op. 121 (Jesus. Sirach. Kap. 41: 0 Wuusst ich Doch Den Weg Zuruck, Op. 63, No. 8 (Kinus Groth). It was during this first decade that Sir Thomas proved himself to be a
10.34 Light Variety Programme. Symphony-Nights At The Ballet, man of faith and vision-one who
4; Orchestra looked ahead and was firma In his |
Symphony Orchestra
cond, by Walter Gochr unalterable conviction that the Colony
Vocal Musical Memories Of Franz would grow and increase in trade
Lehar-Potpourri Elisa Illiard and commerce as time went on:
(Soprano), Hans Fidesser (Tenor) for he planned a bullding to house
Orchestra. An unemployed man, Li Kon, alias with
Theatre the bank which until it
Orchestra WILS de- Manchukuo will shortly announce un
14 Stu-ken, 35, appeared at Central Waltzes Fromn Vienna Waltz molished in 1935 to make way
Straus);.... for exchange of Ministers, while a com-
(Johann The proposed transfer to staff leave Magistracy this morning, charged Selection the present splendid structure, was merical treaty, substituting the exist and contingency account will bring with the possession of four $500 London Theatre Orchestra cond. by considered to be one of the hosting trade agreement, is likely to be the balance of that account up to Banks notes, one $100 and three $50 Had A Heart, Margarita (Lisbona, forged Hongkong Bud Shanghal Walford Hyden. Orchestra-I Once imposing of its day. Sir Thomas was signed before the end of the month.
$0,000 and the appropriation of not, however; without his critics, and
of the sume bank, Connor & Schmitz)... Alfredo And many residents who were lacking in In connected with the forthcoming
the His Orchestra with vocal refrain. provide for
of faith in the Colony's future promply visit of the Italian economie mission, necessary and also enable us to make Kwangtung Provincial Bank note at
expenses found Chartered Bank and one $1 forged 11,0 Close Down, dubbed the premises of the Bank by Japanese officialdor and trade ex-
various improvements which will the rather opprobrious epithet of perts are very busy discussing the vill further reduce the unit was Gloucester Road on April 4 and "Jackson's folly."
draft of the Italo-Japanese trade of the fleet.
possession of two forged $1 notes of agreement, according to the Asahi
the Central Bank of China and two Shimbun, which states that the pro-No, & Waterboat at a favourable price Municipal Bank at Peel Street on We recently disposed of our old forged $1 notes of the Canton posals include: The passing of the years, how-
and although by increasing the pump-
the sum
same date. ever, proved that the courage, 1. Conclusion of a trade agreement | ing capacity of the remaining 7 boots Detective-Sub-Inspector W. vision and indomitable spirit of the between Italy, Japan and Manchu | we can meet the demand for our ser- Darkin said the case was for com keen-sighted manager and the kuo;
vices we must very shortly consider mittal to the Sesalons, and asked, for board of Directors who placed their
the question of building a new boat, a date to be fixed for hearing. faith in him were fully justified by 2. Elimination of competition be- | it`
It le considered advisable to com-
Defendant was remanded to 2.30 future events; "The Bank was soon tween the three empires in third mence making provision for this im- p.m. on April 14, to take its place as the premier power markets;
mediately.
TROUBLED WATERS
3. The trade agreement is expect--
$14,000 for special repairs will amply forged notes
three $50 forged notes
Day
N.
- financial house of the Far East,
I do not think, there is anything From that time paward its progressed to deal with the establishment of further calling for comment and Hon. Mr Sinnley H. Dodwell (Chair- was most phenomenal Aven the tanda barter coated between the tailan veg to
10: ponte depre, log of the eightles empire, Japan and Manchukuo, note report and pose the adoption of the man), Messis: A L. Shioids, W. H accounts as presented, Lebert, AKO. Wälinaba" (Consulting
andy
ESPA due to the Donors ably in the exchange of Janariero and Seconded by Mr. W. Wright, the Commitide), MAS ANC. 34, Bowker!
in the price of allvar. Manchuris vere ainst Italian report and accounts were unanimous (Smeralary); Mosers, M. A. Johnson, i ho Tamil rack cachinery material goods adopted.
Brewing, WWWright, 8. Howell Thong present at the möbling wärdi
Wiradi, mnd V0Yvanovjjhitaburehdiderk),
WAKE UP YOUR
LIVER BILE
Without. Calmes)~~And You'll Jump: Out of Bed Fall of Viso and Vigerr. The var honka pour out two pinta se Heuid bile in in your bawala dally. If this Bile not flowing freely, your food dowen't darest. It just devaya in the bowela, Gas bloota ny 'mur stomach, You get constipalai., Your --- Whole system in polecned and you feel noter,
sunk and the world looks punk,
Laxatives are guly makeshifta. A' mare bowel movement dosen's get at the cathe. It takes those famons Carter's Latús Liver Plily to get these two pints of bile flowing
HILHOUSE & Co.
11 New Bond St. LONDON.
In 1799 John Hilhouse started business as a Hatter and Cap Maker. There the business. flourished; celebrities in all spheres of life made Hilhouse their Hatter. He not only made the best hats, he gave courteous attention and good service.
Mackintosh's, have been op- pointed Agents for "Hilhouse" Hats and have received a Stock of specially light weight hats for Spring and Summer wear-and- give the same courtocus atton- tion and good service.
MACKINTOSH'S LTD.
MEN'S WEAR
SPECIALISTS
Beautiful Bathrooms
by Kohler
The styles and shades offered by the famous Kohler Factory, set an exceptionally high stand- ard.
Kohler fixtures ensure sheer beauty plus utility. Represented in Hongkong by......
C. E. WARREN
& CO., LTD.
St. George's Bldg. Tel. 20269.
SORATES
THE SURE WAY OF "BUILDING-UP” A: DOG. SPRATT'S FAMED FOODS ARE OBTAINABLE AT ALL
STORES & COMPRADORES.
Sole Agents:-W. R. Loxtoy & Co. (China), Ltd., Hong Kong.
$1 TIFFINS
at-
Jimmy's
Also A la Carte
Chine Bldg., Hongkong.
Hankow Rd., Kowloon.
Panflavia-