IS
DAILY INFORMATION BULLETIN-SUPPLEMENT
ISSUED BY GOVERNMENT INFORMATION SERVICES BEACONSFIELD HOUSE, HONG KONG TEL- 5-233191
FRIDAY, OCTOBER 17, 1980
SPEECH BY H.E. THE GOVERNOR, SIR MURRAY MACLEHOSE AT THE CENTENARY
DINNER OF THE HONG KONG AND SHANGHAI BANK
IN NEW YORK ON THURSDAY, OCTOBER 16, 1980
This dinner is to celebrate 100 years of banking activity
in New York for the Hong Kong and Shanghai Bank. For a centenarian
it shows remarkable virility and obviously is bigger and stronger and
with a future much more assured than when it came here as a callow
youth 100 years ago. It has now even ventured into marriage with
an American party of impeccable lineage.
I am sure we all wish this new and powerful union well.
It is historically pleasing that this new financial link between
the east coast of America and the Pearl River port of Hong Kong
should be formed. It is 131 years since the American clipper "Sea
Witch" made her record passage of 74 days between Hong Kong and New
York, and at the Peabody Museum and the maritime historical site at
Salem there is recorded the vigour of American participation in the
/commercial and